Automotive Showroom and
203 Rockingham Rd Derry, NH 03038
203 Rockingham Rd, Derry, NH, 03038
Contact for pricing
For Sale
Contact for pricing
Automotive property on a paved 3-acre lot with 50+ parking spaces, occupied by a car dealership and mechanic operations.
Property Size4,344 SF
Price / SF$390.19
Days on Market47
Property Features for 203 Rockingham Rd
General Information
- Standard status
- Active
- Size
- 4,344 SF
- Property subtype
- RETAIL
Listing agency
REMAX Innovative
(603) 234-6840
Listed by
Andrew White
(603) 234-6840
Source
Moodyscre
Added: Jun 5 Updated: Jul 21 at 12:40AM Checked: Jul 21 at 6:34AM
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 REMAX Innovative
Investment Insights
Based on property information with market context.
This for-sale automotive property is currently occupied by a car dealership with a mechanic shop and an overhead door company. The site includes a paved lot with 50+ parking spaces and is positioned on a 3-acre parcel.
The property is located on Rockingham Road in Derry’s GC-IV district, with convenient access to I-93. It is presented as an income-producing asset in its current configuration, with flexibility for additional development and expansion opportunities as described in the remarks.
The asset is well suited for related automotive and service uses given the existing dealership, mechanic, and overhead door operations and the availability of substantial on-site parking.
The property is located on Rockingham Road in Derry’s GC-IV district, with convenient access to I-93. It is presented as an income-producing asset in its current configuration, with flexibility for additional development and expansion opportunities as described in the remarks.
The asset is well suited for related automotive and service uses given the existing dealership, mechanic, and overhead door operations and the availability of substantial on-site parking.
Key Highlights
- Automotive property on a 3‑acre lot with 50+ paved parking spaces
- Currently occupied by a car dealership with mechanic shop operations
- Includes an overhead door company on‑site
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $93.8k | $21.60 |
| − Vacancy | −$6.1k | −$1.40 |
| EGI | $87.7k | $20.20 |
| − OpEx | −$26.3k | −$6.06 |
| NOI | $61.4k | $14.14 |
4,344 SF · lease $21.60/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$877.3K
$767.7K – $1.02M
NOI $61,412 @ 7.0% cap · market cap 3.62%
Second Best
Industrial
$383.8K
$335.8K – $447.8K
NOI $26,867 @ 7.0% cap · market cap 1.59%
Theoretical Best
Office A
$1.45M
$1.27M – $1.69M
NOI $101,237 @ 7.0% cap · market cap 5.97%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Auto Authority Of NH
Car Dealership
Similar For Sale Nearby
Similar Off Market Nearby
- Peak Performance & Diagnostics — 4 Windham Depot Rd Unit B1, Derry, NH 03038
- J&J Auto and Truck Repair Llc — 2 Windham Depot Rd, Derry, NH 03038
- 603 Auto & Motorsports (Auto Body) — 191 Rockingham Rd, Derry, NH 03038
- Automotive Custom and Collision LLC — 241 Rockingham Rd #28, Derry, NH 03038
- Rockingham Truck Repair LLc — 253 Rockingham Rd, Derry, NH 03038
FAQs
What type of property is this?
Auto shop - Automotive property on a paved 3-acre lot with 50+ parking spaces, occupied by a car dealership and mechanic operations.
Where is this auto shop located?
The property is located at 203 Rockingham Rd Derry, NH.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: Automotive property on a 3‑acre lot with 50+ paved parking spaces; Currently occupied by a car dealership with mechanic shop operations; Includes an overhead door company on‑site
