Mixed-Use Property with Auto
42 Brown Hill Rd, Hampstead, NH 03826
For Sale
New
$850,000
An established repair operation shares the property with a ranch home and outdoor amenities.
Property Size4,855 SF
Lot Size1.15 Acres
Price / SF$175.08
Days on Market1
Property Features for 42 Brown Hill Rd
General Information
Standard status
Size
Lot size
Automotive
Service Bays
Automotive Uses
Additional Details
Business Included
Real Estate Included
Amenities
wood burning brick fireplace
eat-in kitchen
bar
woodstove
full bathroom
laundry room
three-season room with hot tub
covered porches
deck
patio with firepit
aboveground pool
perennials and raised bed gardens
central air conditioning
Building Details
Year Built
Construction
Listing Agency:
Classic Homes Realty, LLC
Listed By:
Doug Canney
(603) 944-1297
Source:
Carolslocum
Added: Nov 10
Last Checked: Sep 21 at 7:22AM
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 Classic Homes Realty, LLC
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Investment Insights
Based on property information with market context.
This 1.15-acre property combines a ranch residence with an automotive repair facility and an established business serving cars, trucks, and motorcycles. The shop has two bays, two 10,000-pound lifts, a compressor, equipment excluding hand tools, and a separate business phone line. The home includes three bedrooms and 2.5 bathrooms, with more than 1,900 square feet on the main floor and over 1,000 square feet of finished lower-level space. Residential features include an eat-in kitchen, central air conditioning, a three-season room, porches, a deck, patio, and an 18-by-36-foot aboveground pool.
The owner can access the office and repair area directly from the home, while customers use a separate entrance. Zoning is A-RES; a town variance granted in November 1983 allows an automotive repair facility to operate in the residentially zoned area. The business has operated for 20 years, and the seller will provide transition assistance.
The owner can access the office and repair area directly from the home, while customers use a separate entrance. Zoning is A-RES; a town variance granted in November 1983 allows an automotive repair facility to operate in the residentially zoned area. The business has operated for 20 years, and the seller will provide transition assistance.
Key Highlights
- 1.15‑acre property with a residence and automotive repair operation
- Automotive business has operated for 20 years and serves cars, trucks, and motorcycles
- Repair facility includes 2 bays and 2 10,000lb lifts
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,988
Cap Rate
6.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,179,760
$1.2M
Cap Rate 7%
$842,686
$842.7K
Cap Rate 9%
$655,422
$655.4K
Market Conditions
NOI Build-Up for 4,855 SF
Gross rent
$104.9K $21.60/SF
− Vacancy
−$10.5K −$2.16/SF
EGI
$94.4K $19.44/SF
− OpEx
−$35.4K −$7.29/SF
NOI
$59.0K $12.15/SF
Area
Carroll County, NH
Vacancy
10.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,179,760
Cap Rate 7%
$842,686
Cap Rate 9%
$655,422
Alternative Uses
Best Use
Mixed Use
$842.7K
$737.4K – $983.1K
NOI $58,988 @ 7.0% cap · market cap 6.94%
Second Best
Retail
$700.6K
$613.0K – $817.3K
NOI $49,040 @ 7.0% cap · market cap 5.77%
Theoretical Best
Office A
$1.21M
$1.06M – $1.41M
NOI $84,859 @ 7.0% cap · market cap 9.98%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Service bays
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
99
Businesses Nearby
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Business Placement
Demographics for 03826, NH
2,693
Population
1,179
Households
2.3
Avg Household Size
48
Median Age
48%
College-Educated
98%
High-School Grad
3.4 sq mi
ZIP Area
792
Density / Sq Mi
$110,759
Median Household Income
$57,850
Median Earnings
$980
Median Rent
$485,900
Median Home Value
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - An established repair operation shares the property with a ranch home and outdoor amenities.
Where is this mixed-use property located?
The property is located at 42 Brown Hill Rd Hampstead, NH.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 1.15‑acre property with a residence and automotive repair operation; Automotive business has operated for 20 years and serves cars, trucks, and motorcycles; Repair facility includes 2 bays and 2 10,000lb lifts
