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Property profile & analytics
OFF-MARKET Estimated value $1,895,000
Industrial properties

59 Optical Ave Keene, NH 03431-4320

53,280 SF 5.55 ac lot Built 1974
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US58-0609381
Property summary
AI-generated overview

This exceptional 53,280-square-foot industrial property, located at 59 Optical Avenue in Keene, New Hampshire, is available for sale or lease. Built in 1974 and situated on a 5.5-acre lot within a prominent industrial park, this facility offers a versatile space ideal for manufacturing and flex uses. The building features a two-story design, with 36,960 square feet dedicated to manufacturing space and an additional 16,320 square feet of office space spread across a first and second-floor mezzanine. The property boasts a 16-foot ceiling height, enhancing operational efficiency. Loading and unloading are facilitated by three loading docks and two drive-in doors, offering ample flexibility for material handling. Ample parking is available for approximately 110 vehicles. The property is zoned Industrial-P and benefits from excellent access to major transportation routes, including direct access to Route 101 and proximity to US Route 9, placing it within a 30-mile radius of the Vermont border. The property is currently entirely vacant and divisible to a minimum of 12,000 square feet, offering flexibility for various business needs. The property enjoys a strategic location amongst notable businesses such as Timken, Sting Ray, Smiths Medical, and Paragon Digital Media. This presents a unique opportunity to acquire a well-located, sizable industrial facility in a thriving New Hampshire market. The property is located in Cheshire County, with a zip code of 03431.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1974
Total area 53,280 SF
Lot 5.55 ac (241,758 SF)
Zoning code IP
APN KEEN M:241 L:6
UPID US58-0609381
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • The Mountain Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.94M
Blend (final) Blend
$1.90M
Owner & transaction history
Jp Irving LLC · 2 yrs held
Jp Irving LLC
since 2023
1 recorded transaction
2023
Price N/A
Zoning & alternative use
IP · Keene, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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