Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    850 Perimeter Rd Manchester, NH 03103-3324

    • Industrial properties
    • 58,853 SF
    • 8.03 lot acres
    OFF-MARKET
    Value Estimations
    $840,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US58-0124146
    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

    • Jewell Instruments / Manufacturer
    • Triplett Test Equipment and Tools / Manufacturer
    • DGH Corporation / Electronic Parts Supplier / Electronics

    Property Details for 850 Perimeter Rd

    Year built
    1955
    Construction
    STEEL FRAME
    Lot size
    8.03 lot acres
    Property size
    58,853 SF
    Property type
    Industrial properties
    APN
    MNCH M:0848 B:000 L:0001
    APU
    MNCHM0848B000L0001

    Description

    This single-story, 7,800 square foot industrial space in Manchester, NH, is perfect for dry storage or light manufacturing. Located at 850 Perimeter Rd, 03103, this property boasts a 16-foot clear ceiling height, ideal for various uses. The space includes a fully air-conditioned area suitable for light manufacturing or a parts room, complemented by storage areas equipped with gas-fired space heaters and split systems for climate control. One shared loading dock facilitates efficient loading and unloading. The building, constructed in 1955, sits on a single level within a larger complex totaling 58,853 square feet. The property is zoned for industrial use and benefits from an excellent location in the airport area, providing easy access to major highways including I-93, I-293, and the Everett Turnpike. This Hillsborough County property offers a strategic advantage for businesses needing convenient transportation links. The space is available for lease starting March 1st, 2025. The property is classified as a warehouse and manufacturing space.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $840,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Manchester
    County
    Hillsborough
    State
    New Hampshire
    Longitude
    -71.4425
    Latitude
    42.9361
    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
    $48,316
    $508,900
    $2,052,900
    $2,561,800
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $950,000
      111,448 SF

      253 Abby Rd

      INDUSTRIAL (GENERAL) • 111,448 SF
      253 Abby Rd, Manchester, NH 03103-3300
      View Details
    • Value Estimation
      $335,000
      2,807 SF

      195 Beech St

      INDUSTRIAL (GENERAL) • 2,807 SF
      195 Beech St, Manchester, NH 03103-5708
      View Details
    • Value Estimation
      $725,000
      42,200 SF

      225 Perimeter Rd

      INDUSTRIAL (GENERAL) • 42,200 SF
      225 Perimeter Rd, Manchester, NH 03103-3334
      View Details
    • Value Estimation
      $380,000
      16,950 SF

      160 Bouchard St

      CONDOMINIUMS (INDUSTRIAL) • 16,950 SF
      160 Bouchard St, Manchester, NH 03103-3315
      View Details
    • Value Estimation
      $395,000
      11,995 SF

      99 Faltin Dr, Unit 1

      CONDOMINIUMS (INDUSTRIAL) • 11,995 SF
      99 Faltin Dr, Manchester, NH 03103-5755
      View Details
    • Value Estimation
      $200,000
      1,139 SF

      8030 Willow St, Unit 2-3

      CONDOMINIUMS (INDUSTRIAL) • 1,139 SF
      8030 Willow St, Manchester, NH 03103-2321
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      36,500 SF

      Manchester Industrial Warehouse

      88,250 SF Warehouse, Newly Renovated
      350 Gay St, Manchester, NH 03103
      View Details
    • Contact for pricing
      11,900 SF

      Industrial Property Near Manchester Airport

      Industrial property with paved yard space, close to Manchester Airport.
      10024 S Willow St, Manchester, NH 03103
      View Details
    • $2,700,000
      8,758 SF

      Prime Retail Location on Willow

      High-visibility retail property on South Willow Street in Manchester, NH.
      719 S Willow St, Manchester, NH 03103
      View Details
    • $749,999

      Manchester Specialty Property For Sale

      Specialty property available for purchase in Manchester, New Hampshire.
      328 Cedar St, Manchester, NH 03103
      View Details
    • $629,900
      3,036 SF

      Manchester Multi-Family Investment Opportunity

      Three-unit property with strong rental income potential near amenities.
      278 Auburn St, Manchester, NH 03103
      View Details
    • $3,500,000
      1.20 Acres

      Fully Occupied Manchester Retail Plaza

      Fully occupied 7-unit plaza on a 1.21 acre lot.
      333 Valley St, Manchester, NH 03103
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      43,996 SF

      Functional Commercial Space in Manchester

      Convenient Manchester location, ideal for contractor-type business.
      76 Maple St, Manchester, NH 03103
      View Details
    • $13 SF/Yr
      145,675 SF

      Manchester Airport Industrial Center

      8,000 SF Flex Space Available Now
      1050 Perimeter Rd, Manchester, NH 03103
      View Details
    • Contact for pricing
      83,184 SF

      Manchester Industrial Property

      83,184 SF Warehouse/Manufacturing
      1 Bouchard St, Manchester, NH 03103
      View Details
    • $12 SF/Yr
      2,957 SF

      Industrial Warehouse Space Available

      2,957 square foot warehouse space for lease.
      85 Faltin Dr, Manchester, NH 03103
      View Details
    • $12 SF/Yr
      9,120 SF

      Manchester Warehouse Space for Lease

      9,120 SF warehouse on 0.91 acres in Manchester, NH.
      211 Gay St, Manchester, NH 03103
      View Details
    • $8 SF/Yr
      76,000 SF

      Manchester Mill Building For Sale

      Historic Flex Space, High Occupancy
      60 Rogers 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.
    850 Perimeter Rd
    Manchester, NH 03103-3324
    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

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.