Entity Owned Property summary
AI-generated overview
This property is a 4,000 SF industrial condominium unit within a 4-unit industrial condominium development and is served by public water and sewer connections. The front portion includes 800 SF of professionally finished office space with a private office, reception area, meeting space, and an ADA-compliant restroom; the office finish includes commercial-grade carpet and an acoustical tile ceiling. The rear warehouse portion features a 22-foot ceiling height with a minimum 18-foot clear span and is configured to support mezzanine construction. Loading is provided by a 14-foot overhead door, and the layout combines office functionality with warehouse space suitable for light industrial use and related operations.
Property profile
Verified
Property type
Other industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1968
Construction
STEEL FRAME
Total area
11,502 SF
Lot
1.26 ac (54,929 SF)
Zoning code
INDUST
APN
MRMK M:03D-1 L:000010 S:000000
UPID
US58-0055054
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Construction Company Rental Equipment Company
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.52M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$475k
Owner & transaction history
since 2026
6 recorded transactions
Zoning & alternative use
INDUST · Merrimack, NH
Top alternative use upside
Office building
$1.7M
+24.1%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
2 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$475k
Value range
$428k – $523k
±10% around blend
Estimated value / SF
$41 / SF
Confidence
Property data
100
Market benchmarks
33
Comparable evidence
60
$428k
blend $475k
$523k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
11,502 SF
Lot area
1.26 ac
Year built
1968
Stories
1
APN
MRMK M:03D-1 L:000010 S:000000
Zoning
INDUST
Assessed value
$910,100
Annual tax
$17,701
3
Income approach: direct capitalization
Partial preview
Income approach indication
$1.52M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$1.65M
@ 6.5% CAP return
$1.52M
@ 7% CAP return
$1.41M
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$475k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 109 sales
$120
-65%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $41/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Office Building
Gross theoretical uplift
+24%
vs current-use indication
Industrial (general) · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$910k
Move the market yield to see immediate price impact.
Value / SF
$79
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$57k
$1.15M
$819k
$637k
$64k
$1.27M
$910k
$708k
$70k
$1.40M
$1.00M
$779k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$17,701
Tax year 2023
Assessed value
$910,100
Assessed 2023
Previous assessed
$910,100
+0.0% YoY
Effective rate
1.94%
On assessed value
Assessed land
$267,900
Assessed improvement
$642,200
Applied tax rate
47,540.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1968
Construction
STEEL FRAME
Heating
FORCED AIR
Buildings
1
Stories
1
Bathrooms
4
Total area
11,502 SF
Lot
1.26 ac (54,929 SF)
Zoning code
INDUST
APN
MRMK M:03D-1 L:000010 S:000000
UPID
US58-0055054
Jurisdiction
MERRIMACK TOWN
Zoning & alternative use
INDUST · Merrimack, NHZoning INDUST · permitted uses
INDUST · Merrimack, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1968
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
1
Buildings
1
Bathrooms
4
Lot
1.26 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
INDUST
Jurisdiction
Merrimack, NH
Recorded code
INDUST
Ownership Intelligence
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Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
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