Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    132 Monadnock Hwy Swanzey, NH 03446
    Back to Search
    Property profile & analytics

    132 Monadnock Hwy, Swanzey, NH 03446

    View on Map
    • Showrooms
    • 19,628 SF
    • 2.61 lot acres
    For Lease
    $820,000
    View Listing →
    Swanzey Office/Studio Space For Lease For Lease
    $820,000

    Swanzey Office/Studio Space For Lease

    High visibility commercial space suitable for office or studio use.

    132 Monadnock Highway, Swanzey, NH 03446
    View Listing
    Property ID
    US58-0354322
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Showrooms

    Property Details for 132 Monadnock Hwy

    Year built
    1987
    Construction
    WOOD FRAME
    Lot size
    2.61 lot acres
    Zone code
    BUSINE
    Property type
    Showrooms
    APN
    SWNZ M:103 B:085
    APU
    SWNZM103B085

    Description

    This exceptional commercial property offers three attractive office spaces for lease, ideally situated on the second floor of a highly visible building located on Route 12, just south of Keene, New Hampshire. The building enjoys excellent visibility and accessibility, making it an ideal location for a variety of professional businesses. The available spaces are generously sized, offering ample room for operations and growth. Specifically, there are three individual office spaces measuring 820 square feet, 750 square feet, and 1180 square feet. The 1180 square foot and 750 square foot spaces offer the flexibility of being combined to create a larger, more expansive workspace, totaling 1930 square feet, should a tenant require more space. These bright and pleasant offices are perfect for professional offices, dance studios, or similar businesses requiring spacious and well-lit work areas. The property offers a convenient and cost-effective heating system, with heat included in the lease. Tenants are only responsible for their own electricity usage. This presents a significant advantage, reducing operational costs and providing predictable monthly expenses. The property's location on Route 12 ensures high visibility and easy access for clients and employees. This is a rare opportunity to secure well-appointed office space in a prime location. Inquire today to learn more about this exceptional leasing opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $743,000
      Market price range: $744k - $2.16M

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

    Location Insight

    • Map
    • Local Demand
    City
    Swanzey
    County
    Cheshire
    State
    New Hampshire
    Longitude
    -72.2553
    Latitude
    42.9039
    CBSA code
    28300
    CBSA name
    KEENE, 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
    $19,086
    $165,000
    $545,300
    $710,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1,446 SF

      93 California Brk Rd

      SHOW ROOM, WAREHOUSE
      93 California Brk Rd, Swanzey, NH 03446-3300
      View Details
    • Value Estimation by Request
      2,436 SF

      90 Winchester St

      SHOW ROOM, WAREHOUSE
      90 Winchester St, Swanzey, NH 03446-3619
      View Details
    • Value Estimation by Request
      1,727 SF

      2 Arrowcrest Dr

      SHOW ROOM, WAREHOUSE
      2 Arrowcrest Dr, Swanzey, NH 03446-2100
      View Details
    • Value Estimation
      $815,000
      14,827 SF

      140 Monadnock Hwy

      SHOW ROOM, WAREHOUSE
      140 Monadnock Hwy, Swanzey, NH 03446-2141
      View Details
    • Value Estimation by Request
      2,052 SF

      472 Old Homestead Hwy

      SHOW ROOM, WAREHOUSE
      472 Old Homestead Hwy, Swanzey, NH 03446-2314
      View Details
    • Value Estimation by Request
      2,865 SF

      907 Swanzey Rd

      SHOW ROOM, WAREHOUSE
      907 Swanzey Rd, Swanzey, NH 03446-3222
      View Details

    Similar Nearby for Sale

    • $332,500
      87,120.00 Acres

      Renovated Commercial Property on 2 Acres

      Renovated commercial property on 2 acres, minutes from Keene.
      223 Monadnock Hwy, Swanzey, NH 03446
      View Details
    • $795,000
      2.60 Acres

      Swanzey Commercial Building For Sale

      Retail/office building with high visibility and ample parking.
      132 Monadnock Hwy, Swanzey, NH 03446
      View Details
    • Contact for pricing

      Turnkey Restaurant and Commercial Space

      Fully equipped restaurant or commercial space with endless possibilities.
      626 W Swanzey Rd, Swanzey, NH 03446
      View Details
    • Contact for pricing

      Swanzey Office Space for Lease

      Three offices, high visibility location. Heat included.
      132 Monadnock Hwy, Swanzey, NH 03446
      View Details
    View Listing
    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.
    132 Monadnock Hwy
    Swanzey, NH 03446
    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
    132 Monadnock Hwy, Swanzey, NH, 03446
    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!