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Property profile & analytics
OFF-MARKET
Estimated value
$1,135,000
Showrooms
1 Ml Plz, Laconia, NH 03246-3438
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US58-0076954
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1853
Construction
FRAME
Total area
13,500 SF
Lot
0.25 ac (10,890 SF)
Zoning code
UC
APN
LACO M:432 B:161 L:36
UPID
US58-0076954
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Busiel-Seeburg Mill High School
-
Emma Chen CPA, PLLC Accounting Firm Tax Preparation
-
Northeast Family Services Crisis Center Medical Clinic
-
Lakes Region Cancer Support Team Patients Support Association
-
Martin Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.32M
Blend (final)
Blend
$1.14M
Owner & transaction history
Whiting Building LLC · 1 yrs held
Whiting Building LLC
since 2025
5 recorded transactions
Zoning & alternative use
UC · Laconia, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Laconia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Laconia submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,830,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$1.14M
Range $1.02M – $1.25M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$84 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$13,955
Tax year 2023
Assessed value
$1,003,200
Assessed 2023
Previous assessed
$1,003,200
+0.0% YoY
Effective rate
1.39%
On assessed value
Assessed land
$75,500
Assessed improvement
$927,700
Applied tax rate
40,180.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1853
Construction
FRAME
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
4
Units
11
Bathrooms
5
Total area
13,500 SF
Lot
0.25 ac (10,890 SF)
Zoning code
UC
APN
LACO M:432 B:161 L:36
UPID
US58-0076954
Jurisdiction
LACONIA CITY
Zoning & alternative use
UC · Laconia, NH
Zoning UC · permitted uses
UC · Laconia, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Laconia. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$1.8M
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1853
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
4
Buildings
1
Units
11
Bathrooms
5
Lot
0.25 ac
Current owner
From public records · entity-resolved
Whiting Building LLC
Entity
Mailing address
33 MAIN ST STE #403, NASHUA, NH 03064-2776
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 9, 2025
—
Whiting Building LLC
—
Deed
related
$4,000,000 · Millyard Bank
Nov 7, 2019
—
One Mill Plaza INC
—
Deed
related
$634,157 · Northway Bk
Sep 30, 2005
—
1 Mill Plaza INC
—
Grant Deed
related
$975,000 · Laconia Savings Bank
Apr 22, 2005
—
1 Mill Plaza INC
—
Deed Of Trust
related
$125,000 · Laconia Savings Bank
—
—
One Mill Plaza INC
—
Deed Of Trust
related
$634,157 · Northway Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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