Flex Space with Overhead
For Sale
Contact for pricing
516 Mammoth # B2/U3, Londonderry, NH 03053
C2 zoning, dedicated parking, and proximity to I-93 support a practical commercial workspace in Londonderry.
Property Size650 SF
Price / SF$1.50
Days on Market48
Property Features for 516 Mammoth # B2/U3
General Information
Standard status
Active
Size
650 SF
Property subtype
Commercial
Zoning
C2
Lease Type
Gross
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$33,000
Building Details
Year Built
1900
Listing Agency:
Summerview Real Estate, LLC
Listed By:
Stephen Trefethen
(603) 432-5453
Source:
Churchillprop
Added: Sep 1
Changed: Oct 6
Last Checked: Oct 16 at 6:25AM
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 Summerview Real Estate, LLC
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Investment Insights
Based on property information with market context.
This 650-square-foot flex space is configured as a contractor garage with an 8-foot overhead door and dedicated on-site parking. The property carries C2 zoning, providing a commercial framework for a range of uses. Built in 1900, the unit is identified as B2/U3 at 516 Mammoth in Londonderry, New Hampshire.
Access is a key feature, with the space located just off Exit 5 on I-93. Its highway position places major routes within convenient reach while keeping the property in the Londonderry commercial market.
Access is a key feature, with the space located just off Exit 5 on I-93. Its highway position places major routes within convenient reach while keeping the property in the Londonderry commercial market.
Key Highlights
- 650‑square‑foot contractor garage
- 8‑foot overhead door
- C2 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$4,020
Suggested Prices Based on Cap Rates
Cap Rate 5%
$80,400
$80.4K
Cap Rate 7%
$57,429
$57.4K
Cap Rate 9%
$44,667
$44.7K
Market Conditions
NOI Build-Up for 650 SF
Gross rent
$6.2K $9.48/SF
− Vacancy
−$419 −$0.64/SF
EGI
$5.7K $8.84/SF
− OpEx
−$1.7K −$2.65/SF
NOI
$4.0K $6.18/SF
Area
Rockingham County, NH
Vacancy
6.80%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$80,400
Cap Rate 7%
$57,429
Cap Rate 9%
$44,667
Alternative Uses
Best Use
Flex RnD
$106.4K
$93.1K – $124.2K
NOI $7,450 @ 7.0% cap · market cap 764.10%
Second Best
Industrial
$57.4K
$50.3K – $67.0K
NOI $4,020 @ 7.0% cap · market cap 412.31%
Theoretical Best
Office A
$216.4K
$189.4K – $252.5K
NOI $15,148 @ 7.0% cap · market cap 1,553.64%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
121
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 03053, NH
25,646
Population
9,751
Households
2.6
Avg Household Size
42
Median Age
49%
College-Educated
97%
High-School Grad
41.7 sq mi
ZIP Area
615
Density / Sq Mi
$132,241
Median Household Income
$60,812
Median Earnings
$1,837
Median Rent
$464,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Flex space - C2 zoning, dedicated parking, and proximity to I-93 support a practical commercial workspace in Londonderry.
Where is this flex space located?
The property is located at 516 Mammoth # B2/U3 Londonderry, NH.
What are key features of this property?
This property features: 650‑square‑foot contractor garage; 8‑foot overhead door; C2 zoning
