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60 Exeter Rd Newmarket, NH 03857-1940

OFF-MARKET Commercial land Google Maps
0.81 ac lot
Entity Owned 28-yr Hold ~ Est. High Equity
Estimated value (blended)
$265k
Range $239k – $292k (±10%)
Property ID US58-0214385

Property summary

AI-generated overview

This exceptional 1,391+ rentable square foot office suite, located at 60 Exeter Road in Newmarket, NH, presents a fantastic leasing opportunity. Situated on the first floor of a well-maintained office building, Suite 103 offers a convenient and professional environment. Previously occupied by Great Bay Pediatrics, the space is ideally suited for medical practices or other professional businesses. The layout includes a welcoming waiting area, a reception area, two exam rooms (easily adaptable for other uses), a bathroom, and a spacious office that could easily function as an additional exam room. The building boasts a strong tenant roster, including established medical and professional businesses, creating a collaborative and reputable atmosphere. This prime Newmarket location provides easy access and ample parking for both staff and clients. The lease is a modified gross lease, meaning the tenant is responsible for utilities including electricity, propane, water/sewer, and internet/telephone services. This is a rare opportunity to secure a well-appointed office space in a thriving professional community. The building's location in Newmarket offers excellent accessibility and visibility. Don't miss this chance to establish your business in this desirable location.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.81 ac (35,501 SF)
Zoning code M2A
APN NMAR M:U4 B:11 L:2
UPID US58-0214385

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Pediatrician Physician
  • Physician
  • Pediatrician Medical Clinic
  • Pediatrician Physician

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 1998
1 recorded transaction
1998
$95,000

Zoning & alternative use

M2A · Newmarket, NH

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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