Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    15 W Broadway Derry, NH 03038

    • Retail properties
    • 10,094 SF
    • 0.67 lot acres
    For Lease
    View listing
    $15 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US58-0259023
    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.

    Current Use by Public Records

    • Tim Barchard's Professional Martial Arts Academy / Training Center / Sports School
    • 102 Smoke Shop & Market / (Bike/Boat/Book/etc) Store
    • Backmann Florist / (Bike/Boat/Book/etc) Store / Florist
    • Financial Destination / Financial Advisor
    • NHGD / Building Supply / General Contractor

    Property Details for 15 W Broadway

    Year built
    1920
    Construction
    FRAME
    Lot size
    0.67 lot acres
    Property size
    10,094 SF
    Zone code
    CBD-TB
    Property type
    Retail properties
    APN
    DERY M:30 B:133
    APU
    DERYM30B133

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,202,000
      Market price range: $1.19M - $3.29M

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

    Location Insight

    • Map
    • Local Demand
    City
    Derry
    County
    Rockingham
    State
    New Hampshire
    Longitude
    -71.3249
    Latitude
    42.8809
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN 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
    $16,645
    $144,100
    $660,800
    $804,900
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $680,000
      4,050 SF

      48 Conleys Grv Rd

      DEPARTMENT STORE • 4,050 SF
      48 Conleys Grv Rd, Derry, NH 03038
      View Details
    • Value Estimation by Request
      920 SF

      32 Ss Ave

      DEPARTMENT STORE • 920 SF
      32 Ss Ave, Derry, NH 03038-2544
      View Details
    • Value Estimation by Request
      1,258 SF

      34 Ss Ave

      DEPARTMENT STORE • 1,258 SF
      34 Ss Ave, Derry, NH 03038-2529
      View Details
    • Value Estimation by Request
      2,547 SF

      94 Broadway

      DEPARTMENT STORE • 2,547 SF
      94 Broadway, Derry, NH 03038-2323
      View Details
    • Value Estimation
      $1,070,000
      9,050 SF

      3 Martin St

      DEPARTMENT STORE • 9,050 SF
      3 Martin St, Derry, NH 03038-2397
      View Details
    • Value Estimation by Request
      2,334 SF

      41 Crystal Ave

      DEPARTMENT STORE • 2,334 SF
      41 Crystal Ave, Derry, NH 03038-1711
      View Details

    Similar Nearby for Sale

    • $1,300,000

      Commercial Kitchen with Excellent Connectivity

      Fully operational commercial kitchen near I-93 in Southern New Hampshire.
      22 Kendall Pond Rd, Derry, NH 03038
      View Details
    • Contact for pricing
      14,564 SF

      Former Retail Space with Drive-Thru

      Available 14,564 SF retail space with drive-thru opportunity.
      52 Rockingham Rd, Derry, NH 03038
      View Details
    • $1,300,000
      1.90 Acres

      Derry Mixed-Use Commercial Building

      Commercially zoned mixed-use building with restaurant and apartment.
      150 Rockingham Rd, Derry, NH 03038
      View Details
    • $3,000,000
      479.70 Acres

      Undeveloped Land in Derry, NH

      Almost 500 acres of undeveloped land in Derry, New Hampshire.
      12 Halls Vlg Rd, Derry, NH 03038
      View Details
    • Contact for pricing
      7,938 SF

      Derry, NH Commercial Space Available

      Iconic Masonic Temple: Office & Event Space
      58 Broadway St, Derry, NH 03038
      View Details
    • $794,900

      Land For Sale

      Land available for purchase.
      19 Whitneys Grv Rd, Derry, NH 03038
      View Details

    Similar Nearby for Lease

    • $28 SF/Yr
      481 SF

      Derry Retail Space - Unit 110

      Affordable Derry retail space. Prime location, great visibility.
      16 Manning St, Derry, NH 03038, Derry, NH 03038
      View Details
    • Contact for pricing
      215,000 SF

      Hood Commons: Derry Retail Center

      Prime Derry location, multiple spaces available.
      55 Crystal Ave, Derry, NH 03038
      View Details
    • $12 SF/Yr

      Retail Space on Bypass 28

      Bright retail space with flexible layout and high visibility.
      204 Bypass 28, Derry, NH 03038
      View Details
    • $15 SF/Yr
      4,196 SF

      Retail Space in Derry, NH

      Versatile 4,196 SF retail space with high visibility.
      15 W Broadway, Derry, NH 03038
      View Details
    • $2,195 /Mo

      Derry Retail Storefront on Broadway

      Prime retail space in the heart of Downtown Derry, NH.
      8 East Broadway St, Derry, NH 03038
      View Details
    • $15 SF/Yr
      186,997 SF

      Derry Meadows Shoppes Retail Space

      High-traffic retail center, prime location.
      35 Manchester Rd, Derry, NH 03038
      View Details

    Property Visit Statistics

    • Visits by month
      3.5k
    • Visitors by month
      2.2k
    • Avg Time on site
      20 min
    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.
    15 W Broadway
    Derry, NH 03038
    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

    Google sign-in failed. Please try again or use another login method.