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    Property profile & analytics
    OFF-MARKET Estimated value $5,820,000
    Warehouses

    100 Tri City Rd, Somersworth, NH 03878-1321

    56,604 SF 5.03 ac lot Built 1970
    Entity Owned 8-yr Hold Absentee Owner Free & Clear
    Property ID
    US58-0589535
    Property summary
    AI-generated overview

    This exceptional 52,138 square foot multi-tenant warehouse, situated on a 5.03-acre lot at 100 Tri City Road, presents a fantastic opportunity. Built in 1970 and extensively renovated in 2020, this six-story building offers a range of modern amenities. Currently, a 2,335 square foot unit is available, featuring a 14' ceiling height, a 14' x 14' overhead door, and approximately 100 square feet of office space. The unit includes HVAC, 200 amp, 208-volt, 3-phase electrical service, and an ADA-compliant bathroom. The building boasts ceiling heights ranging from 14' to 19', depending on the unit. Individual electric and HVAC metering ensures efficient utility management. The property's convenient location just off Exit 9 of the Spaulding Turnpike provides easy access to major transportation arteries. The zoning allows for multiple uses, including industrial, commercial, and retail. The lease rate is $14.50 per square foot, modified gross, with tenants responsible for heat and electricity. A minimum two-year lease is required. The property includes only two total parking spaces. This is an ideal space for businesses seeking a modern, well-located warehouse facility.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1970
    Construction STEEL FRAME
    Total area 56,604 SF
    Lot 5.03 ac (219,107 SF)
    Zoning code B
    APN SMSW M:39 B:01 L:0
    UPID US58-0589535
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Weave Filtration Factory Industrial Manufacturer
    • Stanley Steemer Air Duct Cleaning Service Commercial Cleaning Service
    • Mellowland LLC Warehouse & Storage
    • Downeast Custom Vans LLC Car Dealership
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $5.82M
    Owner & transaction history
    100 TRI CITY RD LLC
    100 TRI CITY RD LLC
    Zoning & alternative use
    B · Somersworth, NH
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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