360 Route 101Bedford, NH 03110

  • Office properties
  • 1,820 SF
For Sale
$525,000 View listing

Property Details for 360 Route 101

Year built
1987
Property size (Sq ft)
1,820 SF
Zone code
CO
Property type
Office properties
Property subtype
Other office properties
APN
BEDD M:31 B:1 L:3-12A
APU
BEDDM31B1L312A

Description

This exceptional 7,088-square-foot single-tenant office building, located at 360 Route 101, Unit 11, Bedford, NH 03110, presents a unique investment opportunity. Currently vacant and ready for immediate occupancy, the property boasts 4,644 square feet of available space. Built in 1987, this one-story Class B building features abundant parking in various parking pods, catering to the needs of employees and clients. The property is zoned commercial and sits on a 7,088-square-foot lot (APN: 31-1-2) in Hillsborough County. The building's versatile design, suitable for executive office, medical office, or mixed-use purposes, offers numerous possibilities. Interior features include multiple operable windows and a finished lower level ideal for conferences or training. The property enjoys a park-like setting, combining a tranquil atmosphere with the convenience of a well-established retail and office district. Annual property taxes are $1.24 per square foot. This is a rare chance to acquire a well-situated, versatile office space in a desirable Bedford location. The property's combination of ample space, convenient amenities, and prime location makes it an attractive option for a variety of businesses.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $300,900
    6.5%
    $277,754
    7%
    $257,915
  • Comparable approach

    Method
    Valuation
    Relative Method
    $237,801
    Geo Method
    $237,801
  • Alternative Use

    Use
    Valuation
    Residential
    $344,415
    Hospitality
    $315,482
    Educational
    $262,478
    Medical
    $271,505
    Retail
    $408,299
360 Route 101, Bedford, New Hampshire

Location Insight

City
Bedford
County
Hillsborough
State
New Hampshire
Latitude
42.92
Longitude
-71.5395
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
$2,908
-
$196,500
$196,500
-
-
-
-

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