Highway Frontage Flex
For Sale
$1,799,999
1210 White Mountain Hwy, Ossipee, NH 03864
Mixed showroom and warehouse configuration supports customer-facing operations alongside inventory, receiving, and service functions.
Property Size14,400 SF
Price / SF$124
Days on Market88
Property Features for 1210 White Mountain Hwy
General Information
Standard status
Active
Size
14,400 SF
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
2002
Listing Agency:
Maxfield Real Estate/Wolfeboro
Listed By:
Jon Parker
Source:
Carolslocum
Added: Jun 3
Changed: Aug 28
Last Checked: Aug 28 at 8:22PM
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 Maxfield Real Estate/Wolfeboro
Investment Insights
Based on property information with market context.
This 14,400-square-foot flex building, constructed in 2002, combines a large open showroom area with substantial warehouse and garage space. Multiple exterior entrances serve the customer-facing portion, while the rear area provides room for inventory, receiving, light industrial activity, or service operations. The interior also includes two bathrooms, a utility room, hallway circulation, and several enclosed rooms suited to offices, storage, private showrooms, or administrative functions.
The property is located at 1210 White Mountain Highway in Ossipee along NH-16, with frontage serving traffic in both directions. The surrounding commercial corridor includes restaurants, retail businesses, convenience services, lodging, and recreational destinations. The sale includes the land and building only; the Yankee Furniture Barn business is excluded.
The property is located at 1210 White Mountain Highway in Ossipee along NH-16, with frontage serving traffic in both directions. The surrounding commercial corridor includes restaurants, retail businesses, convenience services, lodging, and recreational destinations. The sale includes the land and building only; the Yankee Furniture Barn business is excluded.
Key Highlights
- 14,400‑square‑foot flex building on White Mountain Highway in Ossipee
- Constructed in 2002
- Large open showroom area with multiple exterior entrances
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$145,454
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.08%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,909,080
$2.9M
Cap Rate 7%
$2,077,914
$2.1M
Cap Rate 9%
$1,616,156
$1.6M
Market Conditions
NOI Build-Up for 14,400 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$224.6K $15.60/SF
− Vacancy
−$16.8K −$1.17/SF
EGI
$207.8K $14.43/SF
− OpEx
−$62.3K −$4.33/SF
NOI
$145.5K $10.10/SF
Area
Carroll County, NH
Vacancy
7.50%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,909,080
Cap Rate 7%
$2,077,914
Cap Rate 9%
$1,616,156
Alternative Uses
Best Use
Retail
$2.08M
$1.82M – $2.42M
NOI $145,454 @ 7.0% cap · market cap 8.08%
Second Best
Warehouse
$2.03M
$1.78M – $2.37M
NOI $142,062 @ 7.0% cap · market cap 7.89%
Theoretical Best
Office A
$3.60M
$3.15M – $4.19M
NOI $251,694 @ 7.0% cap · market cap 13.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
75
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 03864, NH
1,999
Population
987
Households
2
Avg Household Size
51
Median Age
19%
College-Educated
94%
High-School Grad
40.2 sq mi
ZIP Area
50
Density / Sq Mi
$64,744
Median Household Income
$39,985
Median Earnings
$955
Median Rent
$252,300
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Similar Off Market Nearby
- Sipz — Ossipee, NH 03864
Frequently Asked Questions
What type of property is this?
Flex space - Mixed showroom and warehouse configuration supports customer-facing operations alongside inventory, receiving, and service functions.
Where is this flex space located?
The property is located at 1210 White Mountain Hwy Ossipee, NH.
What is the asking price?
The asking price for this property is $1,799,999.
What are key features of this property?
This property features: 14,400‑square‑foot flex building on White Mountain Highway in Ossipee; Constructed in 2002; Large open showroom area with multiple exterior entrances
