1465 Woodbury AvePortsmouth, NH 03801

  • Commercial real estate
  • 19.26 AC

Property Details for 1465 Woodbury Ave

Lot size
19.26 AC
Zone code
G1
Property type
Commercial real estate
APN
PRSM M:0216 B:0003 L:
APU
PRSMM0216B0003L

Description

Portsmouth Plaza, located at 1465 Woodbury Ave, Portsmouth, NH 03801, presents a significant retail leasing opportunity. This free-standing building and shopping center in Rockingham County offers a total of 191,103 square feet, with 18,000 square feet currently available for lease. The property is classified as multi-tenant retail space, ideal for a variety of businesses seeking high visibility and accessibility. The substantial square footage provides ample room for expansion or the establishment of a large-scale retail operation. Its strategic location in Portsmouth, New Hampshire, ensures high foot traffic and exposure to a thriving consumer base. The property's precise location at 43.0883497 latitude and -70.7876525 longitude offers easy access for customers and employees alike. This is a rare opportunity to secure a prominent retail space in a desirable New Hampshire market. Interested parties are encouraged to inquire about lease terms and conditions to explore the potential of this exceptional retail property. The available space presents a blank canvas for a business to thrive in a well-established commercial area. Don't miss this chance to establish your presence in a vibrant and growing community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $157,200,000
    6.5%
    $145,108,000
    7%
    $134,743,000
  • Comparable approach

    Method
    Valuation
    Relative Method
    $109,619,000
    Geo Method
    $109,619,000
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $285,684,000
    Retail / Commercial
    $146,497,000
    Mixed-Use / Specialty
    $145,975,000
    Hospitality / Lodging
    $107,097,000
    Office
    $145,108,000
    Institutional / Educational
    $151,755,000
    Residential Income
    $177,554,000
    Multifamily
    $212,948,000
    Automotive / Energy
    $130,076,000
    Parking / Income-Based Land
    $44,887,600
    Restaurant / Food Service
    $75,922,800
    Healthcare / Senior Housing
    $149,695,000

Location Insight

City
Portsmouth
County
Rockingham
State
New Hampshire
Latitude
43.0883
Longitude
-70.7882
CBSA code
14460
CBSA name
BOSTON-CAMBRIDGE-QUINCY, MA-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
$499,432
$12,899,900
$18,063,000
$30,962,900
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-
-
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FAQs

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