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Property profile & analytics
OFF-MARKET
Estimated value
$620,000
Retail properties & Spaces
15 Glass St Pembroke, NH 03275-1509
Individually Owned
Free & Clear
Property ID
US58-0142844
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
1899
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,586 SF
Lot
0.07 ac (3,049 SF)
Zoning code
B-2
APN
PMBR M:VE B:180
UPID
US58-0142844
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$847k
Blend (final)
Blend
$620k
Owner & transaction history
MATTHEW B ALLGEYER
MATTHEW B ALLGEYER
Zoning & alternative use
B-2 · Pembroke, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of this zone is to provide for all central business uses, it is a highly accessible, pedestrian-friendly area zoned for dense, mixed-use development, including retail stores, offices, restaurants, entertainment venues, and residential.
Zone name
Central Business
General category
MIXED_USE
Zone area
24.14 ac
Source
Realmo
Top alternative use upside
Commercial (general)
$880,000
+8.1%
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 Pembroke submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pembroke 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$815,000
Current use
COMMERCIAL (GENERAL)
$880,000
Change: +8% · Conversion: Easy
INDUSTRIAL (GENERAL)
$790,000
Change: -3% · Conversion: Difficult
OFFICE BUILDING
$740,000
Change: -9% · Conversion: Easy
Blend value · Realmo final
$620k
Range $558k – $682k · ±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
$111 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$8,551
Tax year 2022
Assessed value
$343,400
Assessed 2022
Previous assessed
$343,400
+0.0% YoY
Effective rate
2.49%
On assessed value
Assessed land
$73,300
Assessed improvement
$270,100
Applied tax rate
60,020.0000
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
Retail properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
1899
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
9
Bathrooms
3
Total area
5,586 SF
Lot
0.07 ac (3,049 SF)
Zoning code
B-2
APN
PMBR M:VE B:180
UPID
US58-0142844
Jurisdiction
PEMBROKE TOWN
Zoning & alternative use
B-2 · Pembroke, NHZoning B-2 · permitted uses
B-2 · Pembroke, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of this zone is to provide for all central business uses, it is a highly accessible, pedestrian-friendly area zoned for dense, mixed-use development, including retail stores, offices, restaurants, entertainment venues, and residential.
Zone name
Central Business
General category
MIXED_USE
Zone area
24.14 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$815,000
COMMERCIAL (GENERAL)
Est. value
$880,000
INDUSTRIAL (GENERAL)
Est. value
$790,000
OFFICE BUILDING
Est. value
$740,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
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
1899
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
9
Bathrooms
3
Lot
0.07 ac
Current owner
From public records · entity-resolved
MATTHEW B ALLGEYER
Individual
Free & Clear · 0 yrs held
Mailing address
15 GLASS ST STE #202, PEMBROKE, NH 03275-1509
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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