151 Route 27Raymond, NH 03077

Property Details for 151 Route 27

Year built

1997

Construction

FRAME

Lot size

0.55 AC

Property size (Sq ft)

2,748 SF

Zone code

C1

Property type

Office buildings

APN

RAYM M:027-2 L:006

APU

RAYMM0272L006

Description

This exceptional 680+ square foot office space is available for lease at 151 Route 27 in Raymond, NH. Located on the second floor of a well-maintained office building, this unit offers a highly convenient location, close to Exit 5 of Route 101, ensuring easy access for clients and employees. The space is part of a larger building, presenting a unique opportunity for a business that complements the existing chiropractic practice on the first floor. The office is in excellent condition and features a comfortable HVAC system. A significant advantage is that all utilities are included in the monthly rent of $1400, eliminating unexpected expenses. The property sits on a 0.55-acre lot, providing ample parking and a professional atmosphere. This is an ideal space for a variety of service-based businesses seeking a well-appointed, easily accessible location with all utilities included. The total building size is 2,748 square feet, with this unit comprising approximately half of the second floor. This turnkey solution allows businesses to focus on growth and success without the burden of additional operational costs. The strategic location and all-inclusive rental price make this an exceptional opportunity for a business seeking a thriving environment in Raymond, NH.

• CAP approach

  CAP return

  Valuation

  6%

  $514,903

  6.5%

  $475,295

  7%

  $441,346

• Comparable approach

  Method

  Valuation

  Relative Method

  $359,054

  Geo Method

  $359,054

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $935,748

  Retail / Commercial

  $479,847

  Mixed-Use / Specialty

  $478,136

  Hospitality / Lodging

  $350,793

  Institutional / Educational

  $497,069

  Residential Income

  $581,570

  Multifamily

  $697,504

  Automotive / Energy

  $426,059

  Parking / Income-Based Land

  $147,028

  Restaurant / Food Service

  $248,682

  Healthcare / Senior Housing

  $490,319

Location Insight

City

Raymond

County

Rockingham

State

New Hampshire

Latitude

43.0393

Longitude

-71.1931

CBSA code

14460

CBSA name

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

Property Tax & Assessments

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