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    2 Howe Dr Amherst, NH 03031

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    For Sale
    Contact for pricing

    242,218 SF distribution facility with income potential.

    Property size:
    242,000 SF
    Lot size:
    22.82 Acres

    Property Features for 2 Howe Dr

    General Information

    Size
    242,000 SF
    Lot size
    22.82 Acres

    Source: Colliers | Boston Agent Frank Petz

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Distribution Facility in Southern NH

    The property at 2 Howe Drive is a 242,218 square foot distribution facility. It is centrally located to service major population centers in the Northeast. This Class A, institutional-quality industrial opportunity is in the Greater Boston market. The property is currently 100% leased to 2 tenants, generating an in-place NOI of $2.34M, offering immediate cash flow stability. In-place rents are more than 40% below current market levels. The building features clear heights of 36 feet, 56 dock doors (1 per 4,320 SF), 5 drive-in doors, 40 trailer parking spots, and column spacing of 53 feet x 45 feet with 60-foot speed bays. It is located less than 1.5 miles from Route 3, providing access to major New England transportation routes.
    Location Intelligence

    Current Use by Public Records

    Sam's Furniture Ashley ... Warehouse

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Amherst
    County
    Hillsborough
    State
    New Hampshire
    Longitude
    -71.5705815
    Latitude
    42.8048137

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    FAQs

    What type of property is this?
    Distribution center - 242,218 SF distribution facility with income potential.
    Where is this distribution center located?
    The property is located at 2 Howe Dr Amherst, NH.
    What are key features of this property?
    This property features: - Class A distribution facility in the Greater Boston market.; - Immediate cash flow stability with an in-place NOI of $2.34M.; - Opportunity to increase rents by marking to market (40% below current levels).
    (617) 330-8000
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    2 Howe Dr Amherst, NH 03031
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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
    2 Howe Dr Amherst, NH 03031
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