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    Corner Retail/Office Suite Title is generated by Realmo AI

    171 Daniel Webster Highway, Belmont, NH 03220

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    COMMERCIAL - Belmont, NH

    Added:
    Oct 22, 2025
    Days on Market:
    227
    Last Refresh:
    Jun 5 at 7:06 pm

    Property Features for 171 Daniel Webster Highway

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Zoning
    CO
    Standard status
    Active
    Size
    2 SF

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    2006
    Building materials
    Wood Frame
    Roof type
    Shingle

    We can help!

    Listing Contact
    Steve Weeks
    Steve Weeks

    Listing agent Steve Weeks

    Listing office RE/MAX Innovative Bayside 604 Main St., Londonderry, NH

    Listing date Oct 22, 2025

    MLS# 5066866

    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.

    HighLights

    • Corner unit at the entry to the property
    • Laid out for a hair salon; can be modified for another small retail or office service business
    • High ceilings
    • Central air conditioning and forced‑air heating
    • Wood frame construction with shingle roof
    • Built in 2006 with public water service

    Overview

    This corner unit sits at the entry to the property and features high ceilings designed to create an open, usable interior. The space is currently laid out for a hair salon, with an arrangement that can be modified to support another small retail or office service business. The building is presented as a quality commercial property, offering a straightforward option for operators looking for a finished storefront-style suite.

    Located on Daniel Webster Highway in Belmont, New Hampshire, the suite benefits from an excellent parking setup and a high-traffic setting as described in the listing remarks. The property’s placement and entry positioning support convenient customer access, particularly for walk-in and appointment-based service uses.

    For a tenant, this unit’s combination of corner visibility at the property entry, high ceilings, and parking makes it well suited to a small service concept that needs a retail-ready layout. If your business model fits within a salon or similar office service format, the existing configuration can serve as a starting point, with modifications available to better align the suite to your operational needs. The space is zoned CO.
    Property Profile Location Intelligence

    Current Use by Public Records

    El Jimador Restaurant Gunstock Acres Trust Association / Organization AECOM Environmental Consultant OneMain Financial Loan Service Dr. Kristen M. ... Dental Office

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Belmont
    County
    Belknap
    State
    New Hampshire
    Longitude
    -71.496864
    Latitude
    43.510714

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    FAQs

    What type of property is this?
    Retail space - Corner entry suite with high ceilings and on-site parking, currently suited for a salon or similar service business.
    Where is this retail space located?
    The property is located at 171 Daniel Webster Highway Belmont, NH.
    What are key features of this property?
    This property features: Corner unit at the entry to the property; Laid out for a hair salon; can be modified for another small retail or office service business; High ceilings
    (603) 434-4101
    We can help!
    Listing Contact
    Steve Weeks
    Steve Weeks
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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