Building Details

Year Built 1989

Buildings 1

Stories 1

Building Size 9,955 SF

Listing Agency: Downtown Realty

Listed By: Matthew Lefebvre · License #070207 Show Phone

Source: Hgjohnsonrealestate

Added: Jul 3 Changed: Oct 13 Last Checked: Oct 12 at 8:46PM

Report an Issue

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 Downtown Realty

Investment Insights

Based on property information with market context.

This single-story flex property contains ±9,955 SF within a private ±2.98 AC setting. The building includes approximately ±5,900 SF of flex and warehouse area alongside ±4,050 SF of finished office space. Warehouse improvements include 12' clear height, one 48" dock, one grade-level 12' x 12' roll-up door, four exterior man doors, heavy 3-phase power at 480/277V, 4-wire service, rigid ductwork, and minimal interior columns. The office area has carpet and hardwood flooring, drywall partitions, propane-fired forced-air heat, and complete air-conditioning coverage. Built in 1989, the property also offers paved on-site parking, a private well and septic system, and a driveway that places the building back from the main road.

The property is in Tilton's primary Industrial zone, directly beside an expanding business park and within an established industrial base. The surrounding commercial area includes Tanger Outlets, BJ's Wholesale Club, The Home Depot, Walmart, and Lowe's. Planned nearby development includes ±60,000 SF of self-storage and a ±125,000 SF manufacturing facility.

Key Highlights

• ±9,955 SF flex building on a private ±2.98 AC lot
• ±5,900 SF of flex/warehouse space and ±4,050 SF of finished office space
• 12' clear height with one 48" dock and one grade‑level 12' x 12' roll‑up door

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$132,054

Cap Rate

9.11%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$2,641,080 $2.6M

Cap Rate 7%

$1,886,486 $1.9M

Cap Rate 9%

$1,467,267 $1.5M

Market Conditions

NOI Build-Up for 9,955 SF

Gross rent

$203.1K $20.40/SF

− Vacancy

−$27.0K −$2.71/SF

EGI

$176.1K $17.69/SF

− OpEx

−$44.0K −$4.42/SF

NOI

$132.1K $13.27/SF

Area

Belknap County, NH

Vacancy

13.30%

Lease Rate

$20.40 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$2,641,080

Cap Rate 7%

$1,886,486

Cap Rate 9%

$1,467,267

Alternative Uses

Best Use

Office B

$1.89M

$1.65M – $2.20M (±1% cap)

NOI $132,054 @ 7.0% cap · market cap 9.11%

Second Best

Flex RnD

$1.63M

$1.43M – $1.90M (±1% cap)

NOI $114,051 @ 7.0% cap · market cap 7.87%

Theoretical Best

Office A

$2.37M

$2.07M – $2.76M (±1% cap)

NOI $165,715 @ 7.0% cap · market cap 11.43%

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

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Team Eagle Inc. Big Box & Wholesale Store Eckerd Youth Alternative High School

Suggested Use

Top Pick Electrical Service Locksmith Garden Center Storage Facility Parking Lot & Garage (Bike/Boat/Book/etc) Store

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

Lease Details

12 ft

Clear height

1

Dock-high doors

1

Drive-in doors

Yes

Heavy power

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

150

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 03276, NH

8,766

Population

3,984

Households

2.2

Avg Household Size

44

Median Age

26%

College-Educated

91%

High-School Grad

39.3 sq mi

ZIP Area

223

Density / Sq Mi

$79,270

Median Household Income

$47,810

Median Earnings

$1,024

Median Rent

$245,500

Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019

15.4% 2020

17.6% 2021

19.1% 2022

20.2% 2023

20.9% 2024

19.9% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this flex space located? What is the asking price? Find similar properties What are key features of this property?

Similar For Sale Nearby

Three-Building Church Campus

16 Chestnut St, Tilton, NH 03276

$725,000

17,440 SF

View details

Mechanic Shop/Car Dealership For Sale

549 West Main Street, Tilton, NH 03226

$850,000

5,055 SF

View details

Quadplex with Detached 3-Bay Garage

4-6 Knapp Road, Tilton, NH 03276

$639,900

2,750 SF

View details

Standalone Office Building with Private Offices

391 W Main St, Tilton, NH 03276

$699,900

2,034 SF

View details

Frequently Asked Questions

What type of property is this?

Flex space - Single-story configuration combines light-industrial capacity with finished office accommodation.

Where is this flex space located?

The property is located at 141 Sanborn Road Tilton, NH.

What is the asking price?

The asking price for this property is $1,450,000.

What are key features of this property?

This property features: ±9,955 SF flex building on a private ±2.98 AC lot; ±5,900 SF of flex/warehouse space and ±4,050 SF of finished office space; 12' clear height with one 48" dock and one grade‑level 12' x 12' roll‑up door