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Property profile & analytics

2 Commerce Dr Hooksett, NH 03106-2528

  • Retail properties
  • 138,579 SF
  • 16.99 lot acres
OFF-MARKET
Last Sale
May 25, 2021
$14,900,000
Value Estimations
$13,775,000
Show details
Cap Rate Potential
9.8%
Retail properties
Location Intelligence
Property ID
US58-0242535
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

  • Retail properties

Property Details for 2 Commerce Dr

Year built
2009
Construction
CONCRETE
Lot size
16.99 lot acres
Property size
138,579 SF
Zone code
MUD3
Property type
Retail properties
APN
HOOK M:37 B:43 L:A
APU
HOOKM37B43LA

Description

This exceptional sublease opportunity presents 6,341 square feet of Class A office space at 2 Commerce Drive, Suite 102, Bedford, New Hampshire. Located in a desirable suburban setting, this space offers a polished corporate image with easy access to amenities and major transportation routes. The building, constructed in 1988, boasts a total of 48,200 square feet across two stories, and features a mix of private offices, open work areas ideal for cubicles, multiple conference rooms, a large training area, and a convenient kitchenette/break room. Ample parking is available with 156 spaces in a shared lot on a first-come, first-served basis. The building is strategically situated at a signalized intersection, providing convenient access to Interstate 293, Route 101, and the Everett Turnpike, placing it within a 20-minute drive of the Massachusetts border. This location offers proximity to a variety of dining, lodging, retail, and wellness options, as well as the Manchester-Boston Regional Airport. The building includes elevators for easy access to all floors. This property is perfect for a company seeking a modern, well-equipped office space in a highly accessible and amenity-rich location. The Hillsborough County address offers a prestigious business environment. This is a rare opportunity to secure high-quality office space in a sought-after Bedford location.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $16,550,000
    ML approach
    $10,975,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $11,560,000
    Market price range: $11.6M - $29.8M
  • Alternative Use

    Use
    Estimation
    RETAIL STORES
    $20,240,000
    Current use
    INDUSTRIAL (GENERAL)
    $19,540,000
    Change: -3% Conversion: Difficult
    OFFICE BUILDING
    $18,345,000
    Change: -9% Conversion: Easy

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


Location Insight

  • Map
  • Local Demand
City
Hooksett
County
Merrimack
State
New Hampshire
Longitude
-71.476
Latitude
43.0394
CBSA code
18180
CBSA name
CONCORD, NH MICROPOLITAN 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
$166,087
$4,199,300
$6,194,125
$10,393,425
-
$0.00
$0.00
$0.00
More about this property
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