181 Rte 27 Raymond, NH 03077-1217
- Industrial properties
- 4,000 SF
- 19.39 lot acres
Current Use by Public Records
- Industrial properties
Property Details for 181 Rte 27
- Year built
- 1984
- Construction
- FRAME
- Lot size
- 19.39 lot acres
- Property size
- 4,000 SF
- Zone code
- C1
- Property type
- Industrial properties
- Property subtype
- Industrial live-work properties
- APN
- RAYM M:033 L:090
- APU
- RAYMM033L090
Description
This exceptional 19.68-acre industrial property in Raymond, NH, offers a unique investment opportunity. The complex comprises three buildings totaling 23,200 square feet, featuring a well-designed office space with attached five-bay drive-through doors, 18-foot overhead doors, and a 20-foot clear height. Additional buildings include drive-in bays, mechanics shops, and office space, all equipped with a fire suppression system. A significant advantage is the presence of a cell phone tower with a lease in perpetuity, generating consistent passive income. The property also boasts an approved heliport, ample parking for truck fleets, cars, and equipment, and extensive laydown areas. Its strategic location near a major highway ensures excellent accessibility and transportation links. The property is listed at $6,200,000 and is zoned for industrial and commercial use. This versatile property is ideal for a variety of businesses seeking a substantial and well-equipped space with significant added value. The 03077 zip code provides easy access to local amenities and services. This is a rare opportunity to acquire a substantial industrial property with diverse features and income streams.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $620,000
- 6.5%
- $575,000
- 7%
- $530,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $801,000
Market price range: $238k - $801k -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $925,000 Current use
- AUTO REPAIR, GARAGE
- $1,055,000 Change: +14% Conversion: Difficult
- RETAIL STORES
- $865,000 Change: -6% Conversion: Easy
- OFFICE BUILDING
- $755,000 Change: -18% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Raymond
- County
- Rockingham
- State
- New Hampshire
- Longitude
- -71.2025
- Latitude
- 43.0441
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA