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Property profile & analytics
OFF-MARKET
Estimated value
$7,850,000
Super regional malls
12 Old State Rd Belmont, NH 03220-3060
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US58-0243039
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
27,124 SF
Lot
4.19 ac (182,516 SF)
Zoning code
COM
APN
BLMT M:201 B:008 L:000
UPID
US58-0243039
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
-
Climaxe throwing Gym & Fitness Center Sports Field & Court
-
JOANN Fabric and Crafts (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.68M
CAP Approach
CAP
$6.30M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.85M
Owner & transaction history
Vernco Belknap LLC · 4 yrs held
Vernco Belknap LLC
since 2022
Last sale
$7.9M
3 recorded transactions
Zoning & alternative use
COM · Belmont, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Belmont submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Belmont 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
$7,855,000
ML approach
$7,675,000
CAP Approach
CAP Return
Estimation
6%
$6,825,000
6.5%
$6,300,000
7%
$5,850,000
Blend value · Realmo final
$7.85M
Range $7.07M – $8.64M · ±10% · vs last sale $7.85M (Feb 14 2022)
Last sale anchor
$7.85M
Feb 14 2022
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
$289 / 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
$46,037
Tax year 2023
Assessed value
$2,635,200
Assessed 2023
Previous assessed
$2,572,500
+2.4% YoY
Effective rate
1.75%
On assessed value
Assessed land
$595,700
Assessed improvement
$2,039,500
Applied tax rate
4,740.0000
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
3
Bathrooms
3
Total area
27,124 SF
Lot
4.19 ac (182,516 SF)
Zoning code
COM
APN
BLMT M:201 B:008 L:000
UPID
US58-0243039
Jurisdiction
BELMONT TOWN
Zoning & alternative use
COM · Belmont, NH
Zoning COM · permitted uses
COM · Belmont, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Belmont. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
3
Bathrooms
3
Lot
4.19 ac
Current owner
From public records · entity-resolved
Vernco Belknap LLC
Entity
Mailing address
12 OLD STATE RD, BELMONT, NH 03220-3060
Ownership since
2022
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
Feb 14, 2022
$7,850,000
Vernco Belknap LLC
Belknap Realty LLC
Warranty Deed
$8,887,500 · Rockland Trust Co
Apr 9, 2020
$4,250,000
Belknap Realty LLC
Ocw Retail-belmont LLC
Grant Deed
—
Jul 25, 2019
$160,000
Qiang Chen
Veroff,kendra M
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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