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Property profile & analytics
OFF-MARKET Estimated value $250,000
Banks

256 Wallace Rd Bedford, NH 03110-5143

3,744 SF 1.74 ac lot Built 2004
Entity Owned 22-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US58-0691221
Property summary
AI-generated overview

This exceptional 3,744-square-foot executive office space is situated on a 1.74-acre lot at 256 Wallace Road in Bedford, New Hampshire, 03110. Built in 2004, this single-story building boasts a single tenancy and is currently vacant, presenting a unique opportunity for a discerning business. The property features modern HVAC and six individual offices, making it ideal for a variety of uses. Previously a bank, the building's layout could easily accommodate a restaurant, retail business, or medical office. The zoning is CO. Its prime location at a lighted intersection on busy Route 101 (25,000 vehicles per day) ensures high visibility and accessibility. The property benefits from excellent signage opportunities and is conveniently located adjacent to a high-performing Walgreens, indicating strong local demographics. The ample parking provides 5 spaces per 1000 square feet, totaling approximately 19 spaces. The Assessor's Parcel Number (APN) is 20-38-1. This meticulously converted historic barn offers a blend of character and modern functionality, making it a truly exceptional commercial property.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 2004
Construction FRAME
Total area 3,744 SF
Lot 1.74 ac (75,794 SF)
Zoning code CO
APN BEDD M:20 B:38 L:1
UPID US58-0691221
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k
Owner & transaction history
90 West River Road LLC · 22 yrs held
90 West River Road LLC
since 2004
2 recorded transactions
2004
Price N/A
2004
Price N/A
Zoning & alternative use
CO · Bedford, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

CO), Commercial-2 (CO-2), Performance Zone (PZ) and Office (OF) Districts. (2) The Planning Board may grant a conditional use permit in accordance with this subsection, upon reaching a determination that an applicant has successfully demonstrated that the proposal meets the purpose statements and development standards specified below. (3) Purpose. The purpos…

Zone name Commercial
General category COMMERCIAL
Zone area 328.42 ac
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