Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    163 Rochester Hill Rd Rochester, NH 03867

    • Commercial real estate
    • 3,134 SF
    For Sale
    View listing
    $325,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US58-0207724
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Psychotherapy for Women's Reproductive Health / Family Counselor / Social Worker
    • Sanders Heather A MD / Pediatrician
    • Rochester Pediatric Associates: Shultz Kelley MD / Doctor
    • Miller Joseph J / Doctor
    • Rochester Pediatric Associates: Winkler Dalma MD / Doctor

    Property Details for 163 Rochester Hill Rd

    Year built
    1989
    Construction
    FRAME
    Property size
    3,134 SF
    Zone code
    OFC
    Property type
    Commercial real estate
    APN
    RCHE M:0243 B:0051 L:0002
    APU
    RCHEM0243B0051L0002

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $275,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $251,000
      Market price range: $178k - $578k
      AI Estimate
      $242,000
      Market price range: $139k - $530k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Strafford
    State
    New Hampshire
    Longitude
    -70.936
    Latitude
    43.2842
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN 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
    $5,225
    $0.00
    $203,000
    $203,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request

      47AB Hanson St

      Land
      47AB Hanson St, Rochester, NH 03867
      View Details
    • Value Estimation
      $640,000
      17,240 SF

      7 Crane Dr

      COMMERCIAL (GENERAL) • 17,240 SF
      7 Crane Dr, Rochester, NH 03867-4354
      View Details
    • Value Estimation
      $300,000
      3,046 SF

      50 Main St Ste, Unit 3

      COMMERCIAL CONDOMINUIM • 3,046 SF
      50 Main St Ste, Rochester, NH 03867-1969
      View Details
    • Value Estimation by Request
      18,956 SF

      183 Wakefield St

      Commercial real estate • 18,956 SF
      183 Wakefield St, Rochester, NH 03867
      View Details
    • Value Estimation
      $500,000
      815 SF

      11 Whitehall Rd, Unit 2A

      COMMERCIAL CONDOMINUIM • 815 SF
      11 Whitehall Rd, Rochester, NH 03867-3226
      View Details
    • Value Estimation
      $425,000
      39.00 Acres

      6 Joshua St

      COMMERCIAL (GENERAL) • 39.00 Acres
      6 Joshua St, Rochester, NH 03867
      View Details

    Similar Nearby for Sale

    • $499,900
      0.20 Acres

      Downtown Rochester Mixed-Use Gem

      Renovated Duplex w/ Development Potential
      45AB Hanson St, Rochester, NH 03867
      View Details
    • $500,000
      0.20 Acres

      Rochester Mixed-Use Investment

      Downtown Rochester, renovated duplex, high potential.
      45 Hanson St, Rochester, NH 03867
      View Details
    • $150,000

      Downtown Rochester Land - Huge Potential

      Mixed-use land, rehab opportunity, downtown location.
      47AB Hanson St, Rochester, NH 03867
      View Details
    • $4,400,000
      9,260 SF

      Iconic Rochester Restaurant & Tavern

      Established NH eatery, 9,260 sq ft, 1.7 acres
      11 Farmington Rd, Rochester, NH 03867
      View Details
    • $2,000,000
      23,478 SF

      Dynasty Plaza: Rochester Investment

      Prime Rochester location, multi-tenant income.
      24 Signal St, Rochester, NH 03867
      View Details
    • $1,092,000
      11.61 Acres

      Rochester Commercial Land & Building

      11+ Acres, Route 11 Frontage, High Visibility
      176 Farmington Rd, Rochester, NH 03867
      View Details

    Similar Nearby for Lease

    • $9 SF/Yr

      Rochester Flex, R&D, and Lab

      Office, flex, R&D, and lab leasing options available.
      35E Industrial Way, Rochester, NH 03867
      View Details
    • $9 SF/Yr

      Rochester Office, Flex, R&D, Lab

      Professional office, flex, R&D, and lab leasing options available.
      35E Industrial Way Entire, Rochester, NH 03867
      View Details
    • $2,500 /Mo
      2,500 SF

      Rochester Industrial Unit For Lease

      2,500 SF industrial unit in Granite State Business Park.
      61 Airport Dr, Rochester, NH 03867
      View Details
    • Contact for pricing
      3,000 SF

      Retail Space Near Lakes Region

      Retail space on Route 11 near the lakes region.
      58 Farmington Rd, Rochester, NH 03867
      View Details
    • $16 SF/Yr
      1,034 SF

      New Retail/Office Space Available

      New construction retail/office space on busy North Main Street.
      47-55 North Main St, Rochester, NH 03867
      View Details
    • Contact for pricing
      35,300 SF

      Retail & Residential Development Opportunity

      Mixed-use development with retail, restaurants, and luxury apartments.
      68 Farmington Rd, Rochester, NH 03867
      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.
    163 Rochester Hill Rd
    Rochester, NH 03867
    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

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.