Enfield Warehouse with Drive-Through
For Sale
$1,450,000
479 US Route 4, Enfield, NH 03748
Warehouse with drive-in/drive-out access, offices, and ample parking.
Property Size7,488 SF
Lot Size2.59 Acres
Days on Market250
Property Features for 479 US Route 4
General Information
Standard status
Active
Size
7,488 SF
Lot size
2.59 Acres
Property subtype
Commercial
Building Details
Building Size
7,488 SF
Year Built
1984
Units
1
Listing Agency:
(603) 632-5757
Listed By:
Leafie Casey Cantlin
(603) 632-5757
Source:
Elliman
Added: Dec 3, 2025
Changed: Aug 8
Last Checked: Aug 8 at 1:21PM
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 Leafie Casey Cantlin
Investment Insights
Based on property information with market context.
Located on U.S. Route 4, this property features a super-insulated building measuring 50' x 100'. The warehouse includes drive-in and drive-out access through 14' doors, complemented by a 15' ceiling height. The second level houses four offices, while the first level offers a receiving area and an additional office. There are also two half baths. The property benefits from driveways on both U.S. Route 4 and Lovejoy Brook Road, providing easy access. Ample parking is available. The property is connected to municipal water and sewer services. Its location is within 5 miles of I-89. The building is intended for warehouse or industrial use.
Key Highlights
- Prime U.S. Rte. 4 location with easy in and out access from two driveways.
- Super insulated building with 50' x 100' dimensions.
- Drive‑in, drive‑out capability with 14' doors.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$82,740
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.71%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,654,800
$1.7M
Cap Rate 7%
$1,182,000
$1.2M
Cap Rate 9%
$919,333
$919.3K
Market Conditions
NOI Build-Up for 7,488 SF
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.
Gross rent
$103.3K $13.80/SF
− Vacancy
−$6.0K −$0.80/SF
EGI
$97.3K $13.00/SF
− OpEx
−$14.6K −$1.95/SF
NOI
$82.7K $11.05/SF
Area
Grafton County, NH
Vacancy
5.80%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,654,800
Cap Rate 7%
$1,182,000
Cap Rate 9%
$919,333
Alternative Uses
Best Use
Warehouse
$1.18M
$1.03M – $1.38M
NOI $82,740 @ 7.0% cap · market cap 5.71%
Second Best
Industrial
$973.4K
$851.7K – $1.14M
NOI $68,139 @ 7.0% cap · market cap 4.70%
Theoretical Best
Office A
$1.65M
$1.44M – $1.92M
NOI $115,300 @ 7.0% cap · market cap 7.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
96
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 03748, NH
4,626
Population
2,581
Households
1.8
Avg Household Size
48
Median Age
46%
College-Educated
97%
High-School Grad
46.8 sq mi
ZIP Area
99
Density / Sq Mi
$96,335
Median Household Income
$55,308
Median Earnings
$1,403
Median Rent
$338,500
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Extra Space Storage — 36 Lovejoy Brook Rd, Enfield, NH 03748
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse with drive-in/drive-out access, offices, and ample parking.
Where is this warehouse located?
The property is located at 479 US Route 4 Enfield, NH.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Prime U.S. Rte. 4 location with easy in and out access from two driveways.; Super insulated building with 50' x 100' dimensions.; Drive‑in, drive‑out capability with 14' doors.
