Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    59 Depot Rd Manchester, NH 03103-6803
    Back to Search
    Property profile & analytics

    59 Depot Rd, Manchester, NH 03103-6803

    View on Map
    • Commercial land
    • 0.14 lot acres
    Off-Market
    Property ID
    US58-0188615
    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

    • Commercial land

    Property Details for 59 Depot Rd

    Lot size
    0.14 lot acres
    Property type
    Commercial land
    APN
    MNCH M:0149 B:000 L:0018
    APU
    MNCHM0149B000L0018

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 9, 2008 — 36 Granite St Assoc LLC — Deed Of Trust · related $649k · The Richard L Trombly

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Manchester
    County
    Hillsborough
    State
    New Hampshire
    Longitude
    -71.4649
    Latitude
    42.986
    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
    $2,395
    $127,000
    $0.00
    $127,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.63 Acres

      Castle Dr

      VACANT COMMERCIAL LAND
      Castle Dr, Manchester, NH 03103
      View Details
    • Value Estimation by Request
      0.11 Acres

      Cleveland St

      VACANT COMMERCIAL LAND
      Cleveland St, Manchester, NH 03103
      View Details
    • Value Estimation by Request
      0.11 Acres

      Pne St

      VACANT COMMERCIAL LAND
      Pne St, Manchester, NH 03103
      View Details
    • Value Estimation by Request
      7.38 Acres

      Sheffield Rd

      VACANT COMMERCIAL LAND
      Sheffield Rd, Manchester, NH 03103
      View Details
    • Value Estimation by Request
      0.09 Acres

      725 Huse Rd

      VACANT COMMERCIAL LAND
      725 Huse Rd, Manchester, NH 03103-2302
      View Details
    • Value Estimation by Request
      0.18 Acres

      Blaine St

      VACANT COMMERCIAL LAND
      Blaine St, Manchester, NH 03103
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      72,553 SF

      Prime Redevelopment Land in Manchester

      2.5 acre site in Manchester's redevelopment zone.
      121 Valley St, Manchester, NH 03103
      View Details
    • Contact for pricing
      156,826 SF

      Prime Manchester Redevelopment Opportunity

      14-acre parcel with redevelopment potential in Manchester, New Hampshire.
      365 Lincoln St, Manchester, NH 03103
      View Details
    • Contact for pricing

      High Visibility Commercial Location

      8030 SF building with redevelopment potential and ample parking.
      25 S Maple St, Manchester, NH 03103
      View Details
    • $99,000
      Pending

      Undeveloped Lot For Sale

      Undeveloped lot available for sale.
      152 Oakdale Ave, Manchester, NH 03103
      View Details
    • $429,999
      Pending

      Land For Sale Manchester

      Land available in Manchester, New Hampshire.
      84 S Fremont St, Manchester, NH 03103
      View Details
    • $750,000
      41.00 Acres

      Industrial Zoned Land Parcel

      City-owned industrial-zoned land in Manchester offers a large footprint for industrial and commercial development planning.
      lot 719-1 & 2 Sheffield Rd, Manchester, NH 03103
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      South Willow Street Outparcel Opportunity

      Land for lease on South Willow Street with high traffic.
      777 South Willow St, Manchester, NH 03103
      View Details
    • Contact for pricing

      Retail Pad Development Site

      0.71 acre retail pad site for ground lease.
      250 S Willow St, Manchester, NH 03103
      View Details
    • Contact for pricing

      Perimeter Road Commercial Land Parcel

      19+ acre commercial land parcel near Manchester Airport.
      1050 Perimeter Rd, Manchester, NH 03103
      View Details
    • Contact for pricing

      Industrial Building on 1.7 Acres

      11,189 SF industrial building with large yard and high visibility.
      51 Faltin Dr, Manchester, NH 03103
      View Details
    • $20 SF/Yr

      Prime Manchester Location for Lease

      Exceptional property with modern amenities, suitable for office or retail.
      777 S Willow St, Manchester, NH 03103
      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.
    59 Depot Rd
    Manchester, NH 03103-6803
    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

    Thank You for Inquiry
    59 Depot Rd, Manchester, NH, 03103
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!