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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    604 Daniel Webster Hwy Merrimack, NH 03054-2743

    • Commercial real estate
    • 14,496 SF
    • 5.86 lot acres
    OFF-MARKET
    Last Sale
    Jul 18, 2022
    $1,040,000
    Value Estimations
    $1,025,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US58-0030619
    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.

    Current Use by Public Records

    • PreSeis Inc / Consultant / Excavating Contractor
    • Farmhouse Salon Suites / Hair Salon / Nail Salon
    • Clean Cut Jewels Barbershop / Barber Shop
    • Beautify, PLLC / Spa & Massage Center / Alternative Medicine Practice
    • The Hair Lounge NH / Hair Salon

    Property Details for 604 Daniel Webster Hwy

    Year built
    1890
    Lot size
    5.86 lot acres
    Property size
    14,496 SF
    Zone code
    C1- LT
    Property type
    Commercial real estate
    APN
    MRMK M:06D-1 L:000039 S:000000
    APU
    MRMKM06D1L000039S000000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,100,000
      ML approach
      $915,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $790,000
      Market price range: $791k - $2.37M

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

    Location Insight

    • Map
    • Local Demand
    City
    Merrimack
    County
    Hillsborough
    State
    New Hampshire
    Longitude
    -71.4766
    Latitude
    42.8845
    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
    $16,221
    $452,300
    $381,700
    $834,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $550,000
      3,470 SF

      227 Daniel Webster Hwy

      SHOW ROOM, WAREHOUSE • 3,470 SF
      227 Daniel Webster Hwy, Merrimack, NH 03054-4807
      View Details
    • Value Estimation
      $1,105,000
      8,098 SF

      425 Daniel Webster Hwy

      SHOW ROOM, WAREHOUSE • 8,098 SF
      425 Daniel Webster Hwy, Merrimack, NH 03054-4110
      View Details
    • Value Estimation
      $3,695,000
      38,729 SF

      717 Milford Rd

      SHOW ROOM, WAREHOUSE • 38,729 SF
      717 Milford Rd, Merrimack, NH 03054-4611
      View Details
    • Value Estimation
      $895,000
      4,643 SF

      709 Milford Rd

      COMMERCIAL (GENERAL) • 4,643 SF
      709 Milford Rd, Merrimack, NH 03054
      View Details
    • Value Estimation
      $11,790,000
      131,191 SF

      721 Milford Rd

      COMMERCIAL (GENERAL) • 131,191 SF
      721 Milford Rd, Merrimack, NH 03054-4611
      View Details
    • Value Estimation
      $4,735,000
      51,000 SF

      53 Turbine Way

      SHOW ROOM, WAREHOUSE • 51,000 SF
      53 Turbine Way, Merrimack, NH 03054-4129
      View Details

    Similar Nearby for Sale

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      Merrimack Commercial Trio - Prime Location

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      5.60 Acres

      Merrimack 55+ Housing Land

      Prime 5.6-acre site for senior living.
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      Industrial Condo Unit For Sale

      4,000 SF industrial condo available for owner-occupancy in 2026.
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      Commercial Land on Pioneer Way

      2.16 acre commercial land parcel for sale or lease.
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      Well-equipped medical office in Merrimack, NH, ideal for healthcare.
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    Similar Nearby for Lease

    • Contact for pricing
      100,700 SF

      61 Daniel Webster Hwy

      Distribution properties • 100,700 SF
      61 Daniel Webster Hwy, Merrimack, NH 03054
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      359,309 SF

      Merrimack Warehouse: Prime Location

      Class A industrial space, flexible layouts.
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    • 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
    • New
      Contact for pricing

      Merrimack Office Space For Lease

      Well-located office suite with three private offices and in-unit bathroom.
      579 Daniel Webster Hwy, Merrimack, NH 03054
      View Details
    • $12 SF/Yr
      56,712 SF

      Merrimack Office Space for Lease

      Prime 2nd Floor Office, Excellent Location
      316 Daniel Webster Hwy, Merrimack, NH 03054
      View Details
    • Contact for pricing

      Highly Visible Pad Site Available

      1.5 acre pad site for lease on Daniel Webster Highway.
      633 Daniel Webster Hwy, Merrimack, NH 03054
      View Details

    Property Visit Statistics

    • Visits by month
      7.4k
    • Visitors by month
      5.1k
    • Avg Time on site
      5 min
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    Merrimack, NH 03054-2743
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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.

    More about this property
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