880 John Stark Hwy Newport, NH 03773-2608
- Showrooms
- 3,125 SF
- 14.70 lot acres
Current Use by Public Records
- Showrooms
Property Details for 880 John Stark Hwy
- Year built
- 1997
- Lot size
- 14.70 lot acres
- Property size
- 3,125 SF
- Zone code
- RC5 R
- Property type
- Showrooms
- APN
- NWPT M:00235 B:021000 L:000000
- APU
- NWPTM00235B021000L000000
Description
This exceptional 3,125 square foot free-standing retail building, situated on a 2.75-acre lot, presents a unique investment opportunity. Built in 1997, the two-story structure boasts ample parking for over 300 vehicles, a significant advantage given its location on Route 103/Route 11, a high-traffic corridor with over 10,000 vehicles passing daily. The building's versatile layout includes office/showroom space, a conference room, kitchen, and two bathrooms in the front, complemented by a rear vehicle repair shop featuring two drive-in doors, nine-ton lifts, and a 15-foot ceiling. The second floor offers valuable storage space. The property's zoning is COMM, and its APN is 000235021000000000, located in Sullivan County. This property is ideal for a variety of uses, including auto dealerships, delivery fleet parking, RV sales, and more. The paved lot ensures convenient access and ample space for customers and employees. The high visibility and substantial traffic volume make this a prime location for businesses seeking significant exposure and accessibility. This single-tenant building offers a rare combination of space, location, and functionality.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $780,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $565,000
- 6.5%
- $520,000
- 7%
- $485,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $605,000
- Geo Method
- $600,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $465,000
- Retail
- $605,000
- Mixed-Use
- $605,000
- Hospitality
- $545,000
- Educational
- $585,000
- Residential Income
- $550,000
- Energy
- $565,000
- Income-Based Land
- $590,000
- Food Service
- $445,000
Location Insight
- Map
- Local Demand
- City
- Newport
- County
- Sullivan
- State
- New Hampshire
- Longitude
- -72.25
- Latitude
- 43.3648
- CBSA code
- 30100
- CBSA name
- LEBANON, NH-VT MICROPOLITAN STATISTICAL AREA