15 Hudson Park DrHudson, NH 03051

Property Details for 15 Hudson Park Dr

Year built

1979

Construction

STEEL FRAME

Lot size

8.79 AC

Property size (Sq ft)

145,344 SF

Zone code

ID

Property type

Other commercial real estate

Property subtype

Showrooms

APN

HDSO M:170 B:039 L:000

APU

HDSOM170B039L000

Description

15 Hudson Park Drive offers 144,000 square feet of versatile industrial space, perfect for manufacturing or warehousing operations. This multi-tenant property boasts a spacious layout with a high 24-foot ceiling clearance, providing ample room for storage and operations. Ten loading docks ensure efficient loading and unloading of goods. The building, constructed in 1978, is currently fully vacant, presenting a unique opportunity for a single tenant or multiple occupants to customize the space to their specific needs. The property sits on a sizable lot ranging from 6.2 to 8.795 acres. Power is robust, featuring 4000 AMPs, 277/480 Volts, and 3-phase service. Strategically located within Hudson's Economic Revitalization Zone, this property offers significant tax credit advantages for qualifying businesses, reducing their business profits tax. This is further enhanced by New Hampshire's favorable business environment, which includes the absence of both sales tax and a millionaires' tax. The industrial zoning ensures flexibility for a wide range of uses. This exceptional property presents a compelling investment opportunity in a thriving New Hampshire location. The entire 144,000 square feet is available for lease.

• CAP approach

  CAP return

  Valuation

  6%

  $35,323,664

  6.5%

  $32,606,460

  7%

  $30,277,428

• Comparable approach

  Method

  Valuation

  Relative Method

  $47,856,432

  Geo Method

  $47,856,432

• Alternative Use

  Use

  Valuation

  Residential

  $27,504,770

  Hospitality

  $25,194,222

  Educational

  $20,961,296

  Medical

  $21,682,188

  Retail

  $32,606,460

Location Insight

City

Hudson

County

Hillsborough

State

New Hampshire

Latitude

42.7748

Longitude

-71.3917

CBSA code

31700

CBSA name

MANCHESTER-NASHUA, NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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