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Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Banks
106 Riv Rd, Bedford, NH 03110-6748
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US58-0223011
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1920
Construction
FRAME
Total area
8,465 SF
Lot
1.4 ac (60,984 SF)
Zoning code
PZ
APN
BEDD M:12 B:29 L:
UPID
US58-0223011
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
$490k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$551k
Blend (final)
Blend
$520k
Owner & transaction history
Farley White Bowman LLC · 9 yrs held
Farley White Bowman LLC
since 2016
3 recorded transactions
Zoning & alternative use
PZ · Bedford, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$835,000
+10.9%
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 Bedford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bedford 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
$490,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
FINANCIAL BUILDING
$750,000
Current use
RESTAURANT
$835,000
Change: +11% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$695,000
Change: -8% · Conversion: Difficult
AUTO REPAIR, GARAGE
$695,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$520k
Range $468k – $572k · ±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
$61 / 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
$29,712
Tax year 2023
Assessed value
$2,007,600
Assessed 2023
Previous assessed
$1,932,000
+3.9% YoY
Effective rate
1.48%
On assessed value
Assessed land
$522,500
Assessed improvement
$1,485,100
Applied tax rate
4,500.0000
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1920
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
2
Rooms
20
Bathrooms
4
Total area
8,465 SF
Lot
1.4 ac (60,984 SF)
Zoning code
PZ
APN
BEDD M:12 B:29 L:
UPID
US58-0223011
Jurisdiction
BEDFORD TOWN
Zoning & alternative use
PZ · Bedford, NH
Zoning PZ · permitted uses
PZ · Bedford, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bedford. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
FINANCIAL BUILDING Current
Est. value
$750,000
RESTAURANT
Est. value
$835,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$695,000
AUTO REPAIR, GARAGE
Est. value
$695,000
FINANCIAL BUILDING Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
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
1920
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
2
Rooms
20
Bathrooms
4
Lot
1.4 ac
Current owner
From public records · entity-resolved
Farley White Bowman LLC
Entity
Mailing address
155 FEDERAL ST STE #1800, BOSTON, MA 02110-1737
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 19, 2016
$2,500,000
Farley White Bowman LLC
Nh Six Realty Trust
Warranty Deed
$1,875,000 · Primary Bank
Dec 1, 2006
$1,325,300
Nh Six RT
Merchants Rlty
Deed
$5,072,000 · Citizens Bank Of Ma
—
—
Nh,six Realty Trust
—
Loan Modification, Consolidation And Extension
related
$544,000 · Rbs Citizens NA
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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