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    Property profile & analytics
    OFF-MARKET Estimated value $915,000
    Auto shops

    1378 Hooksett Rd, Hooksett, NH 03106-1853

    2,004 SF 2.01 ac lot Built 2003
    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US58-0077543
    Property summary
    AI-generated overview

    This exceptional 2,013 square foot commercial property, situated on a 2.03-acre lot at 1378 Hooksett Road in Hooksett, NH, presents a unique investment opportunity. Currently operating as a successful auto dealership, this property boasts an attractive showroom complete with offices, bathrooms, and a small kitchen. The high visibility location on Route 3 benefits from an impressive 28,000 vehicles per day, ensuring significant exposure for any business. The expansive paved parking lot comfortably accommodates over 100 vehicles, and the property features over 400 feet of road frontage. The existing structure offers ample space for a variety of commercial uses, making it ideal for a diverse range of businesses. Town ordinances allow for potential expansion, including the addition of garages, providing significant flexibility for future growth. The seller is relocating to a larger facility, presenting a rare chance to acquire a well-established and highly visible commercial property in a prime location. This property is suitable for continued use as an auto dealership or offers significant potential for redevelopment to accommodate a wide array of commercial ventures, from daycare centers and construction companies to franchises and other businesses. The combination of high traffic volume, ample parking, and expansion possibilities makes this a truly compelling investment.

    Property profile
    Verified
    Property type Auto shops
    Use group AUTO REPAIR, GARAGE
    Year built 2003
    Construction FRAME
    Total area 2,004 SF
    Lot 2.01 ac (87,556 SF)
    Zoning code PZ
    APN HOOK M:18 B:47 L:1
    UPID US58-0077543
    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
    $1.01M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $915k
    Owner & transaction history
    Carfive Realty LLC · 4 yrs held
    Carfive Realty LLC
    since 2021
    Last sale
    $855,000
    7 recorded transactions
    2021
    $855,000
    2021
    2013
    2013
    $631,000
    2013
    2007
    2002
    $175,000
    Zoning & alternative use
    PZ · Hooksett, NH
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $850,000 +104.8%
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