121 Technology DrDurham, NH 03824

Property Details for 121 Technology Dr

Year built

1986

Construction

STEEL FRAME

Lot size

142.77 AC

Property size (Sq ft)

440,697 SF

Zone code

ORLI

Property type

Life science properties

APN

DRHM M:204 L:2

APU

DRHMM204L2

Description

This exceptional 176-acre industrial campus at 121 Technology Drive offers unparalleled flexibility for build-to-suit opportunities. The existing 842,000 square foot, two-story warehouse is currently vacant and available for immediate occupancy, divisible into units as small as 162,000 square feet, with a maximum contiguous space of 500,000 square feet. The property presents a unique chance to develop an additional 500,000+ square feet across one or more buildings, catering to a variety of tenant needs. Whether you require a large, single-tenant facility or multiple smaller units, this location provides the scalability to meet your specific requirements. Building amenities include a state-of-the-art fitness center, collaborative workspaces, modern meeting rooms and ample conference space, an on-site cafeteria, and an impressive two-story lobby. The high ceilings, measuring 36 feet, provide ample vertical space for various industrial uses. This prime location offers significant potential for businesses seeking a modern, efficient, and expansive warehouse solution. The expansive 176-acre lot provides ample room for expansion and future development. Contact us today to discuss your build-to-suit options and explore the possibilities of establishing your operations at this exceptional industrial campus.

• CAP approach

  CAP return

  Valuation

  6%

  $162,571,000

  6.5%

  $150,066,000

  7%

  $139,347,000

• Comparable approach

  Method

  Valuation

  Relative Method

  $92,130,400

  Geo Method

  $92,130,400

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $76,953,000

  Mixed-Use / Specialty

  $76,678,700

  Hospitality / Lodging

  $56,256,700

  Office

  $76,223,200

  Institutional / Educational

  $79,714,900

  Residential Income

  $93,266,500

  Multifamily

  $111,859,000

  Automotive / Energy

  $68,327,100

  Parking / Income-Based Land

  $23,578,800

  Restaurant / Food Service

  $39,881,200

  Healthcare / Senior Housing

  $78,632,600

Location Insight

City

Durham

County

Strafford

State

New Hampshire

Latitude

43.154

Longitude

-70.9524

CBSA code

14460

CBSA name

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

Property Tax & Assessments

FAQs

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