Building Details

Year Built 1984

Buildings 1

Stories 1

Units 2

Building Size 13,074 SF

Listing Agency: Bhhs Verani Moultonborough j***@verani.com Show Phone

Listed By: Judy Hernandez · License #077594 Show Phone

Source: Hammondwheeler

Added: Oct 26 Last Checked: Oct 30 at 3:56AM

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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 Bhhs Verani Moultonborough

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Investment Insights

Based on property information with market context.

This single-level warehouse property contains approximately 13,074 SF and is arranged as two independent units. One unit has an occupant, while the other can be leased or used by an owner. The building includes three drive-in bays, one with extra height and width, open work areas, offices, kitchen and break spaces, and bathrooms. Each unit has its own oil-fired forced-air heating system, and the property is served by 3-phase power, a private drilled well, and private septic and leach field. Zoning is NHB-Neigh/Business.

The site covers approximately 3 acres along Route 109A, with approximately 150 feet of road frontage. Routes 171, 16, and 25 provide additional regional access; retail and services at the Route 16/25 corridor are approximately 17 minutes away. Gravel and dirt parking and vehicle circulation extend around three sides of the building. Street and building signage are in place.

Key Highlights

• Approximately 13,074 SF in a single‑level, two‑unit warehouse building
• Approximately 3 acres with approximately 150 feet of frontage on Route 109A
• Three drive‑in bays, including one high/wide bay

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$128,981

Cap Rate

6.61%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$2,579,620 $2.6M

Cap Rate 7%

$1,842,586 $1.8M

Cap Rate 9%

$1,433,122 $1.4M

Is this asking price fair?

Market Conditions

NOI Build-Up for 13,074 SF

Gross rent

$163.2K $12.48/SF

− Vacancy

−$11.4K −$0.87/SF

EGI

$151.7K $11.61/SF

− OpEx

−$22.8K −$1.74/SF

NOI

$129.0K $9.87/SF

Area

Carroll County, NH

Vacancy

7.00%

Lease Rate

$12.48 /SF/Yr

Expense Ratio

15.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$2,579,620

Cap Rate 7%

$1,842,586

Cap Rate 9%

$1,433,122

Alternative Uses

Best Use

Warehouse

$1.84M

$1.61M – $2.15M (±1% cap)

NOI $128,981 @ 7.0% cap · market cap 6.61%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$3.26M

$2.86M – $3.81M (±1% cap)

NOI $228,517 @ 7.0% cap · market cap 11.72%

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

Lighthouse Marine Services (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Building Supply HVAC Service Plumbing Service Grocery & Convenience Store Catering Service Pharmacy

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

3

Drive-in doors

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

17

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 03816, NH

1,304

Population

855

Households

1.5

Avg Household Size

54

Median Age

39%

College-Educated

94%

High-School Grad

26.5 sq mi

ZIP Area

49

Density / Sq Mi

$85,750

Median Household Income

$47,500

Median Earnings

$401,000

Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019

4.6% 2020

3.2% 2021

3.3% 2022

5.3% 2023

6.6% 2024

7.6% 2025

Frequently Asked Questions

What type of property is this?

Warehouse - NHB-Neigh/Business zoning and separate utility systems complement the building’s two-unit layout.

Where is this warehouse located?

The property is located at 147 Middle Road Tuftonboro, NH.

What is the asking price?

The asking price for this property is $1,950,000.

What are key features of this property?

This property features: Approximately 13,074 SF in a single‑level, two‑unit warehouse building; Approximately 3 acres with approximately 150 feet of frontage on Route 109A; Three drive‑in bays, including one high/wide bay