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Property profile & analytics
FOR LEASE
Commercial real estate
1017 Route 12 Westmoreland, NH 03467
Individually Owned
14-yr Hold
~
Est. High Equity
Property ID
US58-0083669
For Lease
1 / 11
$700,000
1017 Route 12, Westmoreland, NH 03467
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1969
Total area
9,118 SF
Lot
4.1 ac (178,596 SF)
Zoning code
C/I C
APN
WMLD M:000U2 B:000003 L:000000
UPID
US58-0083669
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$627k
Blend (final)
Blend
$700k
Owner & transaction history
Westmoreland RT · 14 yrs held
Westmoreland RT
since 2011
5 recorded transactions
Zoning & alternative use
C/I C · Westmoreland, NH
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 Westmoreland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Westmoreland 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
Blend value · Realmo final
$700k
Range $630k – $770k · ±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
$77 / 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
$12,378
Tax year 2023
Assessed value
$581,400
Assessed 2023
Previous assessed
$581,400
+0.0% YoY
Effective rate
2.13%
On assessed value
Assessed land
$96,300
Assessed improvement
$485,100
Applied tax rate
82,660.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Lease
Year built
1969
Heating
RADIANT
Cooling
YES
Buildings
4
Stories
1
Bathrooms
2
Total area
9,118 SF
Lot
4.1 ac (178,596 SF)
Zoning code
C/I C
APN
WMLD M:000U2 B:000003 L:000000
UPID
US58-0083669
Jurisdiction
WESTMORELAND
Zoning & alternative use
C/I C · Westmoreland, NHZoning C/I C · permitted uses
C/I C · Westmoreland, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Documents
Building & site characteristics
From public records
Year built
1969
Heating
RADIANT
Cooling
Yes
Stories
1
Buildings
4
Bathrooms
2
Lot
4.1 ac
Current owner
From public records · entity-resolved
Westmoreland RT
Individual
Mailing address
706 RTE 63, WESTMORELAND, NH 03467-4215
Ownership since
2011
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 15, 2023
—
Mill Brook Storage LLC
—
Deed
related
$50,000 · Community Development Finance Auth
Oct 5, 2011
$475,000
Westmoreland RT
Castor,carolyn J
Warranty Deed
$237,500 · Laconia Savings Bank
Oct 5, 2011
—
Westmoreland RT
—
Grant Deed
related
$173,000 · Northern Community Investment
Aug 1, 2008
—
Carolyn J Castor
—
Deed Of Trust
related
$435,000 · Savings Bank Walpole
Jun 21, 2005
—
Stanley D Castor SR.
—
Deed Of Trust
related
$285,000 · Savings Bank Walpole
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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