31 Stiles RdSalem, NH 03079

Property Details for 31 Stiles Rd

Year built

2013

Construction

STEEL FRAME

Lot size

8.81 AC

Property size (Sq ft)

50,048 SF

Zone code

CIB

Property type

Other commercial real estate

Property subtype

Showrooms

APN

SLEM M:106 B:11156 L:

APU

SLEMM106B11156L

Description

This exceptional two-story medical office building, constructed in 2013, offers a prime opportunity for healthcare professionals seeking modern, efficient space in Salem, New Hampshire. Located at 31 Stiles Rd, in Rockingham County, this single building comprises 46,682 square feet and features multiple tenancies. The building's strategic location provides convenient access for patients and staff alike. Currently, there are three available suites ranging in size from 1,097 to 2,590 square feet, perfect for a variety of medical practices. The building's modern design and efficient layout ensure optimal functionality and a comfortable environment for both patients and staff. The property's 2013 construction guarantees up-to-date amenities and systems, minimizing maintenance concerns and maximizing operational efficiency. This is an excellent opportunity to establish or expand your medical practice in a thriving community. The building's single-building structure simplifies management and offers a cohesive environment for tenants. Its location in Salem, NH, provides easy access to major transportation routes and a strong local patient base. Contact us today to schedule a viewing and explore the possibilities of establishing your practice in this desirable location. The zip code is 03079.

• CAP approach

  CAP return

  Valuation

  6%

  $12,163,411

  6.5%

  $11,227,764

  7%

  $10,425,781

• Comparable approach

  Method

  Valuation

  Relative Method

  $16,478,965

  Geo Method

  $16,478,965

• Alternative Use

  Use

  Valuation

  Residential

  $9,471,039

  Hospitality

  $8,675,421

  Educational

  $7,217,848

  Medical

  $7,466,081

  Retail

  $11,227,764

Location Insight

City

Salem

County

Rockingham

State

New Hampshire

Latitude

42.7719

Longitude

-71.2479

CBSA code

14460

CBSA name

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

Property Tax & Assessments

FAQs

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