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    Small Heated Warehouse For Rent Title is generated by Realmo AI

    516 Mammoth Road, Londonderry, NH 03053

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    COMMERCIAL - Londonderry, NH

    Lot size:
    3.65 Acres
    Added:
    Jun 1, 2025
    Days on Market:
    369
    Last Refresh:
    Jun 4 at 4:06 pm

    Property Features for 516 Mammoth Road

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Zoning
    C 2
    Standard status
    Active
    Lot size
    3.65 Acres

    Utilities

    Heating system
    Forced Air, Propane (Heating)
    Water source
    Public

    Building Details

    Year built
    1900
    Building materials
    Wood Frame, Board and Batten Exterior
    Roof type
    Shingle

    We can help!

    Listing Contact
    Steve Trefethen

    Listing agent Steve Trefethen

    Listing office Summerview Real Estate, LLC 44 W Broadway, derry, NH

    Listing date Jun 1, 2025

    MLS# 5044049

    Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Open small warehouse for rent in Londonderry, NH, just off Exit 5 on I‑93
    • Approx. 10 ft. ceilings
    • New propane heating system; forced‑air propane (heating)
    • Public water
    • Shingle roof
    • Wood frame with board‑and‑batten exterior; year built 1900

    Overview

    This open small warehouse is available for rent in Londonderry. The space is designed for clean, heated storage and light work, with approximately 10-foot ceilings. It is served by a new propane heat system, creating a straightforward, functional setup for trades and small businesses that need usable indoor space.

    The property is located just off Exit 5 on I-93, providing convenient highway access. The listing also notes visibility, which can be helpful for tenants looking to serve customers or support walk-in business activity from their operational location. Zoning is identified as C 2.

    For tenants seeking a compact industrial-style footprint, this offering may fit contractors, trades, and small business operations that need heated space for storage, light work, or everyday operational needs. The open layout supports flexible use, and the nearby interstate access can simplify commuting and logistics. Owner/Broker interest is noted in the remarks, and interested parties should confirm details and terms directly with the listing contact.
    Property Profile Location Intelligence

    Current Use by Public Records

    snh golf carts ... Golf Cart Dealer Chem-Dry of Manchester Upholstery Cleaning Service Burke Auto Repair Auto Repair Shop Carbo Dry Carpet ... Carpet Cleaning Service Royale Express Auto ... Auto Repair Shop

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Londonderry Freezer Warehouse — 219 Rockingham Rd, Londonderry, NH 03053
    • Life Storage — 6 Smith Ln, Londonderry, NH 03053
    • Fortin Modular Storage Co — 574 Mammoth Rd, Londonderry, NH 03053

    Location Insight

    • Map
    • Local Demand
    City
    Londonderry
    County
    Rockingham
    State
    New Hampshire
    Longitude
    -71.4030615
    Latitude
    42.9183691

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    FAQs

    What type of property is this?
    Warehouse - Open, heated warehouse space with approximately 10-foot ceilings and a new propane heat system near I-93 access.
    Where is this warehouse located?
    The property is located at 516 Mammoth Road Londonderry, NH.
    What are key features of this property?
    This property features: Open small warehouse for rent in Londonderry, NH, just off Exit 5 on I‑93; Approx. 10 ft. ceilings; New propane heating system; forced‑air propane (heating)
    (603) 432-5453
    We can help!
    Listing Contact
    Steve Trefethen
    Request Owner's contact information
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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