4 Sanborn Rd Tilton, NH 03276
Property Lookup
Property profile & analytics
4 Sanborn Rd Tilton, NH 03276
- Showrooms
- 14,645 SF
- 1.97 lot acres
Property ID
US58-0639189
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
- Redbox / Cinema / (Bike/Boat/Book/etc) Store
- Western Union / Bank / Credit Union
- Walgreens Pharmacy / Pharmacy
- Cardtronics ATM / Atm
- Walgreens / Pharmacy
Property Details for 4 Sanborn Rd
- Year built
- 2008
- Lot size
- 1.97 lot acres
- Property size
- 14,645 SF
- Zone code
- REGION
- Property type
- Showrooms
- APN
- TILT M:00R23 B:000001 L:000000
- APU
- TILTM00R23B000001L000000
Description
This exceptional investment opportunity presents a 14,550-square-foot Walgreens pharmacy located at 4 Sanborn Rd, Tilton, NH 03276. Boasting a prime retail location just 500 feet from Interstate 93, this property benefits from significant daily traffic volume exceeding 33,000 vehicles on Route 3 and Sanborn Road. The property sits on a 1.97-acre lot and was constructed in 2008. The building is currently 100% occupied under a 25-year absolute NNN lease, with a remaining term of approximately 8.6 years, expiring June 29, 2033. The lease commenced June 30, 2008. The property generates a strong net operating income (NOI) of $515,000, resulting in an attractive 7.75% capitalization rate. This location is surrounded by a robust mix of national retailers, including Home Depot, Lowe's, Walmart, Tangier Outlets, Dunkin', Taco Bell, McDonald's, and Market Basket, ensuring high visibility and consistent customer traffic. The asking price for this exceptional retail investment is $6,645,162. This is a rare opportunity to acquire a high-performing, long-term leased asset in a thriving retail corridor. The property's strong tenant, excellent location, and substantial remaining lease term make it an ideal addition to any investment portfolio.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,250,000
- 6.5%
- $2,075,000
- 7%
- $1,930,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,449,000
- AI Estimate
- $1,792,000
Market price range: $1.31M - $2.99MMarket price range: $708k - $2.14M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,900,000 Current use
- OFFICE BUILDING
- $1,985,000 Change: +5% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Tilton
- County
- Belknap
- State
- New Hampshire
- Longitude
- -71.5661
- Latitude
- 43.4567
- CBSA code
- 29060
- CBSA name
- LACONIA, NH MICROPOLITAN 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
$44,279
$1,760,800
$739,400
$2,500,200
-
$0.00
$0.00
$0.00
