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Property profile & analytics
OFF-MARKET
Estimated value
$8,650,000
Industrial properties
16 Great Holw Rd, Hanover, NH 03755-3116
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US58-0360693
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1970
Construction
CONCRETE
Total area
63,505 SF
Lot
40.73 ac (1,774,199 SF)
Zoning code
BM
APN
HNOV M:002 B:003 L:001
UPID
US58-0360693
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
-
Creare LLC Engineering Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$8.89M
Comparable Approach
Comparable
$8.41M
Blend (final)
Blend
$8.65M
Owner & transaction history
Creare LLC · 3 yrs held
Creare LLC
since 2023
5 recorded transactions
Zoning & alternative use
BM · Hanover, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$10.0M
+79.2%
Restaurant
$6.5M
+16.1%
Auto repair, garage
$6.3M
+13.3%
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 Hanover submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hanover 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%
$9,630,000
6.5%
$8,890,000
7%
$8,255,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$5,560,000
Current use
COMMERCIAL (GENERAL)
$9,960,000
Change: +79% · Conversion: Difficult
RESTAURANT
$6,450,000
Change: +16% · Conversion: Difficult
AUTO REPAIR, GARAGE
$6,295,000
Change: +13% · Conversion: Easy
RETAIL STORES
$5,365,000
Change: -3% · Conversion: Moderate
Blend value · Realmo final
$8.65M
Range $7.79M – $9.52M · ±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
$136 / 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
$96,635
Tax year 2022
Assessed value
$5,432,003
Assessed 2022
Previous assessed
$5,432,003
+0.0% YoY
Effective rate
1.78%
On assessed value
Assessed land
$656,703
Assessed improvement
$4,775,300
Applied tax rate
33,860.0000
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
1970
Construction
CONCRETE
Heating
HOT WATER
Cooling
YES
Buildings
3
Stories
2
Units
3
Total area
63,505 SF
Lot
40.73 ac (1,774,199 SF)
Zoning code
BM
APN
HNOV M:002 B:003 L:001
UPID
US58-0360693
Jurisdiction
HANOVER TOWN
Zoning & alternative use
BM · Hanover, NH
Zoning BM · permitted uses
BM · Hanover, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hanover. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$5.6M
COMMERCIAL (GENERAL)
Est. value
$10.0M
RESTAURANT
Est. value
$6.5M
AUTO REPAIR, GARAGE
Est. value
$6.3M
RETAIL STORES
Est. value
$5.4M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
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
1970
Construction
CONCRETE
Heating
HOT WATER
Cooling
Yes
Stories
2
Buildings
3
Units
3
Lot
40.73 ac
Current owner
From public records · entity-resolved
Creare LLC
Entity
Mailing address
16 GREAT HOLW RD, HANOVER, NH 03755-3116
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 6, 2023
—
Creare LLC
—
Deed
related
$4,200,000 · Jeffrey J Breedlove
Sep 11, 2020
—
Creare LLC
—
Deed
related
$1,000,000 · Mascoma Bk
Sep 21, 2005
—
Creare INC
—
Deed Of Trust
related
$2,000,000 · Citizens Bank Of Nh
—
—
Creare LLC
—
Deed Of Trust
related
$1,000,000 · Mascoma Bk
—
—
Creare LLC
—
Deed Of Trust
related
$1,000,000 · Mascoma 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.
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