Mixed-Use Property with
For Sale
$2,175,000
93a Plaistow Road, Plaistow, NH 03865
Residential units and leased retail/office space provide a combination of uses within one property.
Property Size12,119 SF
Price / SF$179.47
Days on Market119
Property Features for 93a Plaistow Road
General Information
Standard status
Active
Size
12,119 SF
Property subtype
Commercial
Zoning
C-1
Occupancy
100%
Site & Location
Highway Access
Yes
Road Access
Yes
Mixed-Use Components
residential, retail, office
Units
Unit Mix
6 x 1BR, 1 x 2BR
Multifamily Units
7
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$16,314
Amenities
on-site parking
Yes
Interior
Other
11
Private
Building Details
Year Built
1987
Tenancy
Multi
Listing Agency:
NAI Norwood Group
Listed By:
Deana Arden · License #069047
(603) 682-3440
Source:
Alexassociatesrealtygroup
Added: Jul 6
Changed: Oct 30
Last Checked: Oct 30 at 2:59PM
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
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Investment Insights
Based on property information with market context.
Built in 1987, this C-1-zoned mixed-use property includes seven apartments: six one-bedroom units and one two-bedroom unit. The building also contains four retail or office suites, all leased, along with an owner's garage and storage area that may offer additional rental income if leased.
The property is on Route 125 in Plaistow, New Hampshire, near the Massachusetts border, with on-site parking and access to both states.
The property is on Route 125 in Plaistow, New Hampshire, near the Massachusetts border, with on-site parking and access to both states.
Key Highlights
- Seven apartments: six one‑bedroom units and one two‑bedroom unit
- Four leased retail or office suites
- Owner's garage and storage area may be leased for additional income
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$183,902
Cap Rate
8.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,678,040
$3.7M
Cap Rate 7%
$2,627,171
$2.6M
Cap Rate 9%
$2,043,356
$2.0M
Market Conditions
NOI Build-Up for 12,119 SF
Gross rent
$349.0K $28.80/SF
− Vacancy
−$14.7K −$1.21/SF
EGI
$334.4K $27.59/SF
− OpEx
−$150.5K −$12.42/SF
NOI
$183.9K $15.17/SF
Area
Rockingham County, NH
Vacancy
4.20%
Lease Rate
$28.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,678,040
Cap Rate 7%
$2,627,171
Cap Rate 9%
$2,043,356
Alternative Uses
Best Use
Apartment 5plus
$2.63M
$2.30M – $3.07M
NOI $183,902 @ 7.0% cap · market cap 8.46%
Second Best
Retail
$2.45M
$2.14M – $2.86M
NOI $171,329 @ 7.0% cap · market cap 7.88%
Theoretical Best
Office A
$4.03M
$3.53M – $4.71M
NOI $282,433 @ 7.0% cap · market cap 12.99%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
7
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
286
Businesses Nearby
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Residential units and leased retail/office space provide a combination of uses within one property.
Where is this mixed-use property located?
The property is located at 93a Plaistow Road Plaistow, NH.
What is the asking price?
The asking price for this property is $2,175,000.
What are key features of this property?
This property features: Seven apartments: six one‑bedroom units and one two‑bedroom unit; Four leased retail or office suites; Owner's garage and storage area may be leased for additional income
