Entity Owned Property summary
AI-generated overview
This exceptional 792-square-foot office suite is available for sublease in the highly sought-after North Salem Village. Ideal for professionals, small teams, or expanding businesses, this single-tenant space offers a versatile and productive work environment. The layout includes three individual offices, perfect for maintaining privacy and fostering collaboration. A welcoming reception area provides a professional first impression for clients and guests. Convenience is key with an included kitchenette and a private restroom. Accessibility is ensured with a mobility lift servicing the second floor, making the space inclusive and welcoming to all. Located in the heart of North Salem, this office suite provides easy access to a variety of local amenities, including shopping and dining options, enhancing the overall work-life balance. This is a fantastic opportunity to secure a prime office space in a thriving community, offering a blend of comfort, convenience, and professional appeal. The suite is ready for immediate occupancy, providing a seamless transition for your business. Don't miss this chance to establish your presence in this desirable North Salem location.
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
1987
Construction
FRAME
Total area
35,870 SF
Lot
4.32 ac (188,179 SF)
Zoning code
LCSD
APN
SLEM M:10 B:9951 L:
UPID
US58-0219579
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 Corporate Office
-
Charitable Organization Social Service Agency
-
Shopping Center & Mall
-
Weight Loss Service Fitness Center
-
Grocery & Convenience Store Specialty Food Shop
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.21M
Blend (final)
Blend
$3.54M
Owner & transaction history
since 2020
5 recorded transactions
Zoning & alternative use
LCSD · Salem, NH
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.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 3 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$3.54M
Value range
$3.19M – $3.89M
±10% around blend
Estimated value / SF
$99 / SF
Confidence
Low
3 county-verified comps
Property data
100
Market benchmarks
33
Comparable evidence
30
$3.19M
blend $3.54M
$3.89M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
35,870 SF
Lot area
4.32 ac
Year built
1987
Stories
2
APN
SLEM M:10 B:9951 L:
Zoning
LCSD
Assessed value
$2,805,500
Annual tax
$47,581
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$4.14M
Weighted, 3 comps · low confidence
Evidence
3 found · 3 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
14.8 mi away · 27,068 SF
15.9 mi away · 30,000 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$3.54M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 78 sales
$217
-54%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $99/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
County record
Operating expenses
Not available
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: replacement-cost inputs are not on file.
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.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 3 sales
Market rates by use type
PDF export
Professional Plan · 30 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$2.81M
Move the market yield to see immediate price impact.
Value / SF
$78
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%
$177k
$3.53M
$2.52M
$1.96M
$196k
$3.93M
$2.81M
$2.18M
$216k
$4.32M
$3.09M
$2.40M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
3 found
Low confidence · county-verified
Closest comparable
$800k
14.8 mi · Oct 2025 · $23/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$47,581
Tax year 2023
Assessed value
$2,805,500
Assessed 2023
Previous assessed
$2,732,700
+2.7% YoY
Effective rate
1.70%
On assessed value
Assessed land
$627,000
Assessed improvement
$2,178,500
Applied tax rate
66,660.0000
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
Retail properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
1987
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
22
Total area
35,870 SF
Lot
4.32 ac (188,179 SF)
Zoning code
LCSD
APN
SLEM M:10 B:9951 L:
UPID
US58-0219579
Jurisdiction
SALEM TOWN
Metro division
ROCKINGHAM COUNTY-STRAFFORD COUNTY, NH METROPOLITAN DIVISION
Zoning & alternative use
LCSD · Salem, NHZoning LCSD · permitted uses
LCSD · Salem, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1987
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
22
Lot
4.32 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
LCSD
Jurisdiction
Salem, NH
Recorded code
LCSD
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for LCSD in Salem, NH.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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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.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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