Raymond Commercial Property For
For Sale
Contact for pricing
Pending
75 NH-27, Raymond, NH
Commercial property with garage and storage in Raymond, New Hampshire.
Property Size2,400 SF
Lot Size2.16 Acres
Days on Market368
Property Features for 75 NH-27
General Information
Standard status
Pending
Size
2,400 SF
Lot size
2.16 Acres
Property subtype
RETAIL
Listing Agency:
NAI Norwood Group
(603) 496-4516
Listed By:
Judy Niles-Simmons · License #053237
(603) 496-4516
Source:
Moodyscre
Added: Aug 8, 2025
Changed: Aug 8
Last Checked: Aug 10 at 9:02AM
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 NAI Norwood Group
Investment Insights
Based on property information with market context.
The subject property, located at 75 Route 27, Raymond, New Hampshire, comprises approximately 3.25 acres. Improvements include a circa 1972, 2,400+/- square foot garage with a 3,000 gallon underground holding tank for floor drains, and a detached 702+/- square foot open storage area. There is approximately 30,000 square feet of asphalt parking area. The property is in the Commercial Zone, which allows for a fairly broad table of uses. The site appears fairly level with limited site work for a new development. The property is serviced by private septic and municipal water. It is identified as Tax Map 28/002/0 12 and Legal Description known as Book 887, Page 222 and Book 890, Page 149, recorded the Rockingham County Registry of Deeds.
Key Highlights
- 3.25 acre property in a Commercial Zone allowing for a broad range of uses.
- Existing 2,400 sq ft garage with a 3,000 gallon underground holding tank.
- Approximately 30,000 sq ft of asphalt parking area.
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
$33,929
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
6.80%
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%
$678,580
$678.6K
Cap Rate 7%
$484,700
$484.7K
Cap Rate 9%
$376,989
$377.0K
Market Conditions
NOI Build-Up for 2,400 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
$51.8K $21.60/SF
− Vacancy
−$3.4K −$1.40/SF
EGI
$48.5K $20.20/SF
− OpEx
−$14.5K −$6.06/SF
NOI
$33.9K $14.14/SF
Area
Rockingham County, NH
Vacancy
6.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
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%
$678,580
Cap Rate 7%
$484,700
Cap Rate 9%
$376,989
Alternative Uses
Best Use
Retail
$484.7K
$424.1K – $565.5K
NOI $33,929 @ 7.0% cap · market cap 6.80%
Second Best
Industrial
$212.0K
$185.5K – $247.4K
NOI $14,843 @ 7.0% cap · market cap 2.97%
Theoretical Best
Office A
$799.0K
$699.2K – $932.2K
NOI $55,932 @ 7.0% cap · market cap 11.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
19
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Auto shop - Commercial property with garage and storage in Raymond, New Hampshire.
Where is this auto shop located?
The property is located at 75 NH-27 Raymond, NH.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 3.25 acre property in a Commercial Zone allowing for a broad range of uses.; Existing 2,400 sq ft garage with a 3,000 gallon underground holding tank.; Approximately 30,000 sq ft of asphalt parking area.
