6 Merrill Industrial DrHampton, NH 03842

  • Office properties
  • 31,335 SF
For Lease
$13/SF/YR View listing

Property Details for 6 Merrill Industrial Dr

Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
2.80 AC
Property size (Sq ft)
31,335 SF
Zone code
I
Property type
Office properties
Property subtype
Office buildings
APN
HMPT M:142 B:3
APU
HMPTM142B3

Description

This exceptional Hampton, New Hampshire property, located at 6 Merrill Industrial Drive, offers 3,906 square feet of versatile office and flex space currently available for lease. The single-story building is classified as Class B and features convenient access with 50 feet of frontage. The space is divisible, with a minimum leasable area of 1,302 square feet and a maximum contiguous space of 2,604 square feet. Six loading docks provide efficient loading and unloading capabilities. The property is zoned for industrial use and boasts a highly desirable location in the Portsmouth submarket of Rockingham County. Its strategic position offers easy access to Interstate 95 and NH-101, ensuring seamless transportation and logistics for businesses. This is an excellent opportunity for medical offices or businesses requiring flexible space in a prime location. The property's APN is M142-B3, and the zip code is 03842. This listing presents a rare chance to secure a well-situated, adaptable space in a thriving New Hampshire market. Contact us today to learn more about this exceptional opportunity.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,180,612
    6.5%
    $4,782,103
    7%
    $4,440,524
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,094,231
    Geo Method
    $4,094,231
  • Alternative Use

    Use
    Valuation
    Residential
    $5,929,808
    Hospitality
    $5,431,672
    Educational
    $4,519,087
    Medical
    $4,674,506
    Retail
    $7,029,692
6 Merrill Industrial Dr, Hampton, New Hampshire
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Location Insight

City
Hampton
County
Rockingham
State
New Hampshire
Latitude
42.9435
Longitude
-70.8463
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
$38,476
$426,800
$1,870,300
$2,297,100
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