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Property profile & analytics
OFF-MARKET Estimated value $2,545,000
Industrial properties

11 Merrill Industrial Dr Hampton, NH 03842-1972

26,652 SF 23.6 ac lot Built 1984
Entity Owned 22-yr Hold Free & Clear
Property ID
US58-0683511
Property summary
AI-generated overview

This exceptional property at 11 Merrill Industrial Drive in Hampton, NH, presents a unique opportunity for businesses seeking versatile commercial space. Boasting a total of 26,652 square feet, the property is ideally suited for a range of uses, from professional office space to light manufacturing. The layout is highly adaptable, offering spaces ranging in size from medium to large, with options for customization to meet specific business needs. Units of up to approximately 14,000 square feet are available, making it suitable for companies of varying sizes. The combination of professional office space and flexible industrial space provides unparalleled adaptability. The location is a significant advantage, offering easy access to major transportation arteries including Interstate 95, Route 101, and Route 1, ensuring seamless logistics and convenient commutes for employees and clients. The property's design also accommodates large trucks for efficient delivery and shipping operations. This is an exceptional opportunity to secure a well-located, versatile, and adaptable commercial space in a thriving New Hampshire market. The property sits on a lot with zero acres. The asking price is $10 million. Serious inquiries only.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1984
Construction STEEL FRAME
Total area 26,652 SF
Lot 23.6 ac (1,028,016 SF)
Zoning code I
APN HMPT M:160 B:22
UPID US58-0683511
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.54M
Comparable Approach Comparable
$2.46M
Blend (final) Blend
$2.55M
Owner & transaction history
Foss Nh Qrs 16-3 INC · 22 yrs held
Foss Nh Qrs 16-3 INC
since 2004
1 recorded transaction
2004
$8.5M
Zoning & alternative use
I · Hampton, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $3.7M +9.9%
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