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Property profile & analytics
FOR LEASE
Showrooms

31 Stiles Rd Salem, NH 03079

50,048 SF 8.81 ac lot Built 2013
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US58-0342781
Property summary
AI-generated overview

This exceptional two-story medical office building, constructed in 2013, offers a prime opportunity for healthcare professionals seeking modern, efficient space in Salem, New Hampshire. Located at 31 Stiles Rd, in Rockingham County, this single building comprises 46,682 square feet and features multiple tenancies. The building's strategic location provides convenient access for patients and staff alike. Currently, there are three available suites ranging in size from 1,097 to 2,590 square feet, perfect for a variety of medical practices. The building's modern design and efficient layout ensure optimal functionality and a comfortable environment for both patients and staff. The property's 2013 construction guarantees up-to-date amenities and systems, minimizing maintenance concerns and maximizing operational efficiency. This is an excellent opportunity to establish or expand your medical practice in a thriving community. The building's single-building structure simplifies management and offers a cohesive environment for tenants. Its location in Salem, NH, provides easy access to major transportation routes and a strong local patient base. Contact us today to schedule a viewing and explore the possibilities of establishing your practice in this desirable location. The zip code is 03079.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 2013
Construction STEEL FRAME
Total area 50,048 SF
Lot 8.81 ac (383,764 SF)
Zoning code CIB
APN SLEM M:106 B:11156 L:
UPID US58-0342781
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
  • Dr. Uri Ahn Physician
  • Volker Kropp Physician
  • Hayden Nicholas Box Physician
  • Han-Ting Lin Medical Clinic Hospital
  • Dr. Scott Masterson Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$7.17M
Comparable Approach Comparable
$10.67M
Blend (final) Blend
$9.59M
Owner & transaction history
31 Stiles Rd LLC · 5 yrs held
31 Stiles Rd LLC
since 2020
4 recorded transactions
2025
Price N/A
2020
Price N/A
2012
Price N/A
2000
$600,000
Zoning & alternative use
CIB · Salem, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $13.2M +14.2%
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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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