Search
Industrial Buildings on 4 Acres
For Sale
Contact for pricing

212 Pembroke Rd, Concord, NH 03301

Two industrial buildings with high visibility and gated parking.

Property Size12,300 SF
Lot Size3.98 Acres
Price / SF$142.28
Days on Market1348

Property Features for 212 Pembroke Rd

General Information

Standard status Active
Size 12,300 SF
Class B
Lot size 3.98 Acres
Property subtype Industrial

Building Details

Year Built 1957
Year Renovated 1998
Buildings 2
Listing Agency: ZJBV Properties LLC
Listed By: Brian Thibeault · License #NH
Source: Crexi
Added: Jan 27, 2023 Changed: Sep 13 Last Checked: Oct 5 at 6:27PM

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 ZJBV Properties LLC

Investment Insights

Based on property information with market context.

Two industrial buildings situated on 3.98 acres are available for sale. The property features a large gated parking lot and three curb cuts. The total square footage of the two buildings is 12,330. Building A is an auto repair building with approximately 3,600 square feet. It includes five garage doors, two drive-through bays, one drive-in bay, multiple offices, and the capacity for four car lifts. Additional features of Building A include exhaust fans, pull-down utilities, two bathrooms, a finished front office/receiving office, and private parking. Building B is a freezer warehouse with 8,730 square feet. It has a ceiling height of 20 feet and two loading docks. The warehouse includes refrigerated storage, pallet racking, two separate freezer spaces, and finished offices. The property benefits from high traffic and frontage on three major roadways. Building A is currently leased to Red auto repair garage, and two tenants are inside the gated parking lot. Building B is currently available.

Key Highlights

  • Two industrial buildings totaling 12,330 SF on 3.98 acres.
  • Large gated parking lot and three curb cuts.
  • Building A (3,600 SF): Leased auto repair garage with 5 garage doors, 2 drive‑through bays, and multiple offices.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$143,357
Cap Rate
8.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,867,140 $2.9M
Cap Rate 7%
$2,047,957 $2.0M
Cap Rate 9%
$1,592,856 $1.6M
Market Conditions
NOI Build-Up for 12,300 SF
Gross rent
$221.4K $18.00/SF
− Vacancy
−$16.6K −$1.35/SF
EGI
$204.8K $16.65/SF
− OpEx
−$61.4K −$5.00/SF
NOI
$143.4K $11.66/SF
Area
Merrimack County, NH
Vacancy
7.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,867,140
Cap Rate 7%
$2,047,957
Cap Rate 9%
$1,592,856

Alternative Uses

Best Use
Retail
$2.05M
$1.79M – $2.39M (±1% cap)
NOI $143,357 @ 7.0% cap · market cap 8.19%
Second Best
Warehouse
$1.62M
$1.42M – $1.89M (±1% cap)
NOI $113,299 @ 7.0% cap · market cap 6.47%
Theoretical Best
Office A
$3.20M
$2.80M – $3.74M (±1% cap)
NOI $224,187 @ 7.0% cap · market cap 12.81%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Auto shops

Suggested Use

Top Pick Real Estate Agency Restaurant Auto Parts Store Storage Facility (Bike/Boat/Book/etc) Store Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

348
Businesses Nearby
Well-served
Demand for This Use

Demographics for 03301, NH

33,352
Population
14,486
Households
2.3
Avg Household Size
43
Median Age
42%
College-Educated
92%
High-School Grad
49.2 sq mi
ZIP Area
678
Density / Sq Mi
$85,943
Median Household Income
$49,749
Median Earnings
$1,355
Median Rent
$344,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Mclaughlin Transportation Systems — 254 Sheep Davis Rd, Concord, NH 03301
  • The Storage Station — 220 Loudon Rd, Concord, NH 03301

Frequently Asked Questions

What type of property is this?
Warehouse - Two industrial buildings with high visibility and gated parking.
Where is this warehouse located?
The property is located at 212 Pembroke Rd Concord, NH.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Two industrial buildings totaling 12,330 SF on 3.98 acres.; Large gated parking lot and three curb cuts.; Building A (3,600 SF): Leased auto repair garage with **5 garage doors, 2 drive‑through bays, and multiple offices**.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again