10 Lane Rd, Raymond, NH 03890

Building Details

Year Built 1990 More

Buildings 2 More

Stories 2 More

Building Size 6,672 SF More

Listing Agency: BHHS Verani Londonderry

Listed By: David Morin · License NH #40580 Show Phone

Source: Megansellsnh

Added: Aug 14 Changed: Oct 31 Last Checked: Oct 7 at 2:42PM

Report an Issue

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BHHS Verani Londonderry

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This flex property includes two existing buildings: a 6,672-square-foot, two-story office building and a 5,000-square-foot industrial building. The industrial facility is currently leased to a national engineering firm. The property was built in 1990 and includes secured town permits for a future 24,000-square-foot warehouse building on the site.

Located at 10 Lane Rd in Raymond, New Hampshire, the property sits along the NH Route 101 corridor. The setting is car-dependent, with a Walk Score of 0 and a Bike Score of 25. The combination of existing office and industrial improvements with permitted additional warehouse construction provides a defined multi-building configuration.

Key Highlights

• 6,672 SF two‑story office building
• 5,000 SF industrial building leased to a national engineering firm
• Town permits secured for a 24,000 SF warehouse building

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$160,999

Cap Rate

7.16%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$3,219,980 $3.2M

Cap Rate 7%

$2,299,986 $2.3M

Cap Rate 9%

$1,788,878 $1.8M

Is this asking price fair?

Market Conditions

NOI Build-Up for 11,692 SF

Gross rent

$252.5K $21.60/SF

− Vacancy

−$37.9K −$3.24/SF

EGI

$214.7K $18.36/SF

− OpEx

−$53.7K −$4.59/SF

NOI

$161.0K $13.77/SF

Area

Carroll County, NH

Vacancy

15.00%

Lease Rate

$21.60 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$3,219,980

Cap Rate 7%

$2,299,986

Cap Rate 9%

$1,788,878

Alternative Uses

Best Use

Office B

$2.30M

$2.01M – $2.68M (±1% cap)

NOI $160,999 @ 7.0% cap · market cap 7.16%

Second Best

Warehouse

$1.65M

$1.44M – $1.92M (±1% cap)

NOI $115,347 @ 7.0% cap · market cap 5.13%

Theoretical Best

Office A

$2.92M

$2.55M – $3.41M (±1% cap)

NOI $204,361 @ 7.0% cap · market cap 9.08%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Granite State Specialties Construction Company GSParcel Department Store

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Plumbing Service Restaurant Bakery (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

25

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 03890, NH

177

Population

10

Households

17.7

Avg Household Size

51

Median Age

41%

College-Educated

100%

High-School Grad

1.6 sq mi

ZIP Area

111

Density / Sq Mi

$25,104

Median Earnings

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019

15.4% 2020

17.6% 2021

19.1% 2022

20.2% 2023

20.9% 2024

19.9% 2025

Similar For Sale Nearby

See more

Industrial Warehouse with Loading Docks

2 Infinity Drive, Raymond, NH 03077

Contact for pricing

6,000 SF

View details

Triplex with Garages and Outbuildings

1 Old Manchester Road, Raymond, NH 03077

$925,000

5,346 SF

View details

Remodeled Duplex with Garage

17 Old Fremont Road, Raymond, NH 03077

$590,000

0.71 Acres

View details

Frequently Asked Questions

What type of property is this?

Flex space - Two existing buildings support office and industrial operations, with town-approved construction planned for an additional warehouse.

Where is this flex space located?

The property is located at 10 Lane Rd Raymond, NH.

What is the asking price?

The asking price for this property is $2,250,000.

What are key features of this property?

This property features: 6,672 SF two‑story office building; 5,000 SF industrial building leased to a national engineering firm; Town permits secured for a 24,000 SF warehouse building