Technical
Financial
Distress signals
Property profile

166 Main St Hillsboro, NH 03244

OFF-MARKET
Industrial properties
Property ID
US58-0450380
0.1 ac lot
Individually Owned Free & Clear
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Property summary

AI-generated overview

This exceptional 45,000 square foot commercial property, built in 1966 and renovated in 1988, offers a unique blend of flex and traditional office space. The single, two-story building sits on 4.8 acres of land and features 11 suites, currently with 4,000 square feet vacant. The property boasts an impressive 18-foot ceiling height and abundant parking with 247 spaces, including 24 spots directly adjacent to W Main Street, ideal for product display. The zoning is COMM-IND, and the APN is 11P/341/000. The open layout of the showroom is perfect for showcasing large items such as cars, boats, or furniture, complemented by private offices for administrative tasks and client meetings. The property benefits from high visibility and a central location, ensuring significant foot and vehicle traffic. Taxes are $1 per square foot. While there are no elevators, the property does have 3-phase power. Additional adjoining space with overhead door and separate access will become available soon, providing excellent storage options. This is a Class B property offering a rare opportunity to establish a thriving business in a high-traffic area.

Property profile

Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Lot 0.1 ac (4,356 SF)
Zoning code COMM-N
APN HLBO M:0011F B:000235 L:000000
UPID US58-0450380

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
  • Auto Repair Shop
  • Car Rental Facility
  • Auto Repair Shop
  • Auto Repair Shop

Location

166 Main St Hillsboro, NH 03244
Hillsboro metro Census 25502 MANCHESTER-NASHUA, NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$240k

Owner & transaction history

Zoning & alternative use

COMM-N · Hillsboro, NH

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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