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    254 White Mountain Hwy Milton, NH 03851
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    Property profile & analytics

    254 White Mountain Hwy Milton, NH 03851

    View on Map
    • Showrooms
    • 2,058 SF
    • 0.37 lot acres
    For Sale
    $425,000
    View Listing →
    High-Traffic Auto Garage for Sale For Sale
    $425,000
    1,878 SF

    High-Traffic Auto Garage for Sale

    Three-bay auto garage with equipment and high visibility.

    254 White Mountain Hwy, Milton, NH 3851
    View Listing
    Property ID
    US58-0255733
    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

    • Three Ponds Automotive / Auto Repair Shop

    Property Details for 254 White Mountain Hwy

    Year built
    1959
    Lot size
    0.37 lot acres
    Property size
    2,058 SF
    Zone code
    IND/CO
    Property type
    Showrooms
    APN
    MLTN M:00047 B:000022 L:000001
    APU
    MLTNM00047B000022L000001

    Description

    This turnkey three-bay auto garage in Milton, New Hampshire, presents a unique investment opportunity. Located at 254 White Mountain Hwy, 03851, this 1,878 square foot retail property sits on a single-story building constructed in 1980 and zoned IND/COMM (APN 47). The asking price is $480,000. The garage boasts three 12-foot garage doors, an office area, a bathroom, storage room, and a shed, along with ample parking. Heating is provided by a clean-burning used-oil furnace. The property is wired for 220 and 110 volts and features a twin-motor compressor setup. Included in the sale are three 2-ton scissor lifts, a Snap-on tire mounting and balancing machine, a Snap-on AC machine (R134a), a tire inflator/bead blaster, an Alpha TIG 200x welder, and a gasless plasma cutter, among other shop tools and equipment (a full list is available upon request). The business is currently booked for state inspections, oil changes, and general repairs, with the seller willing to convey booked jobs at closing. There's potential for the seller or an employee to remain on board for a negotiated period. This high-visibility, high-traffic location offers an established business ready for immediate operation or expansion. Sale terms are cash to the seller.

    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
    Milton
    County
    Strafford
    State
    New Hampshire
    Longitude
    -70.9905
    Latitude
    43.3928
    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
    $3,504
    $67,200
    $75,600
    $142,800
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

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      $1,275,000
      12,863 SF

      585 White Mtn Hwy

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      View Details
    • Value Estimation by Request
      4,405 SF

      570 White Mtn Hwy

      SHOW ROOM, WAREHOUSE • 4,405 SF
      570 White Mtn Hwy, Milton, NH 03851-4640
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    • Value Estimation by Request
      2,702 SF

      6 Dawson St

      SHOW ROOM, WAREHOUSE • 2,702 SF
      6 Dawson St, Milton, NH 03851-4547
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    • Value Estimation by Request
      2,318 SF

      549 White Mtn Hwy

      SHOW ROOM, WAREHOUSE • 2,318 SF
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    • Value Estimation by Request
      2,104 SF

      215 Frd Farm Rd

      SHOW ROOM, WAREHOUSE • 2,104 SF
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      1,380 SF

      131 Nutes Rd

      SHOW ROOM, WAREHOUSE • 1,380 SF
      131 Nutes Rd, Milton, NH 03851
      View Details

    Similar Nearby for Sale

    • $425,000
      1,878 SF

      High-Traffic Auto Garage for Sale

      Three-bay auto garage with equipment and high visibility.
      254 White Mountain Hwy, Milton, NH 03851
      View Details
    • New
      $599,000
      6,618 SF

      Waterfront Investment Building in Milton

      Mixed-use property with residential and commercial units, development potential.
      552 White Mountain Hwy, Milton, NH 03851
      View Details
    • New
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      Waterfront Investment Building in Milton

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    • $1,400,000
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      Milton Mixed-Use Property For Sale

      Mixed-use and hospitality property available in Milton, New Hampshire.
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    • $449,900
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      Milton Duplex with High Cap

      Spacious duplex in downtown Milton with an 11.15% cap rate.
      545 White Mountain Hwy, Milton, NH 03851
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    View Listing
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    Milton, NH 03851
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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.

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