Mixed-Use Ranch with
For Sale
$535,000
654 Daniel Webster Highway, Merrimack, NH 03054
Ranch layout with adaptable living and work areas, garden infrastructure, and a powered workshop trailer.
Property Size1,536 SF
Price / SF$348.31
Days on Market54
Property Features for 654 Daniel Webster Highway
General Information
Standard status
Active
Size
1,536 SF
Property subtype
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
woodstove
walk-in closet
mudroom/pantry
unfinished basement
mature grapevines
tiered backyard
vegetable terraces
Gothic-style high tunnel
rainwater collection system
fishpond
fountain
outdoor fireplace
workshop
Building Details
Year Built
1956
Construction
ranch
Listing Agency:
Keller Williams Realty/Merrimack Valley
Listed By:
Alison Ludwig · License #9508265
(978) 869-9321
Source:
Bigislandre
Added: Sep 3
Changed: Oct 25
Last Checked: Oct 24 at 9:48PM
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 Keller Williams Realty/Merrimack Valley
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Investment Insights
Based on property information with market context.
This 1,536-square-foot ranch, built in 1956, offers three bedrooms and flexible space suited to mixed-use living, a home office, business activity, guest accommodations, or a potential ADU. Interior features include an eat-in kitchen with appliances, a family room with a woodstove, a front-to-back primary bedroom with walk-in closet, a substantial mudroom and pantry, and an unfinished basement with interior access and exterior stairs.
The property occupies a mixed-use zone along Daniel Webster Highway in Merrimack. Outdoor improvements include tiered garden areas, mature grapevines, perennial and medicinal plantings, specimen trees, vegetable terraces, a Gothic-style high tunnel, fishpond, fountain, and rainwater collection system. A custom outdoor fireplace and seating area add gathering space, while the 47-foot powered trailer provides workshop or storage capacity with LED lighting and propane heat.
The property occupies a mixed-use zone along Daniel Webster Highway in Merrimack. Outdoor improvements include tiered garden areas, mature grapevines, perennial and medicinal plantings, specimen trees, vegetable terraces, a Gothic-style high tunnel, fishpond, fountain, and rainwater collection system. A custom outdoor fireplace and seating area add gathering space, while the 47-foot powered trailer provides workshop or storage capacity with LED lighting and propane heat.
Key Highlights
- 1,536 SF three‑bedroom ranch built in 1956
- Flexible layout supports living, home office, business, guest, or potential ADU use
- Mixed‑use zone location along Daniel Webster Highway
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,967
Cap Rate
5.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$539,340
$539.3K
Cap Rate 7%
$385,243
$385.2K
Cap Rate 9%
$299,633
$299.6K
Market Conditions
NOI Build-Up for 1,536 SF
Gross rent
$41.5K $27.00/SF
− Vacancy
−$5.5K −$3.59/SF
EGI
$36.0K $23.41/SF
− OpEx
−$9.0K −$5.85/SF
NOI
$27.0K $17.56/SF
Area
Hillsborough County, NH
Vacancy
13.30%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$539,340
Cap Rate 7%
$385,243
Cap Rate 9%
$299,633
Alternative Uses
Best Use
Office B
$385.2K
$337.1K – $449.5K
NOI $26,967 @ 7.0% cap · market cap 5.04%
Second Best
Mixed Use
$269.6K
$235.9K – $314.5K
NOI $18,870 @ 7.0% cap · market cap 3.53%
Theoretical Best
Specialty Retail
$2.81M
$2.46M – $3.28M
NOI $196,992 @ 7.0% cap · market cap 36.82%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
155
Businesses Nearby
Explore this area
Business Placement
Demographics for 03054, NH
26,622
Population
10,581
Households
2.5
Avg Household Size
43
Median Age
49%
College-Educated
96%
High-School Grad
32.6 sq mi
ZIP Area
817
Density / Sq Mi
$128,897
Median Household Income
$65,604
Median Earnings
$1,819
Median Rent
$406,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Ranch layout with adaptable living and work areas, garden infrastructure, and a powered workshop trailer.
Where is this mixed-use property located?
The property is located at 654 Daniel Webster Highway Merrimack, NH.
What is the asking price?
The asking price for this property is $535,000.
What are key features of this property?
This property features: 1,536 SF three‑bedroom ranch built in 1956; Flexible layout supports living, home office, business, guest, or potential ADU use; Mixed‑use zone location along Daniel Webster Highway
