99 Airport Rd Concord, NH 03301
For Sale
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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.
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…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
IN · Concord, NHThe 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 also be available to rail or air transportation within the IN District.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.