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    162 Nh Rte Somersworth, NH 03878

    Sponsored
    For Sale
    $1,350,000

    Prime 4.35-acre retail property on Route 108.

    Property size:
    2,880 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 4.35-acre commercial property in Somersworth, New Hampshire, presents a unique investment opportunity. Situated on the highly trafficked Route 108, the property boasts an impressive 876 feet of road frontage, ensuring maximum visibility and accessibility. Two existing buildings, totaling 2,880 square feet, are currently utilized for sales, fabrication, and support operations. However, the current occupant is relocating, making this property immediately available for a new owner. The high traffic volume and prominent location make it ideally suited for a wide range of retail and commercial ventures. The substantial road frontage offers significant potential for future expansion or redevelopment, allowing for customization to meet specific business needs. This rare opportunity combines a prime location with existing infrastructure, presenting a compelling investment prospect for discerning buyers seeking a high-impact commercial presence in a thriving market. The property's size and visibility make it an exceptional choice for businesses seeking to establish a strong foothold in the Somersworth area. The existing buildings provide immediate occupancy potential, while the ample land allows for future growth and development. Don't miss this chance to acquire a truly exceptional commercial property in a highly desirable location.

    Property Features for 162 Nh Rte

    General Information

    Property type
    Retail properties
    Square Feet
    2,880 SF
    Lot Size
    189,486 SF

    Building Details

    Year Built
    1956
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail properties

    Map

    City
    Somersworth
    County
    Strafford
    State
    New Hampshire
    Longitude
    -70.89869
    Latitude
    43.23813

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    FAQs

    What type of property is this?
    Retail property - Prime 4.35-acre retail property on Route 108.
    Where is this retail property located?
    The property is located at 162 Nh Rte Somersworth, NH.
    What is the asking price?
    The asking price for this property is $1,350,000.
    Request Owner's contact information
    162 Nh Rte Somersworth, NH 03878
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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
    162 Nh Rte Somersworth, NH 03878
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