New search
Property profile & analytics
OFF-MARKET
Estimated value
$15,440,000
Industrial properties
125 Ocean Rd, Greenland, NH 03840-2409
Entity Owned
9-yr Hold
Free & Clear
Property ID
US58-0692039
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1976
Construction
STEEL FRAME
Total area
107,657 SF
Lot
8.67 ac (377,665 SF)
Zoning code
IND
APN
GRNL M:R B:21 L:51
UPID
US58-0692039
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
-
Bluebird Self Storage - Greenland, NH Storage Facility
-
Interstate Moving & Storage Moving Company Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$10.25M
Comparable Approach
Comparable
$15.07M
Blend (final)
Blend
$15.44M
Owner & transaction history
Bluebird Greenland LLC · 9 yrs held
Bluebird Greenland LLC
since 2016
7 recorded transactions
Zoning & alternative use
IND · Greenland, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$24.8M
+82.3%
Retail stores
$23.3M
+71.1%
Office building
$20.3M
+49.0%
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 Greenland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Greenland 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
by Request
CAP Approach
CAP Return
Estimation
6%
$11,095,000
6.5%
$10,245,000
7%
$9,510,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$13,625,000
Current use
COMMERCIAL (GENERAL)
$24,835,000
Change: +82% · Conversion: Difficult
RETAIL STORES
$23,310,000
Change: +71% · Conversion: Moderate
OFFICE BUILDING
$20,305,000
Change: +49% · Conversion: Difficult
Blend value · Realmo final
$15.44M
Range $13.90M – $16.98M · ±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
$143 / 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
$160,234
Tax year 2023
Assessed value
$13,059,000
Assessed 2023
Previous assessed
$7,913,100
+65.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$964,600
Assessed improvement
$12,094,400
Applied tax rate
31,700.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1976
Construction
STEEL FRAME
Heating
FORCED AIR
Buildings
3
Stories
1
Units
1
Bathrooms
6
Total area
107,657 SF
Lot
8.67 ac (377,665 SF)
Zoning code
IND
APN
GRNL M:R B:21 L:51
UPID
US58-0692039
Jurisdiction
GREENLAND TOWN
Metro division
ROCKINGHAM COUNTY-STRAFFORD COUNTY, NH METROPOLITAN DIVISION
Zoning & alternative use
IND · Greenland, NH
Zoning IND · permitted uses
IND · Greenland, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Greenland. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$13.6M
COMMERCIAL (GENERAL)
Est. value
$24.8M
RETAIL STORES
Est. value
$23.3M
OFFICE BUILDING
Est. value
$20.3M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
RETAIL STORES
OFFICE BUILDING
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
1976
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
1
Buildings
3
Units
1
Bathrooms
6
Lot
8.67 ac
Current owner
From public records · entity-resolved
Bluebird Greenland LLC
Entity
Free & Clear · 9 yrs held
Mailing address
125 OCEAN RD, GREENLAND, NH 03840-2409
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2021
—
Bluebird Greenland LLC
—
Deed
related
$20,000,000 · Eastern Bank
Jan 13, 2020
—
Bluebird Greenland LLC
—
Deed
related
$30,000,000 · Eastern Bk
Sep 20, 2016
$4,375,000
Bluebird Greenland LLC
Harbour Links Estates LLC
Warranty Deed
—
Apr 27, 2005
$1,741,400
Harbour Links Ests LLC
Acorn Associates Lx Ltd
Warranty Deed
—
Nov 18, 2004
$2,450,000
125 Realty Ocean
Bouffard,h Alan
Warranty Deed
$991,986 · Zwi Kohorn
Dec 31, 1998
$1,500,000
H Alan Bouffard
Haffenreffer Beverage
Grant Deed
$1,440,000 · Citizens Bank
—
—
Bluebird Greenland LLC
—
Deed Of Trust
related
$30,000,000 · Eastern Bk
—
—
Bluebird Epping LLC
—
Deed Of Trust
related
$30,000,000 · Eastern 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 125 Ocean Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
