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    583 Daniel Webster Hwy Merrimack, NH 03054
    Property profile & analytics

    583 Daniel Webster Hwy Merrimack, NH 03054

    View on Map
    • Showrooms
    • 10,019 SF
    • 1.18 lot acres
    For Lease
    $14 SF/Yr
    View Listing →
    Merrimack Office Space For Rent For Lease
    $14 SF/Yr
    10,019 SF

    Merrimack Office Space For Rent

    Office space for rent in Merrimack, NH, Route 3.

    583 Daniel Webster Hwy, Merrimack, NH 3054
    View Listing
    Property ID
    US58-0452662
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Merrimack Tile Company / Carpet & Flooring Store / Hardware & Home Improvement
    • The Village Eatery / Restaurant
    • ELLE & CO. HAIR STUDIO / Hair Salon
    • Dr. Caroline Adams / Dental Office
    • Dr. Sreelatha Avvaru / Dental Office

    Property Details for 583 Daniel Webster Hwy

    Year built
    2009
    Construction
    FRAME
    Lot size
    1.18 lot acres
    Property size
    10,019 SF
    Zone code
    C1- LT
    Property type
    Showrooms
    APN
    MRMK M:06D-1 L:000096 S:000000
    APU
    MRMKM06D1L000096S000000

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,273,000
      Market price range: $1.10M - $2.27M
      AI Estimate
      $842,000
      Market price range: $547k - $1.64M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,610,000
      Current use
      AUTO REPAIR, GARAGE
      $1,770,000
      Change: +10% Conversion: Difficult
      RETAIL STORES
      $1,640,000
      Change: +2% Conversion: Easy
      OFFICE BUILDING
      $1,485,000
      Change: -7% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Merrimack
    County
    Hillsborough
    State
    New Hampshire
    Longitude
    -71.4792
    Latitude
    42.8808
    CBSA code
    31700
    CBSA name
    MANCHESTER-NASHUA, 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
    $25,970
    $468,000
    $867,200
    $1,335,200
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $7,125,000
      47,726 SF

      2 Executive Park Dr

      SHOW ROOM, WAREHOUSE • 47,726 SF
      2 Executive Park Dr, Merrimack, NH 03054-4058
      View Details
    • Value Estimation
      $525,000
      4,018 SF

      1 Mound Ct

      SHOW ROOM, WAREHOUSE • 4,018 SF
      1 Mound Ct, Merrimack, NH 03054-4488
      View Details
    • Value Estimation
      $2,560,000
      16,451 SF

      210 Naticook Rd

      SHOW ROOM, WAREHOUSE • 16,451 SF
      210 Naticook Rd, Merrimack, NH 03054-4601
      View Details
    • Value Estimation
      $695,000
      3,600 SF

      1 Peach Tree Ln

      SHOW ROOM, WAREHOUSE • 3,600 SF
      1 Peach Tree Ln, Merrimack, NH 03054-4337
      View Details
    • Value Estimation
      $5,275,000
      43,332 SF

      10 Al Paul Ln

      SHOW ROOM, WAREHOUSE • 43,332 SF
      10 Al Paul Ln, Merrimack, NH 03054-5801
      View Details
    • Value Estimation by Request
      2,468 SF

      36 Baboosic Lk Rd

      SHOW ROOM, WAREHOUSE • 2,468 SF
      36 Baboosic Lk Rd, Merrimack, NH 03054-3601
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,131 SF

      Merrimack Retail Space Available

      Retail space available for rent in Merrimack, New Hampshire.
      386 Daniel Webster Hwy, Merrimack, NH 03054
      View Details
    • Contact for pricing
      39,000 SF

      Industrial Parcel Approved for Development

      4.72 acre industrial parcel approved for 39,000 SF building.
      29 Manchester St, Merrimack, NH 03054
      View Details
    • Contact for pricing

      Commercial Land on Pioneer Way

      2.16 acre commercial land parcel for sale or lease.
      57 Daniel Webster Hwy, Merrimack, NH 03054
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      4,362 SF

      Medical Office Building For Sale

      Well-equipped medical office in Merrimack, NH, ideal for healthcare.
      1-2 Mound Ct, Merrimack, NH 03054
      View Details
    • $1,290,000
      7,104 SF

      Industrial/Office Property For Sale

      7,104 SF industrial/office property available for purchase.
      309 Daniel Webster Hwy, Merrimack, NH 03054
      View Details
    • $1,290,000

      Merrimack Office Building For Sale

      7,104 SF office building with long-term NNN tenant.
      309 Daniel Webster Hwy, Merrimack, NH 03054
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,500 SF

      Retail and Office Spaces Available

      Retail and office spaces for lease in Merrimack, New Hampshire.
      707 Milford Rd, Merrimack, NH 03054
      View Details
    • Contact for pricing
      6,392 SF

      Retail Space in Merrimack Center

      Premier shopping destination with strong visibility and high traffic.
      6 Dobson Way, Merrimack, NH 03054
      View Details
    • Contact for pricing
      2,400 SF

      Retail Space in Merrimack, NH

      Retail space available in a bustling shopping center.
      370 Daniel Webster Hwy, Merrimack, NH 03054
      View Details
    • Contact for pricing

      Merrimack Office Space For Rent

      7,050± SF office space near Route 3 and amenities.
      316 Daniel Webster Hwy, Merrimack, NH 03054
      View Details
    • Contact for pricing
      100,700 SF

      Proposed Warehouse/Distribution & Manufacturing Facility

      Proposed 100,700 SF warehouse/distribution and manufacturing facility for lease.
      59 Daniel Webster Hwy, Merrimack, NH 03054
      View Details
    View Listing
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    Merrimack, NH 03054
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    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.

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