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Property profile & analytics
OFF-MARKET Estimated value $520,000
Manufacturing properties

363 Pickering Rd Rochester, NH 03867-4631

18,888 SF 4.58 ac lot Built 1987
Individually Owned 21-yr Hold ~ Est. High Equity
Property ID
US58-0158940
Property summary
AI-generated overview

This exceptional 18,888 square foot office and flex-industrial building is situated on a 4.58-acre lot in Rochester, New Hampshire, offering a rare opportunity on the Seacoast. The property boasts a versatile layout, ideal for a variety of businesses. The upper level comprises approximately 13,000 square feet of modern office space, featuring a welcoming lobby, reception area, a dedicated conference room, a convenient break room and kitchen, and dual restrooms for employee and visitor convenience. A separate data center room and ample open office space are also included, readily adaptable to cubicles or open-plan configurations. The lower level provides 5,500 square feet of industrial shop space, featuring 988 square feet of two-story clear height, perfect for storage or light manufacturing. Access is provided by one 14-foot and one 10-foot overhead drive-in door. Additional amenities on the lower level include separate restrooms and a well-equipped locker room complete with a fitness area and a racketball court. The current tenant is currently negotiating a new lease, and the net operating income (NOI) is pro forma. This property presents a unique blend of office and industrial space, making it an attractive investment opportunity in a desirable Seacoast location. The expansive lot size offers ample room for expansion or future development. The property's versatile design and prime location make it an excellent choice for a variety of businesses seeking a functional and well-appointed space.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1987
Construction STEEL FRAME
Total area 18,888 SF
Lot 4.58 ac (199,505 SF)
Zoning code IND
APN RCHE M:0257 B:0055 L:0000
UPID US58-0158940
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
  • OASIS Alignment Services Engineering Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$525k
CAP Approach CAP
by Request
Comparable Approach Comparable
$517k
Blend (final) Blend
$520k
Owner & transaction history
E Allen T George · 21 yrs held
E Allen T George
since 2005
4 recorded transactions
2025
Price N/A
2013
Price N/A
2005
$800,000
1969
Price N/A
Zoning & alternative use
IND · Rochester, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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