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

    5 Riv Rd Claremont, NH 03743

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,500,000

    Well-maintained auto dealership with showroom, service bays, and warehouse.

    Lot size:
    21.59 Acres

    Property Features for 5 Riv Rd

    General Information

    Lot size
    21.59 Acres

    Building Details

    Year built
    1968

    We can help!

    Listing Contact
    Brian Whipple
    Brian Whipple
    Source: Elliman

    Listing Agency: Coldwell Banker Homes Unlimited Real Estate Listing Agent: Brian Whipple

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

    Learn more

    Property Insight Report

    Overview

    Auto Dealership on 21+ Acres

    This well-maintained auto dealership property offers approximately 11,000 square feet of space. The property includes a showroom with 2,980 square feet of display area, as well as a 7,468-square-foot service area featuring seven bays with 10' x 10' overhead doors and two high bays with 12' x 14' overhead doors. Situated on 21.59 acres, the property provides a large parking display area and an additional 4,100-square-foot warehouse with two loading docks. This property is suitable for auto sales and service businesses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Building Supply Dental Office Big Box & Wholesale Store Auto Repair Shop Hotel & Motel Auto Parts Store Food Market HVAC Service Grocery & Convenience Store Storage Facility

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

    Similar Places Nearby

    CDJR Of Claremont Parts Department, 603 Metalworks & Collision

    Location Insight

    • Map
    • Local Demand
    City
    Claremont
    County
    Sullivan
    State
    New Hampshire
    Longitude
    -72.3252
    Latitude
    43.3506

    Nearby Similar for Sale

    • $750,000
      18,500 SF

      Former School Building on 1.56 Acres

      Historic 18,500 sq ft building on 1.56 acres.
      16 Central St, Claremont, NH 03743
      View Details
    • $295,000
      2,708 SF

      Well-Maintained Multi-Family Investment Property

      Three-unit property with strong income potential in Claremont, New Hampshire.
      110 Sullivan St, Claremont, NH 03743
      View Details
    • $395,000
      0.09 Acres

      Historic Claremont Building For Sale

      Downtown building with restaurant and apartment, generating monthly income.
      36-38 Opera House Sq, Claremont, NH 03743
      View Details
    • New
      $434,950

      Mixed-Use Building in Downtown Claremont

      Mixed-use building with retail, office, and apartment potential.
      19 Pleasant St, Claremont, NH 03743
      View Details
    • $75,000

      Optometry Business Opportunity For Sale

      Established optometry business for sale with existing clientele and inventory.
      11 Dunning St, Claremont, NH 03743
      View Details
    • $889,000

      Claremont, NH Investment Opportunity

      Commercial property for sale in Claremont, New Hampshire.
      8 Union St, Claremont, NH 03743
      View Details
    • $49,900

      Warehouse Space with Two Stories

      3,600 SF warehouse space suitable for storage.
      56 Myrtle St, Claremont, NH 03743
      View Details
    • Contact for pricing
      33,686 SF

      Commercial Condo Units Available

      Four contiguous commercial condo units available for purchase.
      21 Water St, Claremont, NH 03743
      View Details
    • $480,000

      Claremont NH Quadplex For Sale

      Cash flowing quadplex with renovated units in Claremont, New Hampshire.
      50 School St, Claremont, NH 03473
      View Details
    • $360,000

      Claremont NH Triplex For Sale

      Cash flowing triplex with two 3-bedroom and one 2-bedroom apartments.
      38 Washington St, Claremont, NH 03743
      View Details
    • $360,000

      Claremont NH Triplex Investment

      Cash-flowing triplex with laundry hookups in Claremont, New Hampshire.
      278 Pleasant St, Claremont, NH 03743
      View Details
    • Contact for pricing
      3,600 SF

      Former Furniture Warehouse with Storage

      Two-story warehouse with 3,600 square feet of storage space.
      56 Mulberry St, Claremont, NH 03743
      View Details

    FAQs

    What type of property is this?
    Auto shop - Well-maintained auto dealership with showroom, service bays, and warehouse.
    Where is this auto shop located?
    The property is located at 5 Riv Rd Claremont, NH.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - 21.59 Acres for Extensive Parking and Display; - Large 7,468 Sq Ft Service Area with 7 Bays; - Additional 4,100 Sq Ft Warehouse with 2 Loading Docks
    (603) 542-2503
    Request Owner's contact information
    5 Riv Rd Claremont, NH 03743
    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.
    5 Riv Rd
    Claremont, NH 03743
    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
    5 Riv Rd Claremont, NH 03743
    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

    We can help!
    Listing Contact
    Brian Whipple
    Brian Whipple
    (603) 542-2503
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!