Renovated Flex
For Sale
Contact for pricing
232 Calef Highway, Barrington, NH 03825
A warehouse and flex unit offers substantial ceiling clearance and access from Route 125.
Property Size12,000 SF
Price / SF$0.15
Days on Market67
Property Features for 232 Calef Highway
General Information
Standard status
Active
Size
12,000 SF
Property subtype
Commercial
Additional Details
Road Access
Yes
Clear Height
19 ft
Property Use
Warehouse/Flex
Building Details
Year Built
2004
Listing Agency:
Longview Commercial Real Estate
Listed By:
Andrew Paluch
(802) 772-5052
Source:
Longviewcre
Added: Aug 25
Changed: Oct 28
Last Checked: Oct 28 at 2:41PM
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 Longview Commercial Real Estate
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Investment Insights
Based on property information with market context.
This 1,000± SF warehouse/flex unit is within a 2004-built building. Ceiling heights range from 16’ to 19’, and the exterior and parking lot have recently been renovated.
The property is along Route 125, providing access to the route. The unit is scheduled to become available October 1, 2026.
The property is along Route 125, providing access to the route. The unit is scheduled to become available October 1, 2026.
Key Highlights
- 1,000± SF warehouse/flex unit
- Ceiling heights of 16’–19’
- Recent renovations to the building exterior and parking lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$129,004
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,580,080
$2.6M
Cap Rate 7%
$1,842,914
$1.8M
Cap Rate 9%
$1,433,378
$1.4M
Market Conditions
NOI Build-Up for 12,000 SF
Gross rent
$194.4K $16.20/SF
− Vacancy
−$10.1K −$0.84/SF
EGI
$184.3K $15.36/SF
− OpEx
−$55.3K −$4.61/SF
NOI
$129.0K $10.75/SF
Area
Strafford County, NH
Vacancy
5.20%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,580,080
Cap Rate 7%
$1,842,914
Cap Rate 9%
$1,433,378
Alternative Uses
Best Use
Flex RnD
$2.33M
$2.04M – $2.72M
NOI $163,257 @ 7.0% cap · market cap 9,197.58%
Second Best
Warehouse
$2.08M
$1.82M – $2.43M
NOI $145,656 @ 7.0% cap · market cap 8,205.97%
Theoretical Best
Office A
$3.21M
$2.81M – $3.75M
NOI $224,726 @ 7.0% cap · market cap 12,660.62%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
19 ft
Clear height
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
54
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 03825, NH
9,326
Population
3,550
Households
2.6
Avg Household Size
42
Median Age
44%
College-Educated
97%
High-School Grad
46.9 sq mi
ZIP Area
199
Density / Sq Mi
$99,706
Median Household Income
$51,584
Median Earnings
$1,737
Median Rent
$349,500
Median Home Value
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Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Flex space - A warehouse and flex unit offers substantial ceiling clearance and access from Route 125.
Where is this flex space located?
The property is located at 232 Calef Highway Barrington, NH.
What are key features of this property?
This property features: 1,000± SF warehouse/flex unit; Ceiling heights of 16’–19’; Recent renovations to the building exterior and parking lot
