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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Manufacturing properties
11 Water St Claremont, NH 03743
Individually Owned
15-yr Hold
~
Est. High Equity
Property ID
US58-0075251
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1903
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
29,697 SF
Lot
0.34 ac (14,810 SF)
Zoning code
MU
APN
CLMN M:120 L:18
UPID
US58-0075251
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
$560k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$452k
Blend (final)
Blend
$505k
Owner & transaction history
Hewes & Sons Trucking · 15 yrs held
Hewes & Sons Trucking
since 2010
5 recorded transactions
Zoning & alternative use
MU · Claremont, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of this district is to be the center of the community, providing commercial, recreational, educational, institutional, light industrial and mixed uses that are primarily oriented toward pedestrian access.
Zone name
Mixed Use
General category
MIXED_USE
Zone area
89.52 ac
Source
Realmo
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 Claremont submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Claremont 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
$560,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$730,000
Current use
Blend value · Realmo final
$505k
Range $455k – $556k · ±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
$17 / 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
$6,711
Tax year 2023
Assessed value
$241,400
Assessed 2023
Previous assessed
$147,800
+63.3% YoY
Effective rate
2.78%
On assessed value
Assessed land
$59,100
Assessed improvement
$182,300
Applied tax rate
12,900.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1903
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Buildings
1
Stories
3
Units
1
Total area
29,697 SF
Lot
0.34 ac (14,810 SF)
Zoning code
MU
APN
CLMN M:120 L:18
UPID
US58-0075251
Jurisdiction
CLAREMONT CITY
Zoning & alternative use
MU · Claremont, NHZoning MU · permitted uses
MU · Claremont, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of this district is to be the center of the community, providing commercial, recreational, educational, institutional, light industrial and mixed uses that are primarily oriented toward pedestrian access.
Zone name
Mixed Use
General category
MIXED_USE
Zone area
89.52 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$730,000
INDUSTRIAL (GENERAL) Current
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
1903
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
3
Buildings
1
Units
1
Lot
0.34 ac
Current owner
From public records · entity-resolved
Hewes & Sons Trucking
Individual
Mailing address
70 CENTRAL ST, CLAREMONT, NH 03743-2507
Ownership since
2010
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
Dec 4, 2019
—
Hewes & Sons Trucking INC
—
Deed
related
$246,116 · Claremont Svgs Bk
Oct 26, 2010
$140,000
Hewes & Sons Trucking
Chase Trucking INC
Deed
$216,000 · Claremont Svgs Bk Nh
Oct 26, 2010
—
Hewes & Sons Trucking INC
—
Deed Of Trust
related
$86,000 · Claremont Savings Bank Nh
—
—
Hewes & Sons Trucking INC
—
Deed Of Trust
related
$246,116 · Claremont Svgs Bk
—
—
Hewes & Sons Trucking INC
—
Deed Of Trust
related
$100,000 · Claremont Svgs 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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