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    Retail End Unit with Rear Loading Title is generated by Realmo AI

    629 Calef Highway, Epping, NH 03042

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    COMMERCIAL - Epping, NH

    Property size:
    945 SF
    Lot size:
    3.57 Acres
    Added:
    Jun 1, 2026
    Days on Market:
    5
    Last Refresh:
    Jun 5 at 5:06 am

    Property Features for 629 Calef Highway

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Zoning
    RC
    Standard status
    Active
    Lot size
    3.57 Acres

    Utilities

    Utilities
    Propane
    Cooling system
    Central Air
    Water source
    Private

    Building Details

    Year built
    2005

    We can help!

    Listing Contact
    Patrick Frazer
    Patrick Frazer

    Listing agent Patrick Frazer License #073449

    Listing office KW Coastal and Lakes & Mountains Realty 750 Lafayette Rd., Portsmouth, NH

    Listing date Jun 1, 2026

    MLS# 5092075

    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

    • Retail end unit for lease at 629 Calef Hwy with direct visibility to traffic on NH Route 125 and Route 155
    • 945 +/- SF with 15' ceilings, central air, and an ADA bathroom
    • Ground‑level rear loading for convenient access
    • Located at the corner of NH Route 125 and Route 155 with a blinking light at the intersection
    • RC zoning

    Overview

    This retail end unit for lease offers approximately 945+/- SF with 15' ceilings and A/C. The space includes an ADA bathroom and ground-level rear loading, which can support efficient deliveries and daily operations. As an end unit, it also provides added natural light.

    The property is located at 629 Calef Highway in Epping, NH, positioned at the corner of NH Route 125 and Route 155. The intersection includes a blinking light, and the building offers signage plus two marquee signs providing direct visibility to traffic on both routes.

    The RC zoning supports retail, personal services, and specialty use, making this a practical fit for operators seeking a storefront setting with direct road visibility. The end unit configuration and natural-lighting benefit can help create a strong customer-facing environment, while rear loading adds operational convenience for tenants that need straightforward access for deliveries.
    Property Profile Location Intelligence

    Current Use by Public Records

    Crossroads Chiropractic 125 Alternative Medicine Practice US Agricultural Department Agricultural Service Natural Resource Conservation ... Government EnviroVantage Construction Company Benson’s Driving School Training Center

    Suggested Use

    Spa & Massage Center Hotel & Motel Department Store Kitchen & Bath Showroom Storage Facility Grocery & Convenience Store Wine and Liquor Store Arcade & Gaming Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Epping
    County
    Rockingham
    State
    New Hampshire
    Longitude
    -71.0343017
    Latitude
    43.080874

    Nearby Similar for Lease

    • Contact for pricing
      29,577 SF

      Retail Space in Brickyard Square

      Retail space with high visibility and foot traffic.
      24 Calef Hwy, Epping, NH 03042
      View Details
    • Contact for pricing
      1,459 SF

      Retail Space in Brickyard Square

      Retail space with high visibility and foot traffic.
      Calef Hwy 24, Epping, NH
      View Details

    FAQs

    What type of property is this?
    Retail space - End unit retail space features 15' ceilings, A/C, ADA restroom, and ground-level rear loading for flexible tenant operations.
    Where is this retail space located?
    The property is located at 629 Calef Highway Epping, NH.
    What are key features of this property?
    This property features: Retail end unit for lease at 629 Calef Hwy with direct visibility to traffic on NH Route 125 and Route 155; 945 +/- SF with 15' ceilings, central air, and an ADA bathroom; Ground‑level rear loading for convenient access
    (603) 610-8500
    We can help!
    Listing Contact
    Patrick Frazer
    Patrick Frazer
    Real Estate License ID: 073449
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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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