Garage Condominium Warehouse
For Sale
$219,000
1853 Ragged Mountain Highway, Alexandria, NH 03222
Commercial Sale, Alexandria, NH
Property Size1,188 SF
Price / SF$184.34
Days on Market50
Property Features for 1853 Ragged Mountain Highway
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Garage
Subdivision
Newfound Toy Vault
Lot features
Condo Development
Directions
From Downtown Bristol: At traffic light take Pleasant Street aka NH-104 West. Go 4.5 miles, take a LEFT #1853 across from Carroll Concrete. Drive up shared drive, continue to the Left. Building at the end. Unit #3 is third unit from far left of building.
Standard status
Active
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2577
Building Details
Year built
2024
Building materials
Wood Frame, Metal Siding
Roof type
Metal
Listing Agency:
Old Mill Properties REALTORS
Listed By:
Lorna Platts Sirois · License #067572
(603) 744-8526
Added: Sep 11
Changed: Oct 8
Last Checked: Oct 30 at 1:06AM
MLS# 5109488
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.
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Investment Insights
Based on property information with market context.
This 2024 garage condominium provides a secure warehouse-style storage unit measuring 22' x 54'. The space includes a 14' overhead door, 16' ceiling height, 6" insulated exterior walls, sheetrocked and primed interior walls, an automatic garage door opener, and 100 amp electrical service. A 12' x 21' mezzanine creates additional storage area, while the height may accommodate a vehicle lift or RV storage.
The unit is designed to hold up to 6 cars and includes garage parking. Planned property features include a gated entrance and video surveillance. Optional upgrades include epoxy flooring and a mini-split system for heating and air conditioning. The property is located at 1853 Ragged Mountain Highway in Alexandria, New Hampshire.
The unit is designed to hold up to 6 cars and includes garage parking. Planned property features include a gated entrance and video surveillance. Optional upgrades include epoxy flooring and a mini-split system for heating and air conditioning. The property is located at 1853 Ragged Mountain Highway in Alexandria, New Hampshire.
Key Highlights
- 22' x 54' garage condominium warehouse unit
- 14' overhead door and 16' ceiling height
- 12' x 21' mezzanine for additional storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,127
Cap Rate
5.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$262,540
$262.5K
Cap Rate 7%
$187,529
$187.5K
Cap Rate 9%
$145,856
$145.9K
Market Conditions
NOI Build-Up for 1,188 SF
Gross rent
$16.4K $13.80/SF
− Vacancy
−$951 −$0.80/SF
EGI
$15.4K $13.00/SF
− OpEx
−$2.3K −$1.95/SF
NOI
$13.1K $11.05/SF
Area
Grafton County, NH
Vacancy
5.80%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$262,540
Cap Rate 7%
$187,529
Cap Rate 9%
$145,856
Alternative Uses
Best Use
Warehouse
$187.5K
$164.1K – $218.8K
NOI $13,127 @ 7.0% cap · market cap 5.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$261.3K
$228.7K – $304.9K
NOI $18,293 @ 7.0% cap · market cap 8.35%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
16 ft
Clear height
Location Intelligence
Trade Area within ½ mile
8
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 03222, NH
5,743
Population
4,071
Households
1.4
Avg Household Size
50
Median Age
28%
College-Educated
90%
High-School Grad
71.3 sq mi
ZIP Area
81
Density / Sq Mi
$78,535
Median Household Income
$43,453
Median Earnings
$1,246
Median Rent
$256,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Northeast region
Similar Off Market Nearby
- Alexandria Mini Storage LLC — 1548 Ragged Mountain Hwy, Alexandria, NH 03222
Frequently Asked Questions
What type of property is this?
Warehouse - Multi-level garage condominium with dedicated electrical service and flexible storage capacity.
Where is this warehouse located?
The property is located at 1853 Ragged Mountain Highway Alexandria, NH.
What is the asking price?
The asking price for this property is $219,000.
What are key features of this property?
This property features: 22' x 54' garage condominium warehouse unit; 14' overhead door and 16' ceiling height; 12' x 21' mezzanine for additional storage
