1378 Hooksett Rd Hooksett, NH 03106-1853
- Auto shops
- 2,004 SF
- 2.01 lot acres
Current Use by Public Records
- Auto shops
Property Details for 1378 Hooksett Rd
- Year built
- 2003
- Construction
- FRAME
- Lot size
- 2.01 lot acres
- Property size
- 2,004 SF
- Zone code
- PZ
- Property type
- Auto shops
- APN
- HOOK M:18 B:47 L:1
- APU
- HOOKM18B47L1
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $950,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $875,000
- 6.5%
- $800,000
- 7%
- $810,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $755,000
- Geo Method
- $695,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $810,000
- Retail
- $955,000
- Mixed-Use
- $840,000
- Hospitality
- $740,000
- Educational
- $810,000
- Residential Income
- $950,000
- Energy
- $855,000
- Income-Based Land
- $855,000
- Food Service
- $805,000
Location Insight
- Map
- Local Demand
- City
- Hooksett
- County
- Merrimack
- State
- New Hampshire
- Longitude
- -71.447
- Latitude
- 43.0656
- CBSA code
- 18180
- CBSA name
- CONCORD, NH MICROPOLITAN STATISTICAL AREA