553 Mast RdGoffstown, NH 03045

  • Super regional malls
  • 111,511 SF

Property Details for 553 Mast Rd

Year built
1975
Lot size
16.70 AC
Property size (Sq ft)
111,511 SF
Zone code
C
Property type
Super regional malls
APN
GOFF M:18 B:58B L:
APU
GOFFM18B58BL

Description

This exceptional retail property, located at 553 Mast Rd in Goffstown, New Hampshire, offers 23,047 square feet of commercial space with significant vacancy. The property is zoned C-Commercial and situated in Hillsborough County, zip code 03045. Multiple tenancy options are available, with a minimum divisible space of 2,000 square feet and a maximum contiguous space of 9,797 square feet. A substantial 21,447 square feet is currently vacant, presenting a unique opportunity for expansion or new tenancy. Ample parking is provided with 661 spaces, including 28 designated handicapped spaces. The property's prime location ensures high visibility and accessibility for businesses seeking a strong foothold in the Goffstown market. This versatile space is ideal for a variety of retail uses, and the substantial vacant space allows for customization to suit individual business needs. The property's convenient location and ample parking make it an attractive option for both businesses and customers. This is a rare opportunity to secure a significant retail presence in a thriving New Hampshire community. Contact us today to learn more about this exceptional property and its potential.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $27,101,066
    6.5%
    $25,016,368
    7%
    $23,229,484
  • Comparable approach

    Method
    Valuation
    Relative Method
    $36,716,468
    Geo Method
    $36,716,468
  • Alternative Use

    Use
    Valuation
    Residential
    $21,102,242
    Hospitality
    $19,329,540
    Educational
    $16,081,951
    Medical
    $16,635,034
    Retail
    $25,016,368

Location Insight

City
Goffstown
County
Hillsborough
State
New Hampshire
Latitude
43.0013
Longitude
-71.5153
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
$84,870
$3,520,900
$979,100
$4,500,000
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-
-
-

FAQs

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