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    3-7 Jenkins Ct Durham, NH 03824

    For Sale
    $799,000

    Prime Durham location, redevelopment potential, 3,285 sq ft.

    Property size:
    3,285 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional 3,285 square foot property, located at 3-7 Jenkins Court in the heart of Durham, NH, presents a unique investment opportunity. Situated on a 0.08-acre lot, this property boasts a prominent 60' x 50' footprint in the vibrant downtown area, just steps from the University of New Hampshire campus. Currently configured as a one-story retail building with three separate storefronts, the property is zoned Central Business (CB), allowing for a wide range of possibilities. The highest and best use may be a multi-story mixed-use development, incorporating retail and office space at street level, with residential units above. Preliminary elevations for such a project exist, though no active permits are currently in place. Alternatively, the existing structure could be removed to create a much-needed automated parking facility in this high-demand area, generating passive income. The CB zoning also permits a variety of other uses, including hotel, restaurant/bar, gallery, and theater. This property offers significant potential for both immediate income generation and long-term appreciation, making it an ideal investment for savvy developers and entrepreneurs. All information provided should be independently verified by the prospective buyer. No warranties or representations are made regarding the site's potential. The asking price is $799,000.

    Property Features for 3-7 Jenkins Ct

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,285 SF
    Lot Size
    3,485 SF

    Building Details

    Year Built
    1920
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Durham
    County
    Strafford
    State
    New Hampshire
    Longitude
    -70.92655
    Latitude
    43.13492

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Durham location, redevelopment potential, 3,285 sq ft.
    Where is this commercial real estate located?
    The property is located at 3-7 Jenkins Ct Durham, NH.
    What is the asking price?
    The asking price for this property is $799,000.
    (603) 365-5848
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    3-7 Jenkins Ct Durham, NH 03824
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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
    3-7 Jenkins Ct Durham, NH 03824
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