32 Library StAllenstown, NH 03275

Property Details for 32 Library St

Year built

1969

Construction

FRAME

Lot size

3.10 AC

Property size (Sq ft)

10,451 SF

Zone code

R1 - R

Property type

Showrooms

APN

ALLE M:00111 L:000046 S:000000

APU

ALLEM00111L000046S000000

Description

This exceptional industrial property, located at 32 Library St, Allenstown, NH 03275, presents a rare opportunity for acquisition. The single-story, 8,703 square foot building sits on a generous 3.1-acre lot and is zoned R1. Constructed in 1969, the structure boasts a clear-span, truss design, creating a large, open floor plan ideal for various uses. The property features a 15-foot clear height, one drive-in door, and is fully air-conditioned. A robust security system is in place. Previous use as an optical lab highlights the suitability for manufacturing, research and development, or warehouse operations. Significant infrastructure includes a 1,600 amp, 3-phase power delivery system and floor drains. The property's strategic location offers convenient access to major transportation routes, being just four miles from I-93 and a half-mile from downtown Suncook. This versatile property is ready for its next chapter and presents a compelling investment opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $1,977,000

  6.5%

  $1,824,920

  7%

  $1,694,570

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,420,150

  Geo Method

  $1,420,150

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $3,558,770

  Mixed-Use / Specialty

  $1,818,410

  Hospitality / Lodging

  $1,334,110

  Office

  $1,807,610

  Institutional / Educational

  $1,890,420

  Residential Income

  $2,211,790

  Multifamily

  $2,652,700

  Automotive / Energy

  $1,620,360

  Parking / Income-Based Land

  $559,165

  Restaurant / Food Service

  $945,771

  Healthcare / Senior Housing

  $1,864,750

Location Insight

City

Allenstown

County

Merrimack

State

New Hampshire

Latitude

43.1288

Longitude

-71.4514

CBSA code

18180

CBSA name

CONCORD, NH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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