Property profile

135 Commerce Way Portsmouth, NH 03801

OFF-MARKET
Office buildings
Property ID
US58-0613452
56,560 SF 5.39 ac lot Built 1990
Entity Owned 8-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This property is configured as leased office space with a total of 19,224 square feet on the third floor and 7,370 square feet on the first floor. The building includes a renovated lobby featuring a large cafe area with casual dining seating, and large conference and breakout spaces located off the lobby. The office areas have large wrap-around windows designed to provide natural light. The location provides convenient access to I-95 and is close to downtown Portsmouth, and the property includes on-site parking.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1990
Construction FRAME
Total area 56,560 SF
Lot 5.39 ac (234,788 SF)
Zoning code OR
APN PRSM M:0216 B:0001 L:11
UPID US58-0613452

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic
  • Medical Billing Service

Location

135 Commerce Way Portsmouth, NH 03801-3002
Portsmouth metro Census 107100 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$11.13M
Blend (final) Blend
$11.26M

Owner & transaction history

Zoning & alternative use

OR · Portsmouth, NH
Zoning description

or other site-related impacts. Existing Site Plan Review Regulations Related information (the below references are provided as supplements to the site plan review standards): Tree planting standards, details, and protect…

General category UNKNOWN

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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