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    14 Johnson Ln Andover, NH 03216

    Sponsored
    For Sale
    $375,000

    3.27-acre lot, 8-unit storage facility, strong cash flow.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 3.27-acre commercial property, situated in Andover, NH's Village District, presents a lucrative investment opportunity. Currently operating as a successful storage facility generating positive cash flow, this property offers significant potential for diverse uses. The eight individual units provide flexibility, with the largest previously utilized as an auto repair shop. Several long-term tenants are currently in place, including a bus company, ensuring a stable income stream. The property enjoys a picturesque location bordering the Blackwater River. Prospective buyers are encouraged to conduct their own due diligence. Detailed information regarding the Village District zoning regulations and permitted business types is available in the accompanying town document. This property is ideal for investors seeking a strong return on investment with the potential for future expansion or redevelopment. The existing infrastructure and established tenancy provide a solid foundation for immediate income generation and long-term growth. The unique combination of location, existing income, and development potential makes this a truly exceptional opportunity. Don't miss out on this chance to acquire a thriving commercial property in a desirable New Hampshire town.

    Property Features for 14 Johnson Ln

    General Information

    Property type
    Other commercial real estate
    Lot Size
    142,441 SF

    Building Details

    Year Built
    1980
    Property Profile Location Intelligence

    Current Use by Public Records

    U-Haul Neighborhood Dealer Trailer Rental Service

    Suggested Use

    Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Clothing Store Gym & Fitness Skin Care Clinic Food Market Garden Center Discount Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Andover
    County
    Merrimack
    State
    New Hampshire
    Longitude
    -71.86746
    Latitude
    43.43069

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    FAQs

    What type of property is this?
    Commercial real estate - 3.27-acre lot, 8-unit storage facility, strong cash flow.
    Where is this commercial real estate located?
    The property is located at 14 Johnson Ln Andover, NH.
    What is the asking price?
    The asking price for this property is $375,000.
    (617) 413-1020
    Request Owner's contact information
    14 Johnson Ln Andover, NH 03216
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    Andover, NH 03216
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    14 Johnson Ln Andover, NH 03216
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