271 Derry Rd Litchfield, NH 03052
- Showrooms
- 4,218 SF
- 0.44 lot acres
Current Use by Public Records
- Showrooms
Property Details for 271 Derry Rd
- Year built
- 1988
- Lot size
- 0.44 lot acres
- Property size
- 4,218 SF
- Zone code
- H COMH
- Property type
- Showrooms
- APN
- LTCH M:00002 L:000003 S:000000
- APU
- LTCHM00002L000003S000000
Description
This newly remodeled (2018) professional office/retail building is situated on a highly visible 0.44-acre lot on Derry Road (Route 102) in Litchfield, New Hampshire. The building offers a total of 4,800 square feet, with 2,400 square feet on each of its two floors. Each floor is divisible to a minimum of 1,200 square feet, offering flexibility for various business needs. The second floor boasts convenient handicapped access, making it suitable for a wide range of professional services. The property's location provides excellent accessibility, with proximity to Nashua and the Massachusetts border ensuring a strong potential customer base. The building is ideal for an owner-occupier seeking a move-in ready space. Its complete renovation in 2016 ensures modern amenities and efficient functionality. The high visibility on a heavily trafficked road guarantees significant exposure for any business operating from this location. This presents a unique opportunity to acquire a well-maintained, versatile commercial property in a desirable location. The asking price is $659,900.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $330,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $445,000
- 6.5%
- $510,000
- 7%
- $495,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $475,000
- Geo Method
- $460,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $460,000
- Retail
- $485,000
- Mixed-Use
- $435,000
- Hospitality
- $475,000
- Educational
- $470,000
- Residential Income
- $565,000
- Energy
- $515,000
- Income-Based Land
- $485,000
- Food Service
- $430,000
Location Insight
- Map
- Local Demand
- City
- Litchfield
- County
- Hillsborough
- State
- New Hampshire
- Longitude
- -71.4275
- Latitude
- 42.8092
- CBSA code
- 31700
- CBSA name
- MANCHESTER-NASHUA, NH METROPOLITAN STATISTICAL AREA