Commercial Auto
For Sale
$750,000
1444 US Route 302, Bartlett, NH 03812
Commercial Sale, Bartlett, NH
Property Size5,000 SF
Lot Size2.00 Acres
Price / SF$150
Days on Market110
Property Features for 1444 US Route 302
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Village Commercial
Directions
Use GPS
Standard status
Active
Lot size
2.00 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
4970
Utilities
Utilities
Cable Available
Water source
Well
Building Details
Roof type
Flat
Listing Agency:
Whitehill Estates & Homes
(603) 253-2357
Listed By:
Julie Steiner
(603) 733-6696
Added: May 7
Changed: Aug 19
Last Checked: Aug 24 at 4:06PM
MLS# 5087689
Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial auto facility contains approximately 5,000 square feet within a 2-acre property. The building has a flat roof and is supported by well water, with cable service available. Its Village Commercial zoning provides the stated land-use designation for the site.
The property is located at 1444 US Route 302 in Bartlett, New Hampshire, within Carroll County. The site combines an established commercial building with a larger parcel, offering a straightforward setting for automotive operations or other uses consistent with the applicable zoning.
The property is located at 1444 US Route 302 in Bartlett, New Hampshire, within Carroll County. The site combines an established commercial building with a larger parcel, offering a straightforward setting for automotive operations or other uses consistent with the applicable zoning.
Key Highlights
- Approximately 5,000‑square‑foot commercial auto facility
- 2‑acre property in Bartlett, NH
- Village Commercial zoning
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
$50,505
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
6.73%
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%
$1,010,100
$1.0M
Cap Rate 7%
$721,500
$721.5K
Cap Rate 9%
$561,167
$561.2K
Market Conditions
NOI Build-Up for 5,000 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
$78.0K $15.60/SF
− Vacancy
−$5.9K −$1.17/SF
EGI
$72.2K $14.43/SF
− OpEx
−$21.6K −$4.33/SF
NOI
$50.5K $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%
$1,010,100
Cap Rate 7%
$721,500
Cap Rate 9%
$561,167
Alternative Uses
Best Use
Retail
$721.5K
$631.3K – $841.8K
NOI $50,505 @ 7.0% cap · market cap 6.73%
Second Best
Industrial
$583.4K
$510.5K – $680.7K
NOI $40,841 @ 7.0% cap · market cap 5.45%
Theoretical Best
Office A
$1.25M
$1.09M – $1.46M
NOI $87,394 @ 7.0% cap · market cap 11.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
40
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 03812, NH
936
Population
1,563
Households
0.6
Avg Household Size
53
Median Age
48%
College-Educated
100%
High-School Grad
58.6 sq mi
ZIP Area
16
Density / Sq Mi
$37,750
Median Earnings
$345,800
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Auto shop - Commercial auto facility with Village Commercial zoning, well water, and cable availability.
Where is this auto shop located?
The property is located at 1444 US Route 302 Bartlett, NH.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Approximately 5,000‑square‑foot commercial auto facility; 2‑acre property in Bartlett, NH; Village Commercial zoning
