99 Airport Rd Concord, NH 03301
- Manufacturing properties
- 26,332 SF
- 3.50 lot acres
Current Use by Public Records
- Manufacturing properties
Property Details for 99 Airport Rd
- Year built
- 1957
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 3.50 lot acres
- Property size
- 26,332 SF
- Zone code
- IN
- Property type
- Manufacturing properties
- APN
- CNCD M:752Z B:2
- APU
- CNCDM752ZB2
Description
This exceptional 26,332 square foot industrial property, situated on a 3.5-acre lot at 99 Airport Road in Concord, NH, presents a unique investment opportunity. Its prime location directly adjacent to the Concord Airport offers unparalleled convenience and accessibility, with quick access to Interstate 93. The existing layout is well-suited for both office and manufacturing/shipping operations, featuring a design that easily accommodates two separate tenancies. This dual-tenancy configuration provides the potential for significant supplemental income, making it ideal for owner-occupants seeking to maximize their return on investment. The property boasts extensive paved yard space, a valuable asset for businesses requiring ample outdoor storage or operational areas. A significant advantage is the inclusion of grandfathered access to the airport runway, a benefit that will continue for the lifetime of the property. This versatile property offers considerable flexibility for a variety of uses and presents a rare chance to acquire a substantial industrial space in a highly desirable location. The asking price is $1,250,000. Serious inquiries are encouraged.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $625,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $645,000
- 6.5%
- $610,000
- 7%
- $660,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $730,000
- Geo Method
- $655,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $530,000
- Retail
- $685,000
- Mixed-Use
- $670,000
- Hospitality
- $615,000
- Educational
- $565,000
- Residential Income
- $710,000
- Energy
- $595,000
- Income-Based Land
- $665,000
- Food Service
- $525,000
Location Insight
- Map
- Local Demand
- City
- Concord
- County
- Merrimack
- State
- New Hampshire
- Longitude
- -71.5074
- Latitude
- 43.2023
- CBSA code
- 18180
- CBSA name
- CONCORD, NH MICROPOLITAN STATISTICAL AREA