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    Stabilized Storage Facility Investment Opportunity Title is generated by Realmo AI

    295 Sawmill Rd, Greenfield, NH 03047

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    Cash-flowing storage facility with significant rental rate upside.

    Type:Self Storage
    Property size:
    19,000 SF
    Price / SF:
    $121/SF
    Added:
    Jan 28, 2026
    Days on Market:
    159
    Last Refresh:
    Mar 17 at 1:14 pm

    Property Features for 295 Sawmill Rd

    General Information

    Standard status
    Active
    Size
    19,000 SF
    Property subtype
    Self Storage

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    Scott Reid

    Listing office ParaSell Inc

    Listing date Jan 28, 2026

    Source Crexi

    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 ParaSell Inc

    HighLights

    • Significant rental rate increase potential (over 40% below nearest competitor).
    • High economic occupancy of 121%.
    • Stabilized, cash‑flowing investment opportunity.
    • Located in a growing area with strong household incomes, driving storage demand.
    • Well‑maintained facility with paved drive aisles.
    • Secure facility with full perimeter fencing and controlled gate code entry.

    Overview

    Executive Bay Storage is a stabilized, cash-flowing investment opportunity located in Greenfield, New Hampshire. The property features 19,000 net rentable square feet, comprising 157 units. Situated 30 miles west of Manchester, New Hampshire, it benefits from the surrounding sub-cities of Milford, Peterborough, Keene and Wilford. The property maintains high occupancy levels, with physical occupancy in the 90s and an economic occupancy of 121%. A key feature of this property is its rental rate potential. Current achieved rental rates are the lowest among competitors, with asking rates falling even further behind, over 40% below the nearest competitor. The storage facility is well-maintained and includes paved drive aisles, full perimeter fencing, and a controlled gate code entry system.

    Local Financial Insights For Self Storage

    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 $273.6k $14.40
    − Vacancy −$21.9k −$1.15
    EGI $251.7k $13.25
    − OpEx −$75.5k −$3.97
    NOI $176.2k $9.27
    19,000 SF · lease $14.40/SF/yr · vacancy 8.00% · expense 30.00%

    Alternative Uses

    Best Use
    Self Storage
    $2.52M
    $2.20M – $2.94M (±1% cap)
    NOI $176,198 @ 7.0% cap · market cap 7.66%
    Second Best
    Industrial
    $2.33M
    $2.04M – $2.71M (±1% cap)
    NOI $162,888 @ 7.0% cap · market cap 7.08%
    Theoretical Best
    Specialty Retail
    $34.81M
    $30.46M – $40.61M (±1% cap)
    NOI $2,436,750 @ 7.0% cap · market cap 105.95%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Executive Bay Storage ... Storage Facility

    Suggested Use

    Storage Facility Kitchen & Bath Showroom Parking Lot & Garage Plumbing Service Dental Office Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Greenfield
    County
    Hillsborough
    State
    New Hampshire
    Longitude
    -71.8875027
    Latitude
    42.9651514

    FAQs

    What type of property is this?
    Self storage facility - Cash-flowing storage facility with significant rental rate upside.
    Where is this self storage facility located?
    The property is located at 295 Sawmill Rd Greenfield, NH.
    What is the asking price?
    The asking price for this property is $2,300,000.
    What are key features of this property?
    This property features: Significant rental rate increase potential (over 40% below nearest competitor).; High economic occupancy of 121%.; Stabilized, cash‑flowing investment opportunity.
    More about this property
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