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    1821 Hooksett Rd Hooksett, NH 03106

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    1821 Hooksett Rd Hooksett, NH 03106

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    • Commercial real estate
    • 40.07 lot acres
    For Sale
    $1,200,000
    View Listing →
    Hooksett Road Land Parcel For Sale
    $1,200,000
    40.07 Acres

    Hooksett Road Land Parcel

    40+ acre land parcel with frontage on Hooksett Road.

    1821 hooksett road, Hooksett, NH
    View Listing
    Property ID
    US58-0043208
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 1821 Hooksett Rd

    Lot size
    40.07 lot acres
    Property type
    Commercial real estate
    APN
    HOOK-000006-000000-000010

    Description

    This exceptional 40.07-acre parcel of land, located at 1821 Hooksett Road in Hooksett, New Hampshire (zip code 03106), presents a significant investment opportunity. The property boasts an impressive 995+ feet of frontage along the busy Hooksett Road, ensuring excellent visibility and accessibility for any development. Zoned for commercial use, this versatile land offers a wide range of potential applications. Preliminary assessments suggest uses such as retail establishments and senior housing are feasible, though further due diligence is recommended. The asking price is $1,200,000, translating to an attractive price per acre of $29,947. The property's APN is HOOK-000006-000000-000010. Sale terms are cash to seller. This prime location in Merrimack County offers unparalleled potential for developers seeking a high-visibility site with substantial acreage in a desirable New Hampshire market. The property's latitude and longitude coordinates are 43.1028889 and -71.4483821 respectively. Serious inquiries only.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Hooksett
    County
    Merrimack
    State
    New Hampshire
    Longitude
    -71.4483821
    Latitude
    43.1028889

    Comparable in this City

    • Contact for pricing

      Mixed-Use Building with Highway Access

      Mixed-use building with warehouse, retail, and office spaces for sale.
      198 Londonderry Tpke, Hooksett, NH 03106
      View Details
    • $3,100,000

      Hooksett Industrial Investment Opportunity

      Three-building industrial investment with expansion potential in Hooksett, New Hampshire.
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    • $475,000

      Commercial Land Near Route 101

      0.50 acre fenced lot near Route 101 exit.
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    Similar Nearby for Sale

    • Contact for pricing

      Mixed-Use Building with Highway Access

      Mixed-use building with warehouse, retail, and office spaces for sale.
      198 Londonderry Tpke, Hooksett, NH 03106
      View Details
    • $3,100,000

      Hooksett Industrial Investment Opportunity

      Three-building industrial investment with expansion potential in Hooksett, New Hampshire.
      146 Londonderry Tpke, Hooksett, NH 03106
      View Details
    • $399,000
      1,295,474.00 Acres

      Hooksett Land Parcels For Sale

      Two large land parcels totaling almost 30 acres in Hooksett.
      347 Whitehall Rd And Chester Tpke, Hooksett, NH 03106
      View Details
    • $1,575,000
      Pending

      Hooksett Commercial Land For Sale

      Commercial land available in Hooksett, New Hampshire.
      198 Londonderry Tpke, Hooksett, NH 03106
      View Details

    Similar Nearby for Lease

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      Hooksett Commercial Land For Lease

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      New Industrial Distribution Facility

      500,000 sq ft industrial distribution facility in Hooksett, NH.
      Hooksett, NH 03106
      View Details
    • $16 SF/Yr

      Hooksett Flex Contractor Bay

      5,000± SF flex building with office and warehouse space.
      237 Londonderry Tpke, Hooksett, NH 03106
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    • $7 SF/Yr
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      Hooksett Warehouse with Docks

      17,000 SF warehouse divisible, near Interstate 93.
      1359 Hooksett Rd, Hooksett, NH 03106
      View Details
    • $2,200 /Mo

      Hooksett Flex Space with Bays

      Flex space with drive-in bays available for immediate occupancy.
      47 Thames Rd, Hooksett, NH 03106
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    • $16 SF/Yr
      5,538 SF

      Hooksett Road Commercial Space

      Spacious commercial space ideal for retail, office, or mixed-use.
      1575 Hooksett Rd, Hooksett, NH 03106
      View Details
    View Listing
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    Hooksett, NH 03106
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    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
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    1821 Hooksett Rd, Hooksett, NH, 03106

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