Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    43 Broadway Derry, NH 03038

    • Commercial real estate
    • 6,222 SF
    • 0.11 lot acres
    OFF-MARKET
    Value Estimations
    $605,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US58-0141522
    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.

    Current Use by Public Records

    • Anthony's Cucina ( / Restaurant Or Cafe

    Property Details for 43 Broadway

    Year built
    1930
    Construction
    FRAME
    Lot size
    0.11 lot acres
    Property size
    6,222 SF
    Zone code
    CBD-TB
    Property type
    Commercial real estate
    APN
    DERY M:30 B:162
    APU
    DERYM30B162

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $381,000
      Market price range: $305k - $929k

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

    Location Insight

    • Map
    • Local Demand
    City
    Derry
    County
    Rockingham
    State
    New Hampshire
    Longitude
    -71.3244
    Latitude
    42.8816
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-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
    $11,089
    $119,500
    $416,700
    $536,200
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      33.45 Acres

      35 Manchester Rd

      COMMERCIAL (GENERAL) • 33.45 Acres
      35 Manchester Rd, Derry, NH 03038-3064
      View Details
    • Value Estimation by Request
      5.05 Acres

      185 Rockingham Rd

      COMMERCIAL (GENERAL) • 5.05 Acres
      185 Rockingham Rd, Derry, NH 03038-4518
      View Details
    • Value Estimation by Request
      1,632 SF

      81 Damren Rd

      COMMERCIAL (GENERAL) • 1,632 SF
      81 Damren Rd, Derry, NH 03038-5623
      View Details
    • Value Estimation
      $2,040,000
      23,768 SF

      16 Manning St

      COMMERCIAL (GENERAL) • 23,768 SF
      16 Manning St, Derry, NH 03038-2388
      View Details
    • Value Estimation by Request
      0.58 Acres

      27 Crystal Ave

      COMMERCIAL (GENERAL) • 0.58 Acres
      27 Crystal Ave, Derry, NH 03038-2415
      View Details
    • Value Estimation by Request
      0.80 Acres

      27 Franklin St

      COMMERCIAL (GENERAL) • 0.80 Acres
      27 Franklin St, Derry, NH 03038-2337
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      7,938 SF

      Derry, NH Commercial Space Available

      Iconic Masonic Temple: Office & Event Space
      58 Broadway St, Derry, NH 03038
      View Details
    • $495,000
      5.02 Acres

      Derry, NH Commercial Land - $495K

      5+ Acres, Commercial Zoning, Owner Financing
      69 Rte 28 Byp, Derry, NH 03038
      View Details
    • $799,000
      2,611 SF

      Derry, NH Auto Sales & Service Business

      Established Auto Business, High Traffic Location
      89 Broadway, Derry, NH 03038
      View Details
    • $3,000,000
      479.70 Acres

      Undeveloped Land in Derry, NH

      Almost 500 acres of undeveloped land in Derry, New Hampshire.
      12 Halls Vlg Rd, Derry, NH 03038
      View Details
    • $794,900

      Land For Sale

      Land available for purchase.
      19 Whitneys Grv Rd, Derry, NH 03038
      View Details
    • $549,900

      Derry Specialty Property For Sale

      Specialty property available for purchase in Derry, New Hampshire.
      8 Laurel St, Derry, NH 03038
      View Details

    Similar Nearby for Lease

    • $28 SF/Yr
      481 SF

      Derry Retail Space - Unit 110

      Affordable Derry retail space. Prime location, great visibility.
      16 Manning St, Derry, NH 03038, Derry, NH 03038
      View Details
    • $750 /Mo

      Derry NH First-Floor Office

      Affordable Derry NH office space with utilities included.
      4 Peabody Anx, Derry, NH 03038
      View Details
    • $12 SF/Yr
      12,300 SF

      Derry Office Space For Rent

      Office spaces available in Derry, New Hampshire, from 600-12,300 SF.
      34 Route 111, Derry, NH 03038
      View Details
    • $15 SF/Yr
      4,196 SF

      Retail Space in Derry, NH

      Versatile 4,196 SF retail space with high visibility.
      15 W Broadway, Derry, NH 03038
      View Details
    • $2,195 /Mo

      Derry Retail Storefront on Broadway

      Prime retail space in the heart of Downtown Derry, NH.
      8 East Broadway St, Derry, NH 03038
      View Details
    • Contact for pricing

      Derry NH Prime Office Space

      470 SF office space in the heart of Derry.
      6 West Broadway St, Derry, NH 03038
      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.
    43 Broadway
    Derry, NH 03038
    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

    Google sign-in failed. Please try again or use another login method.