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Property profile & analytics
FOR SALE
Industrial properties

80 Laurel St Keene, NH 03431

303,888 SF 21.58 ac lot Built 1955
Entity Owned 11-yr Hold Absentee Owner Free & Clear
Property ID
US58-0595367
Property summary
AI-generated overview

This exceptional redevelopment opportunity presents a substantial 21.58-acre site in Keene, New Hampshire, featuring a vacant 303,888-square-foot mixed-use building. The property, located at 80 Laurel St, is zoned for opportunity zone investment and offers significant potential for repurposing. The existing structure, built in 1955, comprises two buildings and boasts a Class B rating. The layout includes a mix of office and industrial space, with ceiling heights ranging from 9 to 16 feet clear, and features over 100,000 square feet of high-bay assembly space. The property includes 17 overhead doors, varying in size from 8x8 feet to 14x20 feet, and ample parking for 400+ vehicles. The building is divisible, with spaces ranging from 1,000 to over 50,000 square feet, catering to a variety of redevelopment scenarios. Located in Keene's central business district, this property benefits from excellent access to major roadways and is situated within a thriving area encouraging multifamily, retail, office, and mixed-use developments. The sale is structured for a 1031 exchange, and the lease type is NNN. The seller is open to creative solutions and considering offers for portions of the property or subdivision. This is a prime opportunity to capitalize on the growing Keene market.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1955
Construction FRAME
Total area 303,888 SF
Lot 21.58 ac (940,025 SF)
Zoning code BGR
APN KEEN M:589 L:17
UPID US58-0595367
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$9.54M
Blend (final) Blend
$8.42M
Owner & transaction history
KINGSBURY ACQUISITION LLC
KINGSBURY ACQUISITION LLC
Zoning & alternative use
BGR · Keene, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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