350 Gay St Manchester, NH 03103
Property profile & analytics
350 Gay St Manchester, NH 03103
- Warehouses
- 88,458 SF
- 3.32 lot acres
Property ID
US58-0301451
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.
Location Intelligence
Current Use by Public Records
- central paper / Corporate Office
Property Details for 350 Gay St
- Year built
- 1970
- Construction
- STEEL FRAME
- Lot size
- 3.32 lot acres
- Property size
- 88,458 SF
- Property type
- Warehouses
- APN
- MNCH M:0651A B:000 L:0015
- APU
- MNCHM0651AB000L0015
Description
This Hillsborough County industrial property, located at 350 Gay Street, offers 154,107 square feet of warehouse space, divisible to a minimum of 11,289 square feet and a maximum contiguous space of 40,461 square feet. The building, constructed in 1970 and renovated in 2006 and 2023, features a 26-foot clear height, 40' x 50' column spacing, and 11 loading docks (10 with levelers). The property includes one 2,100 lb. passenger elevator with dual openings and 66 paved parking spaces (expandable to 101). The building boasts a new energy-efficient corrugated wall siding, an air exchanger capable of refreshing the entire warehouse in four minutes, and LED lighting throughout. Utilities include Eversource electricity, Liberty Utilities gas, and City of Manchester water and sewer. The property sits on 3.32 acres of industrially zoned land (ERZ) in an industrial park, conveniently located off Exit 2 of I-293, one mile from the F.E. Everett Turnpike, and less than three highway miles from I-93. The building is wet sprinklered and includes three restrooms on the first floor and four on the second, plus a private restroom with a shower in the executive office. The 0.60-inch thick mechanically-fasted EPDM roof membrane has a 40-year warranty (installed December 2006). The 1200 AMP, three-phase, four-wire, 277/480-volt main power supply is ideal for various industrial uses. The property's proximity to the CSX Rail line offers potential rail access. Nearby amenities include the Airport Diner, fast-food restaurants, gas stations, convenience stores, the Holiday Inn, the Mall of New Hampshire, and various establishments on South Willow Street. This location provides excellent access to the Manchester Boston Regional Airport and major New Hampshire highways.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $7,900,000
- ML approach
- $8,075,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $14,315,000
- 6.5%
- $13,215,000
- 7%
- $12,270,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $7,010,000
Market price range: $6.50M - $10.7M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $8,425,000 Current use
- OFFICE BUILDING
- $16,135,000 Change: +91% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $14,790,000 Change: +76% Conversion: Easy
- INDUSTRIAL (GENERAL)
- $13,540,000 Change: +61% Conversion: Easy
- RETAIL STORES
- $12,470,000 Change: +48% Conversion: Moderate
- COMMERCIAL (GENERAL)
- $10,240,000 Change: +22% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Manchester
- County
- Hillsborough
- State
- New Hampshire
- Longitude
- -71.457
- Latitude
- 42.9451
- 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
$82,265
$175,400
$4,186,500
$4,361,900
-
$0.00
$0.00
$0.00
