108 Fisherville RdConcord, NH 03303

  • Retail properties
  • 25,665 SF
For Lease
$11/SF/YR View listing

Property Details for 108 Fisherville Rd

Year built
1989
Construction
FRAME
Lot size
5.24 AC
Property size (Sq ft)
25,665 SF
Zone code
CG
Property type
Retail properties
Property subtype
Super regional malls
APN
CNCD M:301Z B:11
APU
CNCDM301ZB11

Description

This exceptional retail opportunity is located at 108 Fisherville Rd, Concord, NH 03303. The property, a former Family Dollar, boasts a total of 25,665 square feet, currently configured as a single suite but divisible into multiple spaces ranging from 2,000 to 9,700 square feet. Built in 1989, this Class B building features a new roof and is undergoing substantial capital improvements. The space offers a 9-foot clear height, with the potential for ceiling height increases. The property is zoned CG - General Commercial District and benefits from its location on Fisherville Rd (US-3), experiencing a moderate traffic volume of 11,428 vehicles per day. The surrounding area demonstrates strong economic indicators, with a current median household income of $74,849, exceeding the national average, and projected to reach $84,292 within five years. This presents a compelling investment opportunity for businesses seeking a well-located, adaptable retail space in a thriving community. The estimated net rent is $6 per square foot. This property is ideal for a variety of retail uses and offers significant potential for growth and profitability.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $6,237,491
    6.5%
    $5,757,684
    7%
    $5,346,421
  • Comparable approach

    Method
    Valuation
    Relative Method
    $8,450,540
    Geo Method
    $8,450,540
  • Alternative Use

    Use
    Valuation
    Residential
    $4,856,822
    Hospitality
    $4,448,822
    Educational
    $3,701,368
    Medical
    $3,828,664
    Retail
    $5,757,684
108 Fisherville Rd, Concord, New Hampshire
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Location Insight

City
Concord
County
Merrimack
State
New Hampshire
Latitude
43.2593
Longitude
-71.5793
CBSA code
18180
CBSA name
CONCORD, NH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$70,768
$928,900
$1,705,800
$2,634,700
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