Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    188 New Hampshire 101 Bedford, NH 03110
    Back to Search
    Property profile & analytics

    188 New Hampshire 101 Bedford, NH 03110

    View on Map
    • Office properties & Spaces
    • 14,000 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office properties & Spaces

    Property Details for 188 New Hampshire 101

    Year built
    1980
    Property size
    14,000 SF
    Property type
    Office properties & Spaces
    Property subtype
    Medical Office Space

    Description

    This exceptional investment opportunity presents a fully leased, 14,000 square foot Class B medical office condominium situated in the thriving town of Bedford, New Hampshire. The property, located at 188 New Hampshire 101, boasts a prime location with convenient access to major highway systems, shopping centers, and banking institutions. Built in 1980 and extensively renovated in 2007, this two-story building is zoned for commercial use and currently enjoys 100% occupancy. A significant advantage is the presence of a credit tenant with a long-term lease, providing substantial lease stability and predictable income for the foreseeable future; approximately 7.5 years remain on this lease. This makes it an attractive investment for those seeking a stable, high-performing asset in a desirable location. The property's strong tenant base and strategic location within Hillsborough County, combined with its modern amenities and convenient access to key infrastructure, position it for continued success and strong returns. Further details are available upon request. Interested parties should submit a non-disclosure agreement for access to comprehensive financial information and supporting documentation. The property is located in the 03110 zip code.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bedford
    County
    Hillsborough
    State
    New Hampshire
    Longitude
    -71.5219
    Latitude
    42.9397

    Comparable in this City

    • Value Estimation by Request
      710 SF

      207 Riverway Pl

      CONDOMINIUM OFFICES • 710 SF
      207 Riverway Pl, Bedford, NH 03110
      View Details
    • Value Estimation by Request
      1,352 SF

      22 Eastman Ave, Unit B3

      CONDOMINIUM OFFICES • 1,352 SF
      22 Eastman Ave, Bedford, NH 03110-6702
      View Details
    • Value Estimation by Request
      479 SF

      22 Eastman Ave, Unit A1

      CONDOMINIUM OFFICES • 479 SF
      22 Eastman Ave, Bedford, NH 03110-6702
      View Details
    • Value Estimation by Request
      1,110 SF

      116 Riv Rdf1

      CONDOMINIUM OFFICES • 1,110 SF
      116 Riv Rdf1, Bedford, NH 03110-6734
      View Details
    • Value Estimation by Request
      372 SF

      116 Riv Rdh1

      CONDOMINIUM OFFICES • 372 SF
      116 Riv Rdh1, Bedford, NH 03110-6734
      View Details
    • Value Estimation by Request
      711 SF

      169 Riv Rd, Unit 2

      CONDOMINIUM OFFICES • 711 SF
      169 Riv Rd, Bedford, NH 03110-6934
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      5,016 SF

      Furnished Office Medical Condo

      Attractive, furnished office condominium in park-like setting near retail.
      360 Route 101, Bedford, NH 03110
      View Details
    • Contact for pricing
      14,000 SF

      Medical Office Condo For Sale

      14,000 SF medical office condo 100% leased in Bedford, NH.
      188 Route 101, Bedford, NH 03110
      View Details
    • $750,000

      Coldstream Park Office Condo

      Office condo in Coldstream Park, move-in ready condition.
      116 South River Rd, Bedford, NH 03110
      View Details
    • $439,999
      Pending

      Furnished Office Condominium For Sale

      Two-story office condominium in park-like setting, offered fully furnished.
      360 Route 101, Bedford, NH 03110
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Free-Standing Building in Performance Zone

      Flexible retail, medical, or office space in Bedford, New Hampshire.
      38 S River Rd, Bedford, NH 03110
      View Details
    • Contact for pricing

      Office Space for Lease

      Office space available for lease in Bedford, New Hampshire.
      Executive Park Dr, Bedford, NH 03110
      View Details
    • Contact for pricing

      Office Space for Lease

      Office space available for lease in Bedford, New Hampshire.
      Executive Park Dr, Bedford, NH 03110
      View Details
    • Contact for pricing

      Class A Office Park Setting

      Three-building office park with Class A office space.
      3 Bedford Farms Dr, Bedford, NH 03110
      View Details
    • Contact for pricing

      Professionally Managed Office Space Available

      First-class office spaces with flexible floor plans and natural light.
      166 S River Rd, Bedford, NH 03110
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    188 New Hampshire 101
    Bedford, NH 03110
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    188 New Hampshire 101, Bedford, NH, 03110
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!