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    80 Laurel St Keene, NH 03431

    Sponsored
    For Sale
    Contact for pricing

    21+ Acres, 300K+ SF, Vacant

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional redevelopment opportunity presents a substantial 21.58-acre site in Keene, New Hampshire, featuring a vacant 303,888-square-foot mixed-use building. The property, located at 80 Laurel St, is zoned for opportunity zone investment and offers significant potential for repurposing. The existing structure, built in 1955, comprises two buildings and boasts a Class B rating. The layout includes a mix of office and industrial space, with ceiling heights ranging from 9 to 16 feet clear, and features over 100,000 square feet of high-bay assembly space. The property includes 17 overhead doors, varying in size from 8x8 feet to 14x20 feet, and ample parking for 400+ vehicles. The building is divisible, with spaces ranging from 1,000 to over 50,000 square feet, catering to a variety of redevelopment scenarios. Located in Keene's central business district, this property benefits from excellent access to major roadways and is situated within a thriving area encouraging multifamily, retail, office, and mixed-use developments. The sale is structured for a 1031 exchange, and the lease type is NNN. The seller is open to creative solutions and considering offers for portions of the property or subdivision. This is a prime opportunity to capitalize on the growing Keene market.

    Property Features for 80 Laurel St

    General Information

    Property type
    Mixed-use properties
    Class
    B
    Lot Size
    940,025 SF

    Building Details

    Year Built
    1955
    Buildings
    2

    HighLights

    • Mixed‑use redevelopment opportunity in Keene, NH.
    • 303,888 square feet on 21.58 acres.
    • Two buildings, vacant, Class B, NNN lease type.
    • Built in 1955, located in an Opportunity Zone.
    • Suitable for 1031 exchange.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Building Supply Nail Salon Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Keene
    County
    Cheshire
    State
    New Hampshire
    Longitude
    -72.2700494
    Latitude
    42.9265978

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    FAQs

    What type of property is this?
    Mixed-use property - 21+ Acres, 300K+ SF, Vacant
    Where is this mixed-use property located?
    The property is located at 80 Laurel St Keene, NH.
    What are key features of this property?
    This property features: Mixed-use redevelopment opportunity in Keene, NH.; 303,888 square feet on 21.58 acres.; Two buildings, vacant, Class B, NNN lease type.
    Request Owner's contact information
    80 Laurel St Keene, NH 03431
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    Keene, NH 03431
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    Realmo Value Estimation

    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.

    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.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    80 Laurel St Keene, NH 03431
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