15 Londonderry RdLondonderry, NH 03038

Property Details for 15 Londonderry Rd

Year built

1985

Construction

CONCRETE

Lot size

4.36 AC

Property size (Sq ft)

22,080 SF

Zone code

C-II

Property type

Other commercial real estate

Property subtype

Showrooms

APN

LOND M:010 L:148-1

APU

LONDM010L1481

Description

This exceptional 10,000-square-foot flex space in Londonderry offers unparalleled convenience with its prime location directly off I-93 (Exit 5). The property, constructed in 1985, is a single, two-story Class B building featuring a total of 10,000 square feet, divisible into units as small as 2,000 square feet, with a maximum contiguous space of 10,000 square feet. The building boasts a 15-foot ceiling height and impressive 300 feet of frontage. Two loading docks provide efficient access for loading and unloading. Each 2,000 square foot bay includes one dock door, offering flexibility for various business needs. The property is zoned CII, allowing for a wide range of uses including retail, light industrial, research and development, warehousing, wholesale, and office space. Net rent is approximately $5 per square foot. Tenants are responsible for their own utilities. This versatile space presents a fantastic opportunity for businesses seeking a well-located, functional, and adaptable industrial or flex space. The combination of convenient access, ample space, and flexible zoning makes this property an ideal choice for a variety of commercial enterprises.

• CAP approach

  CAP return

  Valuation

  6%

  $5,366,211

  6.5%

  $4,953,426

  7%

  $4,599,609

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,270,132

  Geo Method

  $7,270,132

• Alternative Use

  Use

  Valuation

  Residential

  $4,178,400

  Hospitality

  $3,827,392

  Educational

  $3,184,345

  Medical

  $3,293,859

  Retail

  $4,953,426

Location Insight

City

Londonderry

County

Rockingham

State

New Hampshire

Latitude

42.8762

Longitude

-71.3409

CBSA code

14460

CBSA name

BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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