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Property profile & analytics
OFF-MARKET
Estimated value
$980,000
Office buildings
16 Strafford Ave Durham, NH 03824-1908
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US58-0581380
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2013
Construction
FRAME
Total area
10,320 SF
Lot
0.49 ac (21,344 SF)
Zoning code
PO
APN
DRHM M:106 L:12
UPID
US58-0581380
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
$745k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.22M
Blend (final)
Blend
$980k
Owner & transaction history
Xemed Holdings LLC · 20 yrs held
Xemed Holdings LLC
since 2006
3 recorded transactions
Zoning & alternative use
PO · Durham, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
quired office/retail square footage. 8. Number of bedrooms - There shall be a maximum of 2 bedrooms in any dwelling unit within a mixed use with residential building or development. 175-43. Professional Office District (PO) A. Purpose of the Professional Office District. The purpose of the Professional Office District is to provide an area for the growth of…
Zone name
Professional Office
General category
COMMERCIAL
Zone area
29.83 ac
Top alternative use upside
Commercial (general)
$1.3M
+10.3%
Restaurant
$1.2M
+6.1%
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 Durham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Durham 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
$745,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,160,000
Current use
COMMERCIAL (GENERAL)
$1,275,000
Change: +10% · Conversion: Easy
RESTAURANT
$1,230,000
Change: +6% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,080,000
Change: -7% · Conversion: Difficult
RETAIL STORES
$995,000
Change: -14% · Conversion: Moderate
Blend value · Realmo final
$980k
Range $882k – $1.08M · ±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
$95 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$26,038
Tax year 2023
Assessed value
$1,271,400
Assessed 2023
Previous assessed
$985,000
+29.1% YoY
Effective rate
2.05%
On assessed value
Assessed land
$257,700
Assessed improvement
$1,013,700
Applied tax rate
19,700.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2013
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
3
Units
1
Bathrooms
6
Total area
10,320 SF
Lot
0.49 ac (21,344 SF)
Zoning code
PO
APN
DRHM M:106 L:12
UPID
US58-0581380
Jurisdiction
DURHAM TOWN
Metro division
ROCKINGHAM COUNTY-STRAFFORD COUNTY, NH METROPOLITAN DIVISION
Zoning & alternative use
PO · Durham, NHZoning PO · permitted uses
PO · Durham, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
quired office/retail square footage. 8. Number of bedrooms - There shall be a maximum of 2 bedrooms in any dwelling unit within a mixed use with residential building or development. 175-43. Professional Office District (PO) A. Purpose of the Professional Office District. The purpose of the Professional Office District is to provide an area for the growth of professional services and offices adjacent to the Downtown. The district allows fo
Zone name
Professional Office
General category
COMMERCIAL
Zone area
29.83 ac
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.3M
RESTAURANT
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.1M
RETAIL STORES
Est. value
$995,000
OFFICE BUILDING 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
2013
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
1
Units
1
Bathrooms
6
Lot
0.49 ac
Current owner
From public records · entity-resolved
Xemed Holdings LLC
Entity
Mailing address
16 STRAFFORD AVE, DURHAM, NH 03824-1908
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 20, 2013
—
Xemed Holdings LLC
—
Deed Of Trust
related
$675,000 · Federal Savings Bank
May 16, 2006
$285,000
Xemed Holdings LLC
Center Constrctv Change
Warranty Deed
—
May 16, 2006
—
Xemed Holdings LLC
—
Deed Of Trust
related
$228,000 · Ocean National Bank
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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