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Property profile & analytics
OFF-MARKET
Estimated value
$1,970,000
Retail space
1084 Un Ave, Laconia, NH 03246-2143
Entity Owned
4-yr Hold
Free & Clear
Property ID
US58-0286917
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1978
Construction
FRAME
Total area
10,726 SF
Lot
1.8 ac (78,408 SF)
Zoning code
UC
APN
LACO M:346 B:220 L:6
UPID
US58-0286917
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
-
Papa's Kitchen Restaurant
-
UPS Authorized Shipping Provider Courier Service Postal Service
-
Heath's Ace Hardware Building Supply Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.39M
CAP Approach
CAP
$1.95M
Comparable Approach
Comparable
$1.35M
Blend (final)
Blend
$1.97M
Owner & transaction history
E M Heath INC · 4 yrs held
E M Heath INC
since 2021
Last sale
$1.9M
2 recorded transactions
Zoning & alternative use
UC · Laconia, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.2M
+118.4%
Restaurant
$1.5M
+45.5%
Commercial (general)
$1.2M
+23.7%
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
$2,335,000
ML approach
$2,385,000
CAP Approach
CAP Return
Estimation
6%
$2,105,000
6.5%
$1,945,000
7%
$1,805,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,175,000
Change: +118% · Conversion: Easy
RESTAURANT
$1,450,000
Change: +45% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,230,000
Change: +24% · Conversion: Easy
Blend value · Realmo final
$1.97M
Range $1.77M – $2.17M · ±10% · vs last sale $1.90M (Nov 18 2021)
Last sale anchor
$1.90M
Nov 18 2021
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
$184 / 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
$17,414
Tax year 2023
Assessed value
$1,251,900
Assessed 2023
Previous assessed
$1,251,900
+0.0% YoY
Effective rate
1.39%
On assessed value
Assessed land
$573,900
Assessed improvement
$678,000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1978
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
2
Total area
10,726 SF
Lot
1.8 ac (78,408 SF)
Zoning code
UC
APN
LACO M:346 B:220 L:6
UPID
US58-0286917
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
$2.2M
RESTAURANT
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$1.2M
OFFICE BUILDING
RESTAURANT
COMMERCIAL (GENERAL)
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
1978
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
2
Lot
1.8 ac
Current owner
From public records · entity-resolved
E M Heath INC
Entity
Free & Clear · 4 yrs held
Mailing address
PO BOX 205, CENTER HARBOR, NH 03226-0205
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 18, 2021
$1,900,000
E M Heath INC
1084 Union Ave LLC
Warranty Deed
—
Sep 2, 2020
$18,000
1084 Union Ave LLC
Langlitz P A 2017 Trust
Warranty Deed
—
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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