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    Industrial Flex Building with Dock Access Title is generated by Realmo AI

    95 Runnells Bridge Rd, Hollis, NH 03049

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    New
    For Sale
    $2,350,000

    Fully conditioned industrial/flex space with heavy power and dock-high and drive-in loading for manufacturing and distribution use.

    Type:Commercial
    Property size:
    24,568 SF
    Price / SF:
    $95/SF
    Added:
    Jun 3, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 6 at 3:53 am

    Property Features for 95 Runnells Bridge Rd

    General Information

    Standard status
    Active
    Size
    24,568 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1986

    We can help!

    Listing Contact
    Leitha Reilly
    Leitha Reilly

    Listing agent Leitha Reilly License #085144,NH

    Listing office KW Commercial, NH

    Listing date Jun 3, 2026

    Source Elliman

    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 KW Commercial, NH

    HighLights

    • Fully conditioned 24,568 SF industrial/flex building built in 1986
    • Heavy power infrastructure with 1200A and 800A 3‑phase electrical services
    • Loading includes 1 drive‑in door and 2 dock‑high doors for shipping and receiving
    • Flexible layout supports manufacturing, warehouse/distribution, assembly, and contractor operations
    • Direct access to NH Route 111 with convenient proximity to the Massachusetts border and Nashua
    • Expansion potential for additional 12,166 SF

    Overview

    This industrial/flex building offers 24,568 SF of fully conditioned space designed to support manufacturing, warehouse, distribution, assembly, and trade operations. The interior layout is intended to handle both operational and work areas, and it can be adapted for multiple tenants or multiple departments through the property’s flexible configuration.

    A key operational feature is the building’s robust electrical infrastructure, including 1200A and 800A three-phase service intended to support production equipment and ongoing operational demands. Loading is configured for efficient shipping and receiving, with two dock-high doors and one drive-in door to support a range of carrier and delivery needs.

    The property is located in southern New Hampshire with direct access to NH Route 111 and convenient proximity to the Massachusetts border and the Nashua area. It is well suited for an owner user seeking scalable, functional space, as well as businesses that need warehouse and conditioned workspace in one facility. The building’s stated expansion potential for an additional 12,166 SF may also appeal to operators planning for phased growth.
    Location Intelligence

    Current Use by Public Records

    Puritan Capital Marketing & Advertising Major Mail (a division ... Postal Service Ditto Editions Printing Service

    Suggested Use

    Restaurant Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Gym & Fitness Center Storage Facility Electrical Service Electronics & Wireless Store Grocery & Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Hollis
    County
    Hillsborough
    State
    New Hampshire
    Longitude
    -71.5529063
    Latitude
    42.710873

    FAQs

    What type of property is this?
    Flex space - Fully conditioned industrial/flex space with heavy power and dock-high and drive-in loading for manufacturing and distribution use.
    Where is this flex space located?
    The property is located at 95 Runnells Bridge Rd Hollis, NH.
    What is the asking price?
    The asking price for this property is $2,350,000.
    What are key features of this property?
    This property features: Fully conditioned 24,568 SF industrial/flex building built in 1986; Heavy power infrastructure with 1200A and 800A 3‑phase electrical services; Loading includes 1 drive‑in door and 2 dock‑high doors for shipping and receiving
    (603) 836-2700
    We can help!
    Listing Contact
    Leitha Reilly
    Leitha Reilly
    Real Estate License ID: 085144,NH
    Learn More
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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    95 Runnells Bridge Rd, Hollis, NH 03049
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