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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1000 Perimeter Rd Manchester, NH 03103-3351

    • Hotels
    • 94,419 SF
    • 6.00 lot acres
    OFF-MARKET
    Value Estimations
    $1,320,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US58-0016790
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Homewood Suites by Hilton Manchester/Airport / Hotel & Motel / Vacation Rental
    • Looks Good Landscaping / Landscaping / General Contractor
    • Elliot Sleep Evaluation Center / Medical Clinic

    Property Details for 1000 Perimeter Rd

    Year built
    2003
    Construction
    FRAME
    Lot size
    6.00 lot acres
    Property size
    94,419 SF
    Property type
    Hotels
    APN
    MNCH M:0848 B:000 L:0011
    APU
    MNCHM0848B000L0011

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $1,060,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,577,000
      Market price range: $1.08M - $2.03M

    • Alternative Use

      Use
      Estimation
      HOTEL/MOTEL
      $1,440,000
      Current use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Manchester
    County
    Hillsborough
    State
    New Hampshire
    Longitude
    -71.4443
    Latitude
    42.9362
    CBSA code
    31700
    CBSA name
    MANCHESTER-NASHUA, 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
    2023
    $230,873
    $1,521,100
    $10,720,300
    $12,241,400
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $695,000
      35,828 SF

      2301 Brown Ave

      HOTEL-RESORT • 35,828 SF
      2301 Brown Ave, Manchester, NH 03103-6813
      View Details
    • Value Estimation
      $7,510,000
      55,051 SF

      1298 Porter St Ext

      HOTEL-RESORT • 55,051 SF
      1298 Porter St Ext, Manchester, NH 03103-3175
      View Details
    • Value Estimation by Request
      48,965 SF

      686 Huse Rd

      HOTEL-RESORT • 48,965 SF
      686 Huse Rd, Manchester, NH 03103-2320
      View Details
    • Value Estimation
      $830,000
      60,383 SF

      2280 Brown Ave

      HOTEL-RESORT • 60,383 SF
      2280 Brown Ave, Manchester, NH 03103-6828
      View Details
    • Value Estimation
      $820,000
      45,836 SF

      860 Porter St Ext

      HOTEL-RESORT • 45,836 SF
      860 Porter St Ext, Manchester, NH 03103-3175
      View Details
    • Value Estimation
      $850,000
      55,152 SF

      975 Perimeter Rd

      HOTEL-RESORT • 55,152 SF
      975 Perimeter Rd, Manchester, NH 03103-3353
      View Details

    Similar Nearby for Sale

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      Well-Maintained Duplex on Corner Lot

      Duplex with separate utilities, ideal for investment or owner-occupation.
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      1.20 Acres

      Fully Occupied Manchester Retail Plaza

      Fully occupied 7-unit plaza on a 1.21 acre lot.
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      Manchester Specialty Property For Sale

      Specialty property available for purchase in Manchester, New Hampshire.
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    • $2,700,000
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      Prime Retail Location on Willow

      High-visibility retail property on South Willow Street in Manchester, NH.
      719 S Willow St, Manchester, NH 03103
      View Details
    • New
      $629,900
      3,036 SF

      Manchester Multi-Family Investment Opportunity

      Three-unit property with strong rental income potential near amenities.
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      2,044 SF

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      Two-family property near downtown Manchester, suitable for owner-occupancy or investment.
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    Similar Nearby for Lease

    • $8 SF/Yr
      76,000 SF

      Manchester Mill Building For Sale

      Historic Flex Space, High Occupancy
      60 Rogers St, Manchester, NH 03103
      View Details
    • $11 SF/Yr
      74,294 SF

      Manchester Industrial Flex Space

      74,294 SF Flex Building, 5,400 SF Available
      100 Gay St, Manchester, NH 03103
      View Details
    • Contact for pricing
      38,772 SF

      Prime Retail Space, Willow St.

      High-visibility retail spaces available.
      1500 Willow St, Manchester, NH 03103
      View Details
    • $16 SF/Yr
      1,800 SF

      Retail Space with Bar Buildout

      End-cap retail unit with bar buildout and restrooms.
      245 Maple St, Manchester, NH 03103
      View Details
    • $5,200,000
      36,104 SF

      Food Processing & Distribution Facility

      36,104 SF USDA-approved facility for lease or purchase.
      431 Somerville St, Manchester, NH 03103
      View Details
    • $8 SF/Yr
      9,060 SF

      Manchester Warehouse/Distribution Space Available

      Industrial warehouse/distribution building with fenced-in outdoor storage space available for lease.
      200 Perimeter Rd, Manchester, NH 03103
      View Details

    Property Visit Statistics

    • Visits by month
      9.7k
    • Visitors by month
      3.4k
    • Avg Time on site
      540 min
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    1000 Perimeter Rd
    Manchester, NH 03103-3351
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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