Creative
For Sale
Contact for pricing
500 Laconia Road, Tilton, NH 03276
An open interior layout supports a range of service-oriented business uses.
Property Size2,000 SF
Price / SF$1.10
Days on Market99
Property Features for 500 Laconia Road
General Information
Standard status
Active
Size
2,000 SF
Property subtype
Commercial
Listing Agency:
Longview Commercial Real Estate
Listed By:
Andrew Paluch
(802) 772-5052
Source:
Longviewcre
Added: Jul 23
Changed: Oct 28
Last Checked: Oct 28 at 4:31PM
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 2,000-square-foot creative space features an open, adaptable interior. The layout can accommodate professional offices, a yoga studio, a salon, an educational center, or other service-based businesses.
Located at 500 Laconia Road in Tilton, New Hampshire, the property is described as being in a high-traffic area with convenient access.
Located at 500 Laconia Road in Tilton, New Hampshire, the property is described as being in a high-traffic area with convenient access.
Key Highlights
- 2,000 square feet of open commercial space
- Potential uses include offices, a yoga studio, salon, or educational center
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,530
Suggested Prices Based on Cap Rates
Cap Rate 5%
$530,600
$530.6K
Cap Rate 7%
$379,000
$379.0K
Cap Rate 9%
$294,778
$294.8K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$40.8K $20.40/SF
− Vacancy
−$5.4K −$2.71/SF
EGI
$35.4K $17.69/SF
− OpEx
−$8.8K −$4.42/SF
NOI
$26.5K $13.27/SF
Area
Belknap County, NH
Vacancy
13.30%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$530,600
Cap Rate 7%
$379,000
Cap Rate 9%
$294,778
Alternative Uses
Best Use
Office B
$379.0K
$331.6K – $442.2K
NOI $26,530 @ 7.0% cap · market cap 1,205.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$475.6K
$416.2K – $554.9K
NOI $33,293 @ 7.0% cap · market cap 1,513.32%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
99
Businesses Nearby
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Business Placement
Demographics for 03276, NH
8,766
Population
3,984
Households
2.2
Avg Household Size
44
Median Age
26%
College-Educated
91%
High-School Grad
39.3 sq mi
ZIP Area
223
Density / Sq Mi
$79,270
Median Household Income
$47,810
Median Earnings
$1,024
Median Rent
$245,500
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Creative space - An open interior layout supports a range of service-oriented business uses.
Where is this creative space located?
The property is located at 500 Laconia Road Tilton, NH.
What are key features of this property?
This property features: 2,000 square feet of open commercial space; Potential uses include offices, a yoga studio, salon, or educational center
