For Sale
1 / 3
$725,000
15 Elm Ave, Antrim, NH 03440-3707
View Listing →
Estimated value (blended)
$360k
Range $324k – $396k (±10%)
Property ID
US58-0037525
Property summary
AI-generated overview
This exceptional 10,000-10,812 square foot mixed-use industrial building presents a fantastic opportunity in Antrim, NH. Situated on a 2.16-acre lot with over 650 feet of frontage on Route 202 and additional Elm Avenue access, this property boasts prime highway visibility and convenient access to major interstate routes (I-89, I-93, and I-91). Built in 1989, the two-story structure features a spacious production floor with 16-foot ceilings, a separate machine shop area (also with 16-foot ceilings), an enclosed inventory area, three ground-floor offices, a break room, restrooms, and a retail/reception area. The second floor provides ample additional office space, a computer room, and storage. The building includes a loading dock with a 9-foot high garage door and is equipped with three-phase power. Zoned Highway Business, this property allows for 35+ approved uses. The property's location and features make it ideal for a variety of businesses, and its size may be suitable for SBA loan financing. The APN is Map 229 Block 014 Lot 000. Asking price: $689,900.
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1980
Construction
FRAME
Total area
11,500 SF
Lot
2.16 ac (94,090 SF)
Zoning code
HIGHWA
APN
ANTR M:229 B:014
UPID
US58-0037525
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
-
(Bike/Boat/Book/etc) Store
-
Medical Supply Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$530k
Blend (final)
Blend
$360k
Owner & transaction history
since 2002
4 recorded transactions
Zoning & alternative use
HIGHWA · Antrim, NH
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 3 comparables with addresses
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$360k
Value range
$324k – $396k
±10% around blend
Estimated value / SF
$31 / SF
Confidence
Low
3 county-verified comps
Property data
88
Market benchmarks
33
Comparable evidence
30
Income certainty
100
$324k
blend $360k
$396k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
11,500 SF
Lot area
2.16 ac
Year built
1980
Stories
2
APN
ANTR M:229 B:014
Assessed value
$579,380
Annual tax
$10,858
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$10,858
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$1.27M
Weighted, 3 comps · low confidence
Evidence
3 found · 3 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
23.8 mi away · 8,867 SF
24.8 mi away · 11,119 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$360k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 323 sales
$141
-78%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $31/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Market benchmark
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
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
Comparable evidence · 3 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Selected market yield
12.81%
Selected cap rate for this showrooms
Derived from the Antrim market rent, vacancy and expense benchmarks for this use type.
NOI (est.)
$93k *
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$725k
Move the market yield to see immediate price impact.
Value / SF
$63
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
12.31%12.81%13.31%
$84k
$679k
$652k
$628k
$93k
$754k
$725k
$698k
$102k
$830k
$797k
$767k
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
3 found
Low confidence · county-verified
Closest comparable
$375k
20.0 mi · Sep 2025 · $38/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$10,858
Tax year 2023
Assessed value
$579,380
Assessed 2023
Previous assessed
$397,580
+45.7% YoY
Effective rate
1.87%
On assessed value
Assessed land
$225,900
Assessed improvement
$353,480
Applied tax rate
1,700.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
For Sale
Year built
1980
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Bathrooms
6
Total area
11,500 SF
Lot
2.16 ac (94,090 SF)
Zoning code
HIGHWA
APN
ANTR M:229 B:014
UPID
US58-0037525
Jurisdiction
ANTRIM TOWN
Zoning & alternative use
HIGHWA · Antrim, NHZoning HIGHWA · permitted uses
HIGHWA · Antrim, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1980
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Bathrooms
6
Lot
2.16 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
HIGHWA
Jurisdiction
Antrim, NH
Recorded code
HIGHWA
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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?”
Full reports are paid
Unlock the full Property Analytics report
Pick a plan to open full owner contacts, all 4 valuations with methodology, the refine flow, comparable adjustments, the foot-traffic deep dive and PDF / CSV export. Cancel anytime.
