44 Newmarket Rd Durham, NH 03824
- Office buildings
- 5,250 SF
- 1.75 lot acres
Current Use by Public Records
- Office buildings
Property Details for 44 Newmarket Rd
- Year built
- 1985
- Construction
- FRAME
- Lot size
- 1.75 lot acres
- Property size
- 5,250 SF
- Zone code
- RB
- Property type
- Office buildings
- APN
- DRHM M:114 L:43
- APU
- DRHMM114L43
Description
This exceptional 5,250 square foot office suite is ideally located near the University of New Hampshire in Durham, NH. Situated on a 1.75-acre lot, this second-floor space boasts a unique advantage: a private, ground-level entrance at the front of the building, creating a welcoming and professional atmosphere. The entrance features a convenient coat closet/storage area. Inside, you'll find two private offices, a spacious common area perfect for collaboration or client meetings, and a full bathroom. The property benefits from highly visible road signage, ensuring easy identification for clients and customers. Ample paved parking is available on the large lot, providing convenient access for both tenants and visitors, including delivery services. The building offers a diverse mix of professional tenants, including family counseling, financial advisory, and consulting services, creating a collaborative and supportive environment. This versatile space is well-suited for a variety of professional uses, such as service providers, insurance agencies, real estate firms, legal practices, architectural firms, and more. In addition to the monthly rent of $1100, a monthly escrow of approximately $6 per square foot will cover taxes and utilities. The property is readily available for immediate occupancy and easy to show.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $585,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $500,000
- 6.5%
- $540,000
- 7%
- $545,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $490,000
- Geo Method
- $585,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $480,000
- Retail
- $480,000
- Mixed-Use
- $560,000
- Hospitality
- $460,000
- Educational
- $625,000
- Residential Income
- $505,000
- Energy
- $600,000
- Income-Based Land
- $530,000
- Food Service
- $540,000
Location Insight
- Map
- Local Demand
- City
- Durham
- County
- Strafford
- State
- New Hampshire
- Longitude
- -70.9189
- Latitude
- 43.1273
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA