Building Details

Year Built 1989

Listing Agency: Vanessa Stone Real Estate Show Phone

Listed By: Leafie Casey Cantlin · License #Leafie Casey Cantlin Show Phone

Source: Longviewcre

Added: Aug 20 Changed: Nov 1 Last Checked: Nov 1 at 2:18AM

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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 Vanessa Stone Real Estate

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Investment Insights

Based on property information with market context.

The automotive property includes a 28' x 40' office and connected garage areas measuring 62' x 36' and 50' x 60'. Its effective area is 6,733 square feet, and the building was constructed in 1989. A large paved driveway serves the property.

Key Highlights

• Office measures 28' x 40'
• Connected garage areas measure 62' x 36' and 50' x 60'
• Tax card lists an effective area of 6,733 square feet

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$61,268

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,225,360 $1.2M

Cap Rate 7%

$875,257 $875.3K

Cap Rate 9%

$680,756 $680.8K

What to ask about pricing

Market Conditions

NOI Build-Up for 6,733 SF

Gross rent

$92.9K $13.80/SF

− Vacancy

−$5.4K −$0.80/SF

EGI

$87.5K $13.00/SF

− OpEx

−$26.3K −$3.90/SF

NOI

$61.3K $9.10/SF

Area

Grafton County, NH

Vacancy

5.80%

Lease Rate

$13.80 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,225,360

Cap Rate 7%

$875,257

Cap Rate 9%

$680,756

Alternative Uses

Best Use

Retail

$1.03M

$897.1K – $1.20M (±1% cap)

NOI $71,771 @ 7.0% cap · market cap 1,040.16%

Second Best

Industrial

$875.3K

$765.9K – $1.02M (±1% cap)

NOI $61,268 @ 7.0% cap · market cap 887.94%

Theoretical Best

Office A

$1.48M

$1.30M – $1.73M (±1% cap)

NOI $103,674 @ 7.0% cap · market cap 1,502.52%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Auto shops

Suggested Use

Top Pick Locksmith Garden Center Storage Facility Carpet & Flooring Store (Bike/Boat/Book/etc) Store Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

53

Businesses Nearby

12k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 60% Shops & Services 40%

Dunkin' Donuts Dining

7,264 visits/mo 0.4 miles

Family Dollar Shops & Services

4,865 visits/mo 0.4 miles

Demographics for 03741, NH

4,071

Population

2,171

Households

1.9

Avg Household Size

47

Median Age

27%

College-Educated

91%

High-School Grad

76.4 sq mi

ZIP Area

53

Density / Sq Mi

$78,523

Median Household Income

$47,628

Median Earnings

$1,108

Median Rent

$241,000

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Similar Off Market Nearby

• J & B Autoworx Tire — 479 US-4, Enfield, NH 03748
• Dave's Starter & Alternator — 521 US-4, Enfield, NH 03741
• Hale's Garage — 3 Hardy Rd, Enfield, NH 03748
• Peanuts Auto LLC — 56 US-4, Canaan, NH 03741
• Hersey's Transmission Services — 165 W Farms Rd, Canaan, NH 03741

Frequently Asked Questions

What type of property is this?

Auto shop - Connected garage areas and a dedicated office provide separate work and administrative space.

Where is this auto shop located?

The property is located at 14 West Farms Road Canaan, NH.

What are key features of this property?

This property features: Office measures 28' x 40'; Connected garage areas measure 62' x 36' and 50' x 60'; Tax card lists an effective area of 6,733 square feet