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Property profile & analytics
FOR SALE
Industrial properties

275 Portsmouth Ave Stratham, NH 03885

115,652 SF 91 ac lot Built 1975
Entity Owned 11-yr Hold ~ Est. High Equity
Property ID
US58-0629829
Property summary
AI-generated overview

This exceptional 117,000-square-foot flex space presents a unique redevelopment opportunity. Situated on a sprawling 90-acre lot in Stratham, New Hampshire, this three-story Class B building, constructed in 1987 and renovated in 2024, offers immense potential. Originally a community college, the property boasts a flexible layout adaptable to various uses. The building features multiple office suites ranging from three to eight plus rooms, each with common areas, and individual rooms sized from 700 to 5,000 square feet. A kitchen unit is also available. The high ceilings, measuring 22 feet, add to the versatility. Ample parking is provided for 450+ vehicles. The property's strategic location on Route 33 offers easy access to Interstate 95 (Exit 3, 5-10 minute drive) and Route 101 in Exeter (5-10 minute drive). This prime location in the Seacoast region of New Hampshire presents a compelling investment opportunity for developers and businesses seeking a large, adaptable space with significant redevelopment potential. The seller is open to creative solutions and welcomes all inquiries. The property is available for sale or lease, with flex spaces available starting at 1,000 square feet and going up to 6,500+ square feet.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1975
Total area 115,652 SF
Lot 91 ac (3,963,960 SF)
Zoning code FLEX/M
APN STRH M:00022 B:000016 L:000000
UPID US58-0629829
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
Current use
Occupant on record · Public records
  • Panda transport llc Training Center Vocational School
  • BioGreen360 Waste Management Facility Hazardous Waste Disposal
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.20M
Blend (final) Blend
$6.81M
Owner & transaction history
Juliet Marine Realty LLC · 11 yrs held
Juliet Marine Realty LLC
since 2014
2 recorded transactions
2024
Price N/A
2014
$1.4M
Zoning & alternative use
FLEX/M · Stratham, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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