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Property profile & analytics
OFF-MARKET Estimated value $625,000
Super regional malls

37 Plaistow Rd Plaistow, NH 03865-2837

19,823 SF 2.6 ac lot Built 1988
Entity Owned 7-yr Hold Absentee Owner Free & Clear
Property ID
US58-0614102
Property summary
AI-generated overview

This exceptional retail opportunity encompasses 2,420 square feet within a single-story building at 37 Plaistow Road, Plaistow, NH 03865. Situated in the Great Elm Plaza, this corner unit boasts excellent visibility on Route 125, directly across from a popular supermarket. The property features convenient access with ample parking (25-50 spaces) and benefits from high traffic volume due to its location at a four-way traffic light. The space includes a restroom and offers the potential for division into two approximately 1210 sq ft units, each rentable for $2930 per month. The entire 2420 sq ft unit is also available. The building, constructed in 1988, is part of a larger plaza and totals 19,832 square feet. This property is offered as a Triple Net Lease. Another unit of 2593 square feet is also available within the same plaza for $6067 per month. The property sits on 2.6 acres of land and is served by electricity. This prime location provides unparalleled exposure and accessibility for any retail business seeking a thriving New Hampshire market presence, just over the Massachusetts border.

Property profile
Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1988
Construction FRAME
Total area 19,823 SF
Lot 2.6 ac (113,106 SF)
Zoning code C-1
APN PLSW M:25 B:013 L:000-000
UPID US58-0614102
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
  • Vacuum Cleaner Hospital Home Appliance Store (Bike/Boat/Book/etc) Store
  • Professional Martial Arts Academy Training Center Sports School
  • The UPS Store Courier Service Postal Service
  • 125 Bridal Boutique & Tux Clothing & Fashion Store
  • Chicken Connection Plaistow, NH Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$575k
CAP Approach CAP
by Request
Comparable Approach Comparable
$673k
Blend (final) Blend
$625k
Owner & transaction history
JALARAMBAPA LLC
JALARAMBAPA LLC
Zoning & alternative use
C-1 · Plaistow, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

"C1" - Commercial 1 A. Objectives and characteristics. With today's reliance on automobile transportation and Plaistow's being the commercial center for an area beyond its boundaries, provisions need to be made within the Town for areas to serve as regional commercial centers. These areas should have good highway access, adequate off -street parking, proper…

Zone name Commercial 1
General category COMMERCIAL
Zone area 531.54 ac
Source Chapter 220
Top alternative use upside
Medical building $870,000 +93.0%
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