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    Londonderry Medical Park Office Condo Title is generated by Realmo AI

    184 Mammoth Rd Unit 1, Londonderry, NH 03053

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    Claim this Listing
    For Lease
    $11 SF/Yr $1,031/Mo (calc)

    Office/commercial condo with private rooms, plumbing, and flexible space.

    Type:Commercial
    Property size:
    1,125 SF
    Added:
    Apr 16, 2026
    Days on Market:
    48
    Last Refresh:
    Apr 16 at 12:01 am

    Property Features for 184 Mammoth Rd Unit 1

    General Information

    Standard status
    Active
    Size
    1,125 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1986

    We can help!

    Listing Contact
    Scott Reiff
    Scott Reiff

    Listing agent Scott Reiff License #052994

    Listing office Berkshire Hathaway HomeServices Verani Realty

    Listing date Apr 16, 2026

    Source Elliman

    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 Berkshire Hathaway HomeServices Verani Realty

    HighLights

    • Flexible space suitable for medical, office, or other uses.
    • Located in close proximity to medical facilities (Elliot at Londonderry, Parkland Rehab, etc.).
    • Multiple private rooms/offices, many with plumbing.
    • Available for sale or lease, separately or with adjacent units.
    • Private restroom and entrance directly off parking lot.
    • Excellent signage and huge parking lot.

    Overview

    This 1,125 +/- SF office/commercial condominium, identified as Unit 1 (2A), is situated as an end unit within the Londonderry Medical Park I. The unit features multiple private rooms and offices, many equipped with plumbing. It includes four private exam rooms or offices and two private offices, along with a private restroom and a dedicated entrance directly accessible from the parking lot. This layout provides flexibility for various uses. The unit is available for lease or sale, either separately or in conjunction with two adjacent units (Unit 2: 1,055 SF & Unit 3: 2,120 SF). The property is configured with private offices (many with plumbing), open areas, offices, work spaces, a kitchenette, and three restrooms. It is located near several medical facilities, including Elliot at Londonderry and Parkland Rehab. While in close proximity to many other medical establishments, the unit could be for medical/office or other uses. The property features a large parking lot and prominent signage and is located near the corner of Route 128 and 102, off Exit 4 of I-93.
    Location Intelligence

    Current Use by Public Records

    Londonderry Medical Park ... Medical Clinic Lisa Mitchell Physician Sen Roofing LLC Roofing Company Best Handyman New ... Hardware & Home Improvement Baker Counseling Services Family Counselor

    Suggested Use

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

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

    Similar Places Nearby

    • Crossroads Animal Hospital — 123 Nashua Rd #1, Londonderry, NH 03053
    • Marissa Grove, DVM, CVMA — 123 Nashua Rd, Londonderry, NH 03053
    • Hertel Robin C DVM — 123 Nashua Rd # 1, Londonderry, NH 03053
    • Germain Cynthia DVM — 123 Nashua Rd # 1, Londonderry, NH 03053, United States

    Location Insight

    • Map
    • Local Demand
    City
    Londonderry
    County
    Rockingham
    State
    New Hampshire
    Longitude
    -71.3620386
    Latitude
    42.8481256

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    FAQs

    What type of property is this?
    Medical Office Space - Office/commercial condo with private rooms, plumbing, and flexible space.
    Where is this medical office space located?
    The property is located at 184 Mammoth Rd Unit 1 Londonderry, NH.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: Flexible space suitable for medical, office, or other uses.; Located in close proximity to medical facilities (Elliot at Londonderry, Parkland Rehab, etc.).; Multiple private rooms/offices, many with plumbing.
    (603) 845-9972
    We can help!
    Listing Contact
    Scott Reiff
    Scott Reiff
    Real Estate License ID: 052994
    Learn More
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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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