Add Listing
    For Lease
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    199 Route 101 Amherst, NH

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    High-traffic location with potential for office or retail use.

    Type:OFFICE
    Property size:
    8,613 SF
    Lot size:
    33.26 Acres
    Added:
    Jun 25, 2009
    Days on Market:
    6155
    Last Refresh:
    Apr 5 at 8:24 pm

    Property Features for 199 Route 101

    General Information

    Standard status
    Active
    Size
    8,613 SF
    Lot size
    33.26 Acres
    Property subtype
    OFFICE

    Spaces For Lease

    at 199 Route 101 Contact us

    We can help!

    Listing Contact
    Lawrence Hirsch
    Lawrence Hirsch

    Listing agent Lawrence Hirsch

    Listing office Hirsch & Co Inc

    Listing date Jun 25, 2009

    Source Moodyscre

    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 Hirsch & Co Inc

    Overview

    Amherst Office/Retail Space Available

    This property is located in a high-traffic area on Route 101 in Amherst, NH. The property, previously used as a medical office, offers potential uses for office or retail tenants. Current tenants include two medical practices, a veterinary practice, and the Amherst Post Office. Opportunities are available for both office and retail users, with suitability ranging from medical to general office purposes. The property has a total size of 8,613 square feet.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Map

    City
    Amherst
    County
    Hillsborough
    State
    New Hampshire
    Longitude
    -71.6074
    Latitude
    42.8705

    Nearby Similar for Lease

    • $17 SF/Yr

      Industrial Space with Cranes, Drive-ins

      5,295 SF industrial space with cranes and drive-in doors.
      14 Caldwell, Amherst, NH
      View Details
    • Contact for pricing

      Retail Space in Amherst, NH

      Retail spaces available in a shopping center with ample parking.
      123 State Route 101, Amherst, NH 03031
      View Details
    • Contact for pricing

      Amherst Commercial Space For Lease

      5000 sq ft space with Route 101A exposure.
      71 NH-Route 101A, Amherst, NH 03031
      View Details
    • $16 SF/Yr

      Amherst Office Space For Rent

      5000 sq ft office space with Route 101A exposure.
      71 NH-101A, Amherst, NH
      View Details
    • Contact for pricing

      Industrial-Office Space in Amherst, NH

      208,520 square feet of industrial-office space for sublease.
      1 Bon Terrain Drive, Amherst, NH
      View Details
    • Contact for pricing

      Retail Space in Amherst, NH

      Retail spaces available with high traffic and ample parking.
      123 NH-101A, Amherst, NH
      View Details
    • $5 SF/Yr

      Amherst Warehouse Space Available

      92,600 square feet of industrial warehouse space for lease.
      9 A Columbia Drive, Amherst, NH
      View Details
    • $8 SF/Yr

      Amherst Office Space Available

      Well-landscaped office space in a prime location on Route 101A.
      105 NH-101A, Amherst, NH
      View Details
    • $3 SF/Yr

      Retail Space in Heritage Place

      Retail leasing opportunities in Amherst, New Hampshire with ample parking.
      141 Route 101A, Amherst, NH
      View Details

    FAQs

    What type of property is this?
    Office units - High-traffic location with potential for office or retail use.
    Where is this office units located?
    The property is located at 199 Route 101 Amherst, NH.
    What is the lease rate?
    The lease rate is $7 SF/Yr.
    What are key features of this property?
    This property features: High traffic location on Route 101; Diverse tenant mix including medical practices and Amherst Post Office; Suitable for office or retail use
    (603) 886-4700 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Lawrence Hirsch
    Lawrence Hirsch
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    199 Route 101 , Amherst, NH

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!