58 Basin St Concord, NH 03301
- Auto shops
- 3,952 SF
- 2.80 lot acres
Current Use by Public Records
- Auto shops
Property Details for 58 Basin St
- Year built
- 1948
- Lot size
- 2.80 lot acres
- Property size
- 3,952 SF
- Zone code
- OCP
- Property type
- Auto shops
- APN
- CNCD M:792Z B:12
- APU
- CNCDM792ZB12
Description
This Concord, New Hampshire industrial property presents a unique investment opportunity. The offering encompasses a fully licensed and permitted scrap/recycling yard situated on approximately six acres of land comprised of five smaller parcels. The property includes a single-story warehouse building totaling 4,000 square feet, constructed in 1948 and renovated in 1980. The property is zoned for industrial use and benefits from convenient access to Highway 93/Everett Turnpike. The asking price is $2,000,000, translating to $500 per square foot. The property is currently operating as a scrap yard and is being sold as-is. The location is in Merrimack County, at 58 Basin Street, Concord, NH 03301, and is situated along the Merrimack River. The property consists of two buildings, and is classified as a Class B industrial warehouse. This is an owner-user investment opportunity.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $280,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $375,000
- 6.5%
- $350,000
- 7%
- $380,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $435,000
- Geo Method
- $420,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $405,000
- Retail
- $360,000
- Mixed-Use
- $440,000
- Hospitality
- $330,000
- Educational
- $355,000
- Residential Income
- $330,000
- Energy
- $375,000
- Income-Based Land
- $325,000
- Food Service
- $355,000
Location Insight
- Map
- Local Demand
- City
- Concord
- County
- Merrimack
- State
- New Hampshire
- Longitude
- -71.5223
- Latitude
- 43.1897
- CBSA code
- 18180
- CBSA name
- CONCORD, NH MICROPOLITAN STATISTICAL AREA
