Building Details

Building Size 5,000 SF

Year Built 2013

Listing Agency: Coldwell Banker Realty Bedford NH

Listed By: Alexander Berube · License #NH #078922 Show Phone

Source: Sperrycga

Added: Jul 25 Changed: Oct 8 Last Checked: Oct 12 at 6:40PM

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Investment Insights

Based on property information with market context.

Well-maintained commercial property totaling 5,000 square feet, combining 2,000 square feet of built-out office and showroom space with a kitchenette and 3,000 square feet of garage/warehouse space. The warehouse portion is served by three 12-foot drive-in doors, supporting efficient loading and storage needs.

The property is located on high-visibility Route 16 in the Lakes Region, with dedicated parking and a small yard area. Additional features include a backup generator and professional landscaping.

Designed for flexible day-to-day operations, the combination of office/showroom space and multi-door garage area provides a practical setup for businesses that want both customer-facing space and functional warehouse access.

Key Highlights

• 5,000 SF commercial property on high‑visibility Route 16 in New Hampshire
• Includes 2,000 SF built‑out office and showroom space with kitchenette
• 3,000 SF garage space with three 12‑foot drive‑in doors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$49,327

Cap Rate

5.49%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$986,540 $986.5K

Cap Rate 7%

$704,671 $704.7K

Cap Rate 9%

$548,078 $548.1K

Market Conditions

NOI Build-Up for 5,000 SF

Gross rent

$62.4K $12.48/SF

− Vacancy

−$4.4K −$0.87/SF

EGI

$58.0K $11.61/SF

− OpEx

−$8.7K −$1.74/SF

NOI

$49.3K $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%

$986,540

Cap Rate 7%

$704,671

Cap Rate 9%

$548,078

Alternative Uses

Best Use

Warehouse

$704.7K

$616.6K – $822.1K (±1% cap)

NOI $49,327 @ 7.0% cap · market cap 5.49%

Second Best

Industrial

$583.4K

$510.5K – $680.7K (±1% cap)

NOI $40,841 @ 7.0% cap · market cap 4.54%

Theoretical Best

Office A

$1.25M

$1.09M – $1.46M (±1% cap)

NOI $87,394 @ 7.0% cap · market cap 9.72%

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

Property Analytics

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Current Use

Broadband Access Services ... Telecommunications Service

Suggested Use

Top Pick HVAC Service Auto Parts Store Big Box & Wholesale Store Auto Repair Shop Plumbing Service Storage Facility

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

31

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 03872, NH

3,981

Population

2,435

Households

1.6

Avg Household Size

51

Median Age

33%

College-Educated

97%

High-School Grad

52.0 sq mi

ZIP Area

77

Density / Sq Mi

$91,563

Median Household Income

$65,668

Median Earnings

$950

Median Rent

$319,900

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

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?

Frequently Asked Questions

What type of property is this?

Flex space - 5,000 SF property includes built-out office/showroom space, 3 drive-in doors, and dedicated parking on high-visibility Route 16.

Where is this flex space located?

The property is located at 1667 White Mountain Highway Sanbornville, NH.

What is the asking price?

The asking price for this property is $899,000.

What are key features of this property?

This property features: 5,000 SF commercial property on high‑visibility Route 16 in New Hampshire; Includes 2,000 SF built‑out office and showroom space with kitchenette; 3,000 SF garage space with three 12‑foot drive‑in doors