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Property profile & analytics
FOR SALE
Manufacturing properties

99 Airport Rd Concord, NH 03301

26,332 SF 3.5 ac lot Built 1957
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US58-0398646
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1957
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 26,332 SF
Lot 3.5 ac (152,460 SF)
Zoning code IN
APN CNCD M:752Z B:2
UPID US58-0398646
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
$2.02M
Blend (final) Blend
$1.88M
Owner & transaction history
Jmc Airport Properties LLC · 7 yrs held
Jmc Airport Properties LLC
since 2019
5 recorded transactions
2019
Price N/A
2019
$700,000
2007
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
IN · Concord, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The Industrial (IN) District is established for the development of manufacturing, research and development facilities, wholesaling, warehousing, distribution, and offices, wherein full municipal utility services are available as is access to the City's collector and arterial streets, and adequate screening is provided for adjacent neighborhoods. Access may a…

Zone name Industrial District
General category INDUSTRIAL
Zone area 1,688.77 ac
Source Realmo
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