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Flex Space with Cold Storage
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50 Crosby Road, Dover, NH 03820

Temperature-controlled storage and a removable cooler support a flexible light-industrial layout.

Property Size3,000 SF
Price / SF$0.83
Days on Market34

Property Features for 50 Crosby Road

General Information

Standard status Active
Size 3,000 SF
Property subtype Commercial

Amenities

14-foot overhead door
refrigerated cooler/cold-storage area
prominent signage

Building Details

Year Built 2015
Construction metal
Listing Agency: Longview Commercial Real Estate
Listed By: Andrew Paluch
Source: Longviewcre
Added: Sep 26 Changed: Oct 28 Last Checked: Oct 28 at 3:33PM

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

Rey
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Investment Insights

Based on property information with market context.

Built in 2015, this 3,000-square-foot flex property includes an approximately 1,500-square-foot refrigerated cooler area. The cooler may remain in place or be removed, allowing the space to function with or without dedicated cold storage. A 14-foot overhead door serves the unit, and the building has red metal siding and a metal roof.

The property is at 50 Crosby Road in Dover, New Hampshire. On-site parking and roadside signage are among its site features.

Key Highlights

  • 3,000 square feet of flex space
  • Approximately 1,500‑square‑foot refrigerated cooler area, which may remain or be removed
  • 14‑foot overhead door

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$32,251
Suggested Prices Based on Cap Rates
Cap Rate 5%
$645,020 $645.0K
Cap Rate 7%
$460,729 $460.7K
Cap Rate 9%
$358,344 $358.3K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$48.6K $16.20/SF
− Vacancy
−$2.5K −$0.84/SF
EGI
$46.1K $15.36/SF
− OpEx
−$13.8K −$4.61/SF
NOI
$32.3K $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%
$645,020
Cap Rate 7%
$460,729
Cap Rate 9%
$358,344

Alternative Uses

Best Use
Flex RnD
$583.1K
$510.2K – $680.2K (±1% cap)
NOI $40,814 @ 7.0% cap · market cap 1,632.56%
Second Best
Warehouse
$520.2K
$455.2K – $606.9K (±1% cap)
NOI $36,414 @ 7.0% cap · market cap 1,456.56%
Theoretical Best
Office A
$802.6K
$702.3K – $936.4K (±1% cap)
NOI $56,182 @ 7.0% cap · market cap 2,247.28%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

EverProven CrossFit Gym & Fitness Center

Suggested Use

Top Pick Auto Parts Store Furniture & Home Goods Law Firm HVAC Service Bakery (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

145
Businesses Nearby
Balanced
Demand for This Use

Demographics for 03820, NH

32,800
Population
15,460
Households
2.1
Avg Household Size
38
Median Age
49%
College-Educated
96%
High-School Grad
27.3 sq mi
ZIP Area
1,201
Density / Sq Mi
$92,793
Median Household Income
$53,890
Median Earnings
$1,540
Median Rent
$397,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Temperature-controlled storage and a removable cooler support a flexible light-industrial layout.
Where is this flex space located?
The property is located at 50 Crosby Road Dover, NH.
What are key features of this property?
This property features: 3,000 square feet of flex space; Approximately 1,500‑square‑foot refrigerated cooler area, which may remain or be removed; 14‑foot overhead door
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