56 Davidson DrFarmington, NH 03835

Property Details for 56 Davidson Dr

Year built

1978

Lot size

10.00 AC

Property size (Sq ft)

62,890 SF

Zone code

IB IND

Property type

Industrial properties

APN

FRMN M:R36 L:002 S:0-0 U:0

APU

FRMNMR36L002S00U0

Description

This exceptional 61,972-square-foot industrial warehouse, situated on a spacious 10-acre lot in Strafford County, presents a significant leasing opportunity. The property boasts a single-tenant occupancy, offering complete control and flexibility for the ideal business. The warehouse features a substantial 32-foot clear ceiling height, providing ample vertical space for storage and operations. Loading and unloading are facilitated by three conveniently located loading docks and three drive-in doors, ensuring efficient material handling. The property is equipped with robust electrical service, including 1,000 amps of 120-480v 3-phase heavy power, suitable for demanding industrial applications. Its strategic location just off Route 11 provides excellent visibility and accessibility, further enhanced by the availability of monument signage. The property is zoned for Industrial Business (IB), allowing for a wide range of industrial uses. This warehouse offers a rare combination of size, functionality, and location, making it an ideal choice for businesses seeking a high-quality industrial space in a prime Strafford County location. The expansive lot size provides ample room for expansion or future development. The combination of high ceilings, ample power, and convenient loading options makes this property well-suited for a variety of industrial tenants.

• CAP approach

  CAP return

  Valuation

  6%

  $23,199,900

  6.5%

  $21,415,300

  7%

  $19,885,600

• Comparable approach

  Method

  Valuation

  Relative Method

  $13,147,500

  Geo Method

  $13,147,500

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $10,981,600

  Mixed-Use / Specialty

  $10,942,500

  Hospitality / Lodging

  $8,028,160

  Office

  $10,877,500

  Institutional / Educational

  $11,375,800

  Residential Income

  $13,309,700

  Multifamily

  $15,962,900

  Automotive / Energy

  $9,750,670

  Parking / Income-Based Land

  $3,364,840

  Restaurant / Food Service

  $5,691,270

  Healthcare / Senior Housing

  $11,221,300

Location Insight

City

Farmington

County

Strafford

State

New Hampshire

Latitude

43.3751

Longitude

-71.0619

CBSA code

14460

CBSA name

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

Property Tax & Assessments

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