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Property profile & analytics
OFF-MARKET
Estimated value
$3,690,000
Individual retail properties
10 Garvins Fls Rd Concord, NH 03301-5174
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US58-0385512
Property profile
Verified
Property type
Individual retail properties
Use group
GYM, HEALTH SPA
Year built
1972
Construction
STEEL FRAME
Total area
54,527 SF
Lot
4.85 ac (211,266 SF)
Zoning code
CH
APN
CNCD M:781Z B:21
UPID
US58-0385512
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
-
Capital City Sports & Fitness Gym & Fitness Center
-
Health Club of Concord Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.13M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.69M
Owner & transaction history
Capital City Re Hldg LLC · 3 yrs held
Capital City Re Hldg LLC
since 2023
Last sale
$4.3M
7 recorded transactions
Zoning & alternative use
CH · Concord, 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 Concord submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Concord 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
$3,140,000
ML approach
$3,130,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$6,095,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,910,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$5,415,000
Change: 0% · Conversion: Difficult
OFFICE BUILDING
$5,065,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$3.69M
Range $3.32M – $4.06M · ±10% · vs last sale $4.25M (Jul 14 2023)
Last sale anchor
$4.25M
Jul 14 2023
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
$68 / 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
$54,362
Tax year 2023
Assessed value
$2,023,900
Assessed 2023
Previous assessed
$2,023,900
+0.0% YoY
Effective rate
2.69%
On assessed value
Assessed land
$552,500
Assessed improvement
$1,471,400
Applied tax rate
14,200.0000
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
Individual retail properties
Use group
GYM, HEALTH SPA
Status
Off-Market
Year built
1972
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
3
Total area
54,527 SF
Lot
4.85 ac (211,266 SF)
Zoning code
CH
APN
CNCD M:781Z B:21
UPID
US58-0385512
Jurisdiction
CONCORD CITY
Zoning & alternative use
CH · Concord, NH
Zoning CH · permitted uses
CH · Concord, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Concord. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$6.1M
AUTO REPAIR, GARAGE
Est. value
$5.9M
RETAIL STORES
Est. value
$5.4M
OFFICE BUILDING
Est. value
$5.1M
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
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
1972
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
3
Lot
4.85 ac
Current owner
From public records · entity-resolved
Capital City Re Hldg LLC
Entity
Mailing address
10 GARVINS FLS RD, CONCORD, NH 03301-5174
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 22, 2025
—
Capital City Re Hldg LLC
—
Deed
related
$3,426,603 · Cornerstone Nb & T Co
Jul 14, 2023
$4,250,000
Capital City Re Hldg LLC
10 Garvins Falls Road LLC
Warranty Deed
$3,333,000 · Bankprov
Aug 11, 2016
—
Health Club Of Concord LLC
—
Deed
related
$200,000 · Provident Bk
Jul 30, 2014
$1,750,000
10 Garvins Falls Road LLC
Concord A C Tennis Div
Warranty Deed
$1,701,000 · Provident Bk
Dec 16, 2008
—
Racquet Club Of Concord
—
Deed Of Trust
related
$82,740 · Concord City Of
Aug 28, 2007
—
Concord Ac Tennis Div INC
—
Deed Of Trust
related
$1,145,000 · Citizens Bank Of Nh
Feb 1, 2007
—
Racquet Club Of Concord
—
Deed Of Trust
related
$25,000 · Concord City Of
—
—
10 Garvins Falls Road LLC
—
Deed Of Trust
related
$300,000 · Provident Bk
—
—
Health Club Of Concord LLC
—
Deed Of Trust
related
$200,000 · Provident 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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