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    Wheelchair-Accessible Medical Office Building Title is generated by Realmo AI

    1 Mound Court, Merrimack, NH 03054

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    COMMERCIAL - Merrimack, NH

    Lot size:
    0.26 Acres
    Added:
    Jan 12, 2026
    Days on Market:
    144
    Last Refresh:
    Jun 5 at 7:06 am

    Property Features for 1 Mound Court

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Zoning
    C2- GE
    Rooms
    Basement
    Accessibility
    Accessible Approach with Ramp
    Standard status
    Active
    Size
    1 SF
    Lot size
    0.26 Acres

    Utilities

    Utilities
    Propane
    Water source
    Public

    Building Details

    Year built
    1986
    Roof type
    Shingle

    We can help!

    Listing Contact
    Heather Thompson- McAfee

    Listing agent Heather Thompson- McAfee

    Listing office Coldwell Banker Realty Bedford NH 166 Rte 101, Bedford, NH

    Listing date Jan 12, 2026

    MLS# 5073712

    Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Medical office building (standalone condominium) built in 1986
    • Wheelchair accessible on all floors with an accessible approach ramp
    • Includes multiple clinical exam rooms, four private offices, and a spacious reception and waiting areas
    • Passenger elevator plus dedicated storage space
    • Sprinkler system and backup generator for continued operations
    • Public water and propane utilities; shingle roof

    Overview

    1 Mound Court is a standalone, healthcare-oriented medical office building designed to support day-to-day clinical operations. The interior layout includes multiple clinical exam rooms, four private offices, and a spacious reception and waiting area, along with dedicated storage space. The building is fully wheelchair accessible on all floors and includes a passenger elevator for convenient vertical circulation. Core life-safety and operations infrastructure include a sprinkler system and a backup generator, helping maintain continuity for an owner-user or professional tenant.

    The property is located at 1 Mound Court in Merrimack, NH, positioned between the Everett Turnpike and Route 3. This placement supports convenient access for both patients and staff and provides strong site visibility from surrounding roadways. The property is identified under zoning C2- GE.

    With its exam room configuration, reception and waiting space, and disability-friendly layout, the building can fit a broad range of medical and professional uses that benefit from a turn-key setup. The seller indicates the property is available vacant, which may support new occupancy planning for a tenant or an owner-operator looking to move in without an existing operating program in place.
    Property Profile Location Intelligence

    Current Use by Public Records

    Steven Toscano, PA Physician Dr. Michael J. ... Physician Granite State Pain ... Physician Jonathan Mazur Physician Dr. Edward Doherty, ... Physician

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Posage Veterinary Behavior Services — 22 Greeley St UNIT 7, Merrimack, NH 03054

    Location Insight

    • Map
    • Local Demand
    City
    Merrimack
    County
    Hillsborough
    State
    New Hampshire
    Longitude
    -71.492374
    Latitude
    42.838864

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    FAQs

    What type of property is this?
    Medical Office Space - Well-equipped medical office with exam rooms, reception areas, and accessibility supported by elevator, sprinkler, and backup power.
    Where is this medical office space located?
    The property is located at 1 Mound Court Merrimack, NH.
    What are key features of this property?
    This property features: Medical office building (standalone condominium) built in 1986; Wheelchair accessible on all floors with an accessible approach ramp; Includes multiple clinical exam rooms, four private offices, and a spacious reception and waiting areas
    (603) 848-9559
    We can help!
    Listing Contact
    Heather Thompson- McAfee
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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