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Property profile & analytics
OFF-MARKET
Estimated value
$2,565,000
Bowling alleys
16 Rockingham Rd, Windham, NH 03087-1309
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US58-0187043
Property profile
Verified
Property type
Bowling alleys
Use group
BOWLING ALLEY
Year built
1948
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
33,217 SF
Lot
4.22 ac (183,823 SF)
Zoning code
CDA
APN
WNDM M:13 B:B L:40
UPID
US58-0187043
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
$2.13M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.57M
Owner & transaction history
Helix Enterprise LLC · 3 yrs held
Helix Enterprise LLC
since 2023
Last sale
$3.0M
6 recorded transactions
Zoning & alternative use
CDA · Windham, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Windham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Windham 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
$2,140,000
ML approach
$2,125,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$4,085,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,030,000
Change: 0% · Conversion: Difficult
RESTAURANT
$3,600,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,015,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$2,795,000
Change: 0% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$2,165,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$2.57M
Range $2.31M – $2.82M · ±10% · vs last sale $3.00M (May 31 2023)
Last sale anchor
$3.00M
May 31 2023
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
$77 / 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
$35,248
Tax year 2022
Assessed value
$1,783,800
Assessed 2022
Previous assessed
$1,783,800
+0.0% YoY
Effective rate
1.98%
On assessed value
Assessed land
$1,183,600
Assessed improvement
$600,200
Applied tax rate
85,780.0000
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Bowling alleys
Use group
BOWLING ALLEY
Status
Off-Market
Year built
1948
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
2
Bathrooms
4
Total area
33,217 SF
Lot
4.22 ac (183,823 SF)
Zoning code
CDA
APN
WNDM M:13 B:B L:40
UPID
US58-0187043
Jurisdiction
WINDHAM TOWN
Metro division
ROCKINGHAM COUNTY-STRAFFORD COUNTY, NH METROPOLITAN DIVISION
Zoning & alternative use
CDA · Windham, NH
Zoning CDA · permitted uses
CDA · Windham, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Windham. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$4.1M
COMMERCIAL (GENERAL)
Est. value
$4.0M
RESTAURANT
Est. value
$3.6M
AUTO REPAIR, GARAGE
Est. value
$3.0M
RETAIL STORES
Est. value
$2.8M
INDUSTRIAL (GENERAL)
Est. value
$2.2M
OFFICE BUILDING
COMMERCIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
INDUSTRIAL (GENERAL)
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
1948
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
2
Bathrooms
4
Lot
4.22 ac
Current owner
From public records · entity-resolved
Helix Enterprise LLC
Entity
Mailing address
16 ROCKINGHAM RD, WINDHAM, NH 03087-1309
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 6, 2025
—
Helix Enterprise LLC
—
Deed
related
$1,840,000 · Millyard Bank
Dec 18, 2024
—
Helix Enterprise LLC
—
Deed
related
$4,500,000 · Millyard Bank
May 31, 2023
$3,000,000
Helix Enterprise LLC
Parr One Real Estate LLC
Warranty Deed
$2,000,000 · Bank Of England
Apr 15, 2020
—
Parr Real Estate LLC
—
Deed
related
$1,800,000 · Charles Riv Bk
Feb 19, 2015
$1,500,000
Parr1 Real Estate LLC
Sandys Bowling Lanes INC
Warranty Deed
$840,000 · Charles Riv Bk
—
—
Parr Real Estate LLC
—
Deed Of Trust
related
$1,800,000 · Charles Riv 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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