Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    11 Kimball Dr Hooksett, NH 03106-2603
    Back to Search
    Property profile & analytics

    11 Kimball Dr, Hooksett, NH 03106-2603

    View on Map
    • Super regional malls
    • 38,400 SF
    • 6.60 lot acres
    Off-Market
    Last Sale Dec 12, 2022
    Property ID
    US58-0674718
    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.
    Value Estimations
    $2,700,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Super regional malls

    Property Details for 11 Kimball Dr

    Year built
    1996
    Construction
    FRAME
    Lot size
    6.60 lot acres
    Zone code
    MUD3
    Property type
    Super regional malls
    Property subtype
    Shopping centers
    APN
    HOOK M:37 B:13
    APU
    HOOKM37B13

    Description

    Riverside Plaza, located at 11 Kimball Dr, Hooksett, NH 03106, presents a remarkable commercial real estate opportunity. This 6.6-acre parcel, zoned MUD3 in Merrimack County, offers 2,200 square feet of buildable space with a total of 320 parking spaces. Currently vacant, the property is ideally suited for a variety of retail uses, particularly drive-thru restaurants or bank branches. The site's exceptional location provides unparalleled visibility and accessibility. Its proximity to Interstate 93 and New Hampshire Route 3A ensures high traffic volume and exposure to a substantial customer base. The surrounding area boasts a thriving retail environment, including shopping centers, grocery stores, and gas stations, creating a synergistic and advantageous commercial landscape. The property is available for ground lease or build-to-suit arrangements, with terms negotiable to meet specific business needs. This is a rare chance to establish a presence in a high-demand location with excellent infrastructure and strong potential for growth. The property's size and zoning provide flexibility for various development plans, making it an attractive investment for discerning businesses seeking a strategic location in a bustling New Hampshire community.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $4,310,000
      OFFICE BUILDING
      $4,150,000
      INDUSTRIAL (GENERAL)
      $3,735,000
      RETAIL STORES
      $3,090,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Hooksett
    County
    Merrimack
    State
    New Hampshire
    Longitude
    -71.4666
    Latitude
    43.0406
    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
    $40,706
    $1,124,200
    $1,423,100
    $2,547,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,050,000
      80,550 SF

      140 Bicentennial Dr

      REGIONAL SHOPPING CENTER, MALL
      140 Bicentennial Dr, Hooksett, NH 03106
      View Details
    • Value Estimation
      $9,865,000
      144,966 SF

      1271 Hooksett Rd

      REGIONAL SHOPPING CENTER, MALL
      1271 Hooksett Rd, Hooksett, NH 03106-1801
      View Details
    • Value Estimation
      $635,000
      3,850 SF

      86 Riv Rd

      RETAIL STORES (PERSONAL SERVICES)
      86 Riv Rd, Hooksett, NH 03106-2615
      View Details
    • Value Estimation
      $2,740,000
      17,842 SF

      25th Springer Rd

      DEPARTMENT STORE
      25th Springer Rd, Hooksett, NH 03106-1338
      View Details
    • Value Estimation
      $2,115,000
      17,666 SF

      122 Londonderry Tpke

      SHOW ROOM, WAREHOUSE
      122 Londonderry Tpke, Hooksett, NH 03106-2011
      View Details
    • Value Estimation by Request
      3,096 SF

      1337 Hooksett Rd

      FINANCIAL BUILDING
      1337 Hooksett Rd, Hooksett, NH 03106-1847
      View Details

    Similar Nearby for Sale

    • $499,000
      1,996 SF

      Functional Industrial Asset with Frontage

      Small-bay industrial building with drive-in bays and ample parking.
      1806 Hooksett Rd, Hooksett, NH 03106
      View Details
    • Contact for pricing
      1 SF

      Hooksett Road Commercial Property

      Versatile commercial property with high visibility and income potential.
      1371 Hooksett Rd, Hooksett, NH 03106
      View Details
    • Contact for pricing
      5,940 SF

      Hooksett Road Retail Opportunity

      5,900 SF retail space with showroom and service bays.
      1191 Hooksett Rd, Hooksett, NH 03106
      View Details
    • Contact for pricing
      48,765 SF

      Hooksett Retail Property For Sale

      Retail property available for purchase in Hooksett, New Hampshire.
      1292 Hooksett Rd, Hooksett, NH 03106
      View Details
    • Contact for pricing

      Hooksett Retail Investment Opportunity

      Retail property in Hooksett, NH, anchored by Sherwin-Williams.
      1134 Hooksett Rd, Hooksett, NH 03106
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      7,735 SF

      Hooksett Retail Space For Rent

      Grocery-anchored shopping center space available in Hooksett, New Hampshire.
      1328 Hooksett Rd, Hooksett, NH 03106
      View Details
    • $14 SF/Yr

      Granite Hill Shoppes Retail Space

      Prime retail suites available in Hooksett's active commercial corridor.
      1461 Hooksett Rd, Hooksett, NH 03106
      View Details
    • Contact for pricing

      Visible Unit on Londonderry Turnpike

      Second-floor unit with signage, suitable for various uses.
      45 Londonderry Tpke, Hooksett, NH 03106
      View Details
    • $1,800 /Mo

      Hooksett Road Commercial Condo Unit

      Commercial condo unit with garage door in central Hooksett.
      1100 Hooksett Rd, Hooksett, NH 03106
      View Details
    • Contact for pricing
      15,000 SF

      Modern Hooksett Commercial Space Available

      State-of-the-art building with flexible space for lease.
      1385 Hooksett Rd, Hooksett, NH 03106
      View Details
    • $2,200 /Mo

      Hooksett Flex Space with Bays

      Flex space with drive-in bays available for immediate occupancy.
      47 Thames Rd, Hooksett, NH 03106
      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.
    11 Kimball Dr
    Hooksett, NH 03106-2603
    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

    Thank You for Inquiry
    11 Kimball Dr, Hooksett, NH, 03106
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!