Versatile Commercial Property on Rose
For Sale
Contact for pricing
Pending
7 Rose Ave, Plaistow, NH 03865
0.72-acre C-1 zoned property with 2,659 sq ft building.
Property Size2,707 SF
Lot Size0.72 Acres
Days on Market157
Property Features for 7 Rose Ave
General Information
Standard status
Pending
Size
2,707 SF
Lot size
0.72 Acres
Property subtype
Land, Mixed Use, Office, Retail
Zoning
C-1
Building Details
Year Built
1965
Buildings
1
Stories
2
Units
1
Listing Agency:
Team Zingales Realty
(978) 687-8484
Listed By:
Joe Zingales · License #MA 9058568
Source:
Crexi
Added: Mar 7
Changed: Aug 8
Last Checked: Aug 8 at 6:36AM
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 Team Zingales Realty
Investment Insights
Based on property information with market context.
This 0.72-acre commercial property is located on Rose Avenue, adjacent to Route 125. The C-1 zoned lot offers a flexible 200' x 150' area with accessibility and visibility. The 2,659 sq ft steel frame building includes an open workspace, a private office, and a mezzanine level. The property also features an expansive paved lot suitable for equipment storage, fleet parking, or customer operations. The infrastructure includes three 14-foot tall bay doors. The building's open floor plan and heavy-duty steel construction make it suitable for an auto repair shop, mechanic garage, HVAC company, plumbing or electrical contractor, or landscaping operation. The lot size allows for expansion, additional bay doors, or layout reconfiguration. It is located minutes from the Massachusetts border, Haverhill, Lawrence, and the 1-495 corridor. The property was most recently used as a landscaping company home-base and is move-in ready with ample paved parking. The C-1 zoning permits a range of commercial uses and redevelopment potential.
Key Highlights
- Prime location on Rose Avenue adjacent to Route 125 in a high‑demand business corridor.
- Flexible 0.72‑acre C‑1 zoned lot with excellent accessibility and visibility.
- Move‑in ready 2,659 sq ft steel frame building with open workspace, private office, and mezzanine.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$46,470
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.85%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$929,400
$929.4K
Cap Rate 7%
$663,857
$663.9K
Cap Rate 9%
$516,333
$516.3K
Market Conditions
NOI Build-Up for 2,707 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$71.5K $26.40/SF
− Vacancy
−$9.5K −$3.51/SF
EGI
$62.0K $22.89/SF
− OpEx
−$15.5K −$5.72/SF
NOI
$46.5K $17.17/SF
Area
Rockingham County, NH
Vacancy
13.30%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$929,400
Cap Rate 7%
$663,857
Cap Rate 9%
$516,333
Alternative Uses
Best Use
Office B
$663.9K
$580.9K – $774.5K
NOI $46,470 @ 7.0% cap · market cap 8.85%
Second Best
Retail
$546.7K
$478.4K – $637.8K
NOI $38,269 @ 7.0% cap · market cap 7.29%
Theoretical Best
Office A
$901.2K
$788.6K – $1.05M
NOI $63,087 @ 7.0% cap · market cap 12.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
267
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 03865, NH
7,830
Population
3,180
Households
2.5
Avg Household Size
44
Median Age
36%
College-Educated
97%
High-School Grad
10.6 sq mi
ZIP Area
739
Density / Sq Mi
$109,040
Median Household Income
$58,452
Median Earnings
$1,595
Median Rent
$382,100
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Diesel Truck Repair Center — 87 Plaistow Rd, Plaistow, NH 03865
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- Subaru Service — plaistow, nh 03865
- Blinn's Truck & SUV Sales LLC — 38 Westville Rd, Plaistow, NH 03865
Frequently Asked Questions
What type of property is this?
Auto shop - 0.72-acre C-1 zoned property with 2,659 sq ft building.
Where is this auto shop located?
The property is located at 7 Rose Ave Plaistow, NH.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Prime location on Rose Avenue adjacent to Route 125 in a high‑demand business corridor.; Flexible 0.72‑acre C‑1 zoned lot with excellent accessibility and visibility.; Move‑in ready 2,659 sq ft steel frame building with open workspace, private office, and mezzanine.
