Sign Up Successful!
You now have access to more from Realmo!
    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

    8-10 Granite Ave Concord, NH 03301

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $420,000

    Two units, each with three bedrooms plus bonus room.

    Lot size:
    0.09 Acres

    Property Features for 8-10 Granite Ave

    General Information

    Lot size
    0.09 Acres

    Building Details

    Year built
    1890

    We can help!

    Listing Contact
    Hvizda Realty Group
    Source: Elliman

    Listing Agent: Hvizda Realty Group

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

    Learn more

    Overview

    Concord Duplex with Bonus Rooms

    The 1890 Concord Duplex features two units, each containing three bedrooms and one bathroom, along with a bonus room suitable for use as a fourth bedroom, office, or flexible space. The property has separate utilities and is connected to public water and sewer services. Natural gas is available, with one new furnace and another from 2016. Each unit includes a spacious basement for storage and a covered porch. The property is located conveniently near shopping, amenities, and the highway. The units are currently tenant occupied.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Concord
    County
    Merrimack
    State
    New Hampshire
    Longitude
    -71.5487748
    Latitude
    43.2191602

    Nearby Similar for Sale

    • $750,000
      0.27 Acres

      Downtown Concord Commercial Opportunity

      Thriving business and real estate in a sought-after commercial corridor.
      242 North Main St, Concord, NH 03303
      View Details
    • New
      $650,000
      3,934 SF

      Musician's Dream Multifamily Property

      Four-unit multifamily property with recording studio on three acres.
      11 White Plains Rd, Concord, NH 03303
      View Details
    • $525,000
      2,406 SF

      Concord Commercial Building For Sale

      Well-maintained commercial building in high-traffic area, ideal for various uses.
      78 Fisherville Rd, Concord, NH 03301
      View Details
    • $390,000
      0.90 Acres

      Freestanding Former Dental Office

      Freestanding 1551 SF commercial property in a well-traveled retail corridor.
      27 Village St, Concord, NH 03303
      View Details
    • $185,000
      0.44 Acres

      Downtown Concord Office Condo For Sale

      Office condo in desirable downtown location with high-end finishes.
      46 S Main St, Concord, NH 03301
      View Details
    • $330,000
      2,640 SF

      Downtown Concord Commercial Building

      Versatile commercial building in downtown Concord for sale or lease.
      85 S State St, Concord, NH 03301
      View Details
    • $1,300,000

      Concord Commercial Building For Sale

      Three-unit commercial building in Concord with office, garage, and storage.
      200-206 North State St, Concord, NH 03301
      View Details
    • $999,900

      Retail/Residential Multi Opportunity

      Country general store with three apartments in East Concord Village.
      11 Eastman St, Concord, NH 03301
      View Details
    • $492,000

      Concord Two-Family Home with Garage

      Two-unit property in Concord with updates and ample parking.
      37 Thorndike St, Concord, NH 03301
      View Details
    • $459,900

      Spacious Duplex in Concord's South

      Well-maintained duplex in Concord's South End, ideal for owner-occupants.
      14-16 Perley St, Concord, NH 03301
      View Details
    • $499,000

      Updated Two-Family Home

      Well-maintained duplex with updated units, ideal for investors.
      10 Perley St, Concord, NH 03301
      View Details
    • $3,000,000
      22,698 SF

      Concord Multi-Building Campus For Sale

      22,698± SF multi-building campus in active commercial corridor.
      13-19 Chenell Dr, Concord, NH 03301
      View Details

    FAQs

    What type of property is this?
    Duplex - Two units, each with three bedrooms plus bonus room.
    Where is this duplex located?
    The property is located at 8-10 Granite Ave Concord, NH.
    What is the asking price?
    The asking price for this property is $420,000.
    What are key features of this property?
    This property features: - Two units, each with 3 bedrooms, 1 bathroom, and a bonus room.; - Separate utilities for each unit simplifying management.; - Convenient location near shopping, amenities, and highway access.
    (603) 557-6661
    Request Owner's contact information
    8-10 Granite Ave Concord, NH 03301
    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.
    8-10 Granite Ave
    Concord, NH 03301
    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
    8-10 Granite Ave Concord, NH 03301
    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
    Hvizda Realty Group
    (603) 557-6661
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.