Property profile

28 Portsmouth Ave Stratham, NH 03885

OFF-MARKET
Showrooms
Property ID
US58-0110783
111,093 SF 21.27 ac lot Built 1973
Entity Owned 8-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

The property consists of a retail unit within a shopping center with a total gross leasable area of 110,184 square feet, providing 17,579 square feet of available retail space. The shopping center is positioned directly across the street from a Market Basket, with frontage on Route 108 and a pylon sign. Access is provided via a signalized entrance, and the available space was formerly occupied by Rite Aid.

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1973
Total area 111,093 SF
Lot 21.27 ac (926,521 SF)
Zoning code GCBD
APN STRH M:00005 B:000001 L:000000
UPID US58-0110783

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Hardware & Home Improvement Building Supply
  • Restaurant
  • Physician
  • Building Supply Hardware & Home Improvement

Location

28 Portsmouth Ave Stratham, NH 03885-2550
Stratham metro Census 67000 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$6.61M
Blend (final) Blend
$9.14M

Owner & transaction history

Zoning & alternative use

GCBD · Stratham, NH
Zoning description

The intent of this District is to promote economic vitality, business diversity, accessibility, and visual appeal of the Route 108 or Portsmouth Avenue corridor in a manner that is consistent with the landscape and archi…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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