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    Property profile & analytics

    118 Pleasant St Portsmouth, NH 03801-4507

    • Office buildings
    • 3,186 SF
    • 0.33 lot acres
    OFF-MARKET
    Value Estimation
    $1,825,000
    Last Sale
    Aug 24, 2021
    $1,629,000
    Location Intelligence
    Property ID
    US58-0562093
    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

    • Lockhart Associates Inc / Surgical Supply Store
    • PortsmouthNH.com / Media Company
    • AJ Lane - CMG Home Loans Mortgage Loan Officer NMLS# 39441 / Mortgage Broker / Mortgage Lender
    • Proulx Real Estate @ Keller Williams Coastal Realty / Real Estate Consultant / Real Estate Agency
    • Bay Area Accounting / Accountant

    Property Details for 118 Pleasant St

    Year built
    1792
    Construction
    FRAME
    Lot size
    0.33 lot acres
    Property size
    3,186 SF
    Zone code
    CD4-L1
    Property type
    Office buildings
    APN
    PRSM M:0116 B:0031 L:
    APU
    PRSMM0116B0031L

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,935,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,475,000
      6.5%
      $1,665,000
      7%
      $1,530,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,500,000
      Geo Method
      $1,660,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,770,000
      Retail
      $1,365,000
      Mixed-Use
      $1,670,000
      Hospitality
      $1,430,000
      Educational
      $1,275,000
      Residential Income
      $1,720,000
      Energy
      $1,540,000
      Income-Based Land
      $1,745,000
      Food Service
      $1,795,000

    Location Insight

    • Map
    • Local Demand
    City
    Portsmouth
    County
    Rockingham
    State
    New Hampshire
    Longitude
    -70.757
    Latitude
    43.075
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-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
    $16,745
    $624,100
    $414,000
    $1,038,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      50,700 SF

      100 Eileen Dondero Foley Ave

      OFFICE BUILDING • 50,700 SF
      100 Eileen Dondero Foley Ave, Portsmouth, NH 03801-4595
      View Details
    • Value Estimation by Request
      12,879 SF

      10 Pleasant St

      OFFICE BUILDING • 12,879 SF
      10 Pleasant St, Portsmouth, NH 03801-4551
      View Details
    • Value Estimation by Request
      57,798 SF

      180 International Dr

      OFFICE BUILDING • 57,798 SF
      180 International Dr, Portsmouth, NH 03801-6837
      View Details
    • Value Estimation by Request
      89,082 SF

      2 International Dr

      OFFICE BUILDING • 89,082 SF
      2 International Dr, Portsmouth, NH 03801-6810
      View Details
    • Value Estimation by Request
      15,688 SF

      2010 Lafayette Rd

      OFFICE BUILDING • 15,688 SF
      2010 Lafayette Rd, Portsmouth, NH 03801-5605
      View Details
    • Value Estimation by Request
      100,650 SF

      273 Corporate Dr

      OFFICE BUILDING • 100,650 SF
      273 Corporate Dr, Portsmouth, NH 03801-6862
      View Details

    Similar Nearby for Sale

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      0.25 Acres

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      Landmark Portsmouth building, ideal for professional offices or business.
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      Prime Portsmouth Commercial Building For Sale

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      Historic Portsmouth Executive Offices

      7,200 SF, 3 Units, NNN Lease
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    • $350,000

      Updated Office Condo in Portsmouth

      1,209 sq. ft. office condo in historic Portsmouth, NH.
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    • $1,500,000
      3,100 SF

      Downtown Portsmouth Retail/Office Condo

      New retail/office condo in downtown Portsmouth, NH for sale.
      238 Deer St, Portsmouth, NH 03801
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      Portsmouth Art Studio For Sale

      Two-level art studio with natural light and garage access.
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    Similar Nearby for Lease

    • $29 SF/Yr
      2,900 SF

      Professional Office Space Available

      Office space for lease, available May 2025.
      154 Maplewood Ave, Portsmouth, NH 03801
      View Details
    • Contact for pricing

      Portsmouth Office Building For Lease

      Office building for lease with high visibility and signage.
      3201 Lafayette Rd, Portsmouth, NH 03801
      View Details
    • $14 SF/Yr
      58,227 SF

      Remodeled Office Building Sublease Available

      Four-story office building sublease available through 2034.
      325 Corporate Dr, Portsmouth, NH 03801
      View Details
    • $14 SF/Yr
      1,290 SF

      Portsmouth Office Space Available

      Office space available for lease in Portsmouth, New Hampshire.
      1 Cate St, Portsmouth, NH 03801
      View Details
    • $22 SF/Yr

      Downtown Portsmouth Office Space Available

      Second-floor office space in downtown Portsmouth's Vaughan Mall.
      10 Vaughan Mall St, Portsmouth, NH 03801
      View Details
    • $18 SF/Yr

      Downtown Portsmouth Office Space Available

      Second-floor office space in downtown Portsmouth's Vaughan Mall.
      10 Vaughan Mall St, Portsmouth, NH 03801
      View Details
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    118 Pleasant St
    Portsmouth, NH 03801-4507
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    Realmo Value Estimation

    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.

    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.

    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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