18 Plaistow RdPlaistow, NH 03865

  • Retail properties
  • 18,875 SF
For Lease
$23/SF/YR View listing

Property Details for 18 Plaistow Rd

Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.87 AC
Property size (Sq ft)
18,875 SF
Zone code
C-1
Property type
Retail properties
Property subtype
Super regional malls
APN
PLSW M:24 B:032 L:000-000
APU
PLSWM24B032L000000

Description

This exceptional retail opportunity is located at 18 Plaistow Road in Plaistow, New Hampshire, 03865. The property, part of the Plaza 125 shopping center, offers 1,500 square feet of prime retail space within a larger 18,875 square foot building situated on a 1.87-acre lot. Built in 1985, this single-story building features a total of 89 parking spaces and is zoned C-1. The available space includes a spacious open area, a private restroom, and large storefront windows providing excellent natural light and visibility. The property benefits from a high-traffic location directly on Route 125, less than half a mile from Interstate 495, experiencing approximately 23,000 vehicles daily. The property's APN is 08176-24032000000 and is located in Rockingham County. The building is multi-tenanted, offering a vibrant retail environment. This lease opportunity presents a strong potential for businesses seeking high visibility and convenient access to a substantial customer base. The asking rent is $23 per square foot, modified gross.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,587,284
    6.5%
    $4,234,416
    7%
    $3,931,958
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,214,843
    Geo Method
    $6,214,843
  • Alternative Use

    Use
    Valuation
    Residential
    $3,571,888
    Hospitality
    $3,271,830
    Educational
    $2,722,124
    Medical
    $2,815,742
    Retail
    $4,234,416
18 Plaistow Rd, Plaistow, New Hampshire

Location Insight

City
Plaistow
County
Rockingham
State
New Hampshire
Latitude
42.8182
Longitude
-71.1041
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
2022
$53,110
$1,040,600
$1,753,200
$2,793,800
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