Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    329 Massabesic St Manchester, NH 03103
    Back to Search
    Property profile & analytics

    329 Massabesic St, Manchester, NH 03103

    View on Map
    • Parking lots & garages
    • 0.13 lot acres
    Off-Market
    Last Sale Dec 2, 2020
    $2,600,000
    Property ID
    US58-0207780
    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
    $2,945,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Parking lots & garages

    Property Details for 329 Massabesic St

    Lot size
    0.13 lot acres
    Property type
    Parking lots & garages
    APN
    MNCH M:0175 B:000 L:0023
    APU
    MNCHM0175B000L0023

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 2, 2020 $2,600,000 Tad LLC Ty-flot Holdings LLC Grant Deed $2.1M · St Marys Bk
    Aug 1, 2018 — Ty-flot Holdings LLC — Grant Deed · related $1.4M · Nbt Bk
    May 17, 2016 — Ty-flot Holdings LLC — Deed · related $2.7M · Nbt Bk
    Oct 14, 2011 $1,225,000 Ty Flot Holdings LLC Dgm Realty INC Warranty Deed $800k · Hampshire First Bank
    — — Ty-flot Holdings LLC — Loan Modification · related $2.7M · Nbt Bk

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $3,260,000
      ML approach
      $3,320,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Manchester
    County
    Hillsborough
    State
    New Hampshire
    Longitude
    -71.4412
    Latitude
    42.9832
    CBSA code
    31700
    CBSA name
    MANCHESTER-NASHUA, 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
    $1,058
    $52,300
    $3,800
    $56,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1.12 Acres

      Beech St

      PARKING LOT
      Beech St, Manchester, NH 03103
      View Details
    • Value Estimation by Request
      0.05 Acres

      Belmont St

      PARKING LOT
      Belmont St, Manchester, NH 03103
      View Details
    • Value Estimation by Request
      0.72 Acres

      Amherst St

      PARKING LOT
      Amherst St, Manchester, NH 03103
      View Details
    • Value Estimation by Request
      0.59 Acres

      Bedford St

      PARKING LOT
      Bedford St, Manchester, NH 03103
      View Details
    • Value Estimation by Request
      2.05 Acres

      Sargent Rd

      PARKING LOT
      Sargent Rd, Manchester, NH 03103
      View Details
    • Value Estimation
      $2,945,000
      0.51 Acres

      363 Taylor St

      PARKING LOT
      363 Taylor St, Manchester, NH 03103
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Established Auto Interior Restoration Business

      Auto and furniture restoration business opportunity in Southern NH & ME.
      223 Taylor St, Manchester, NH 03103
      View Details
    • Contact for pricing
      2,070 SF

      Jiffy Lube Investment Opportunity

      NNN leased Jiffy Lube with long-term extension and rent increases.
      283 S Willow St, Manchester, NH 03103
      View Details
    • Contact for pricing
      8,758 SF

      Prime Retail Location on Willow

      High-visibility retail property on South Willow Street in Manchester, NH.
      719 S Willow St, Manchester, NH 03103
      View Details
    • Contact for pricing
      3,170 SF

      Retail Space in Manchester, NH

      Retail space available for sale in Manchester, New Hampshire.
      47 Massabesic St, Manchester, NH 03103
      View Details
    • Contact for pricing

      High-Visibility Retail Building

      Single-level masonry retail building with free-span layout, basement, and 41 parking spaces on a level lot.
      25 S Maple St, Manchester, NH 03103
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Automotive Service and Storage Yard

      Gated, fenced yard with a service bay and offices, suited for towing, recovery, or fleet storage operations.
      272 Sheffield Rd, Manchester, NH 03103
      View Details
    • Contact for pricing
      67,954 SF

      Industrial Auto Service and Yard

      Lease an industrial towing/service site with gated, fully fenced yard capacity and service bay plus office space.
      272 Sheffield Rd, Manchester, NH 03103
      View Details
    • Contact for pricing

      Industrial Building on 1.7 Acres

      11,189 SF industrial building with large yard and high visibility.
      51 Faltin Dr, Manchester, NH 03103
      View Details
    • Contact for pricing

      Retail Space in Manchester, NH

      Retail spaces available with high traffic counts and pylon signage.
      1111 S Willow St, Manchester, NH 03103
      View Details
    • $2,200 /Mo

      Versatile Commercial Space For Lease

      Adaptable commercial space suitable for restaurant, retail, or office use.
      521 Wilson St, Manchester, NH 03103
      View Details
    • Contact for pricing
      68,644 SF

      Manchester Commons Anchor Space Available

      Dominant 68,644 SF anchor space in Manchester Commons shopping center.
      375 S Willow St, Manchester, NH 03103
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    329 Massabesic St
    Manchester, NH 03103
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    329 Massabesic St, Manchester, NH, 03103
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!