4 Tinkham Ave, Derry, NH 03038

Studio-- baths26,000 sqft

For Sale
$1,600,000
Zestimate®: $1,427,269
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My Notes

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26,000 SF +/- investment. Building has office, industrial and retail components. Solid anchor tenant, BCE, has been occupying property for many years. Entire second floor recently renovated for tenant. Currently potential NOI of $214,000 with a potential CAP rate of 13.4. Limousine company occupies front unit, BCE middle and largest unit, Spofford Excavation occupying back unit and DM Solutions occupies second floor. Industrial units have dockks/drive-in door(s). Plenty of parking on two sides of building. Public water and sewer. Facility located on busy route, yet having flexibility for many types of businesses. Located conveniently on Route 28 in Derry with close proximity to highway (both exit 4 and 5) and local amenities such as post office, restaurants, banks, shopping, Federal Express, etc. Excellent investment  More Less 

Facts

  • Lot: 2.01 acres
  • Single Family
  • Built in 1975
  • 187 days on Zillow
  • Price/sqft: $62
  • MLS #: 4345938

Other

  • Floor size: 26,000 sqft
  • Zillow Home ID: 2105391442

Zestimate Details

Zestimate
A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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$1,427,269
+$242 Last 30 days
$1.24M
$1.57M
Zestimate range
Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$1,865/mo
+$0 Last 30 days
$970
$3.4K
Zestimate range

Popularity on Zillow

335 views since listing
335 all-time (chart)
 

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Neighborhood

Market guide

Zillow predicts 03038 home values will increase 0.5% next year, compared to a 0.3% rise for Derry as a whole. Among 03038 homes, this home is 651.9% more expensive than the midpoint (median) home, but is priced 50.4% less per square foot.

Foreclosures will be a factor impacting home values in the next several years. In 03038, the number of foreclosures waiting to be sold is 0.3% less than in Derry, and 30.2% lower than the national average. This lower local number could help 03038 home values rise more quickly than other regions in Derry.

Learn more about forecast calculations or 03038 home values.
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    Nearby Schools in Derry

    GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

    Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

    Data by GreatSchools.org