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    Convenient Office Suite in Plaistow Title is generated by Realmo AI

    23 Atkinson Depot Road, Plaistow, NH 03865

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    Commercial For Lease - Plaistow, NH

    Property size:
    121 SF
    Added:
    Apr 30, 2026
    Days on Market:
    13
    Last Refresh:
    May 12 at 5:06 am

    Property Features for 23 Atkinson Depot Road

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Zoning
    C-1
    EntryLevel
    1
    Standard status
    Active
    Size
    121 SF

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1970
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Catherine Zerba
    Catherine Zerba

    Listing agent Catherine Zerba

    Listing office Keller Williams Gateway Realty/Salem 130 Main St., Nashua, NH

    Listing date Apr 30, 2026

    MLS# 5086344 Listing URL

    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

    • Convenient location on Route 121/Main Street, near the New Hampshire border and only 1.8 miles from Route 495, providing excellent accessibility.
    • Affordable rental terms and a modified gross lease offer financial flexibility.
    • 121 sq. ft. of sunny workspace featuring laminate flooring, freshly painted walls, and daylight windows.
    • Ample on‑site parking for tenants and clients.
    • Suitable for a variety of uses, including a dedicated workspace or satellite office.
    • Available for occupancy June 1, 2026.

    Overview

    This office suite offers convenience and flexibility, situated along Route 121/Main Street on the Atkinson/Plaistow line, just 1.8 miles from Route 495, providing easy accessibility while maintaining a professional setting. Suite 203 offers 121 sq. ft. of workspace with laminate flooring, freshly painted walls, and daylight windows that bring in natural light. Previously used as professional office space, it is suited for a variety of uses. Tenants will appreciate ample on-site parking, affordable rental terms, and the ease of a modified gross lease. It is an option for those seeking a dedicated workspace, satellite office, or a New Hampshire business address in a convenient and accessible location. Available for occupancy June 1, 2026.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lewis Kristin Law Firm Lice Treatment Medical Clinic Boyd Lake Counseling ... Counselor Maplewood North Parish ... Cemetery Counseling Associates of Plaistow Counselor

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Plaistow
    County
    Rockingham
    State
    New Hampshire
    Longitude
    -71.1144715
    Latitude
    42.8193233

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    FAQs

    What type of property is this?
    Office units - Ideally located office suite with easy accessibility and ample parking.
    Where is this office units located?
    The property is located at 23 Atkinson Depot Road Plaistow, NH.
    What are key features of this property?
    This property features: Convenient location on Route 121/Main Street, near the New Hampshire border and only 1.8 miles from Route 495, providing excellent accessibility.; Affordable rental terms and a modified gross lease offer financial flexibility.; **121 sq. ft. of sunny workspace featuring laminate flooring, freshly painted walls, and daylight windows.**
    (603) 489-3198
    We can help!
    Listing Contact
    Catherine Zerba
    Catherine Zerba
    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.

    More about this property
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    23 Atkinson Depot Road, Plaistow, NH 03865
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