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Property profile & analytics

161 State St Concord, NH 03301-5014

  • Banks
  • 10,740 SF
  • 1.78 lot acres
OFF-MARKET
Last Sale
Jul 15, 2020
Value Estimations
$620,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US58-0394351
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Santander Bank ATM / Atm

Property Details for 161 State St

Year built
1966
Construction
STEEL FRAME
Lot size
1.78 lot acres
Property size
10,740 SF
Zone code
CU
Property type
Banks
APN
CNCD M:583Z B:30
APU
CNCDM583ZB30

Description

This exceptional commercial property at 161 North State Street in Concord, NH, offers 24,200 square feet of versatile space ideally suited for a variety of businesses. Situated at a highly visible, lighted intersection just north of Concord's downtown area, this property boasts significant street-level exposure. The building's previous use as a bank provides a unique advantage, featuring existing bank-style fixtures including a tellers' area, spacious public area, private offices, and conference rooms. This ready-to-occupy layout minimizes upfront renovation costs and allows for immediate business operations. A separate rear space offers additional potential for smaller retail use or expansion. Beyond the main level, a full 10,000-square-foot basement is available for lease at $5.00 per square foot, contingent upon leasing the upper floor. This lower level provides ample storage and is well-suited for classroom or training room use. The property also includes a substantial lighted parking lot, a landscaped green area, and a convenient drive-through teller port, enhancing both customer and employee convenience. The 1.48-acre lot provides ample space and opportunities. The asking price for the main level is $18,000,000. This property presents a rare opportunity to secure a prime commercial space in a thriving New Hampshire city.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $480,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $761,000
    Market price range: $690k - $1.60M

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Concord
County
Merrimack
State
New Hampshire
Longitude
-71.5455
Latitude
43.2164
CBSA code
18180
CBSA name
CONCORD, NH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$50,013
$641,400
$1,220,600
$1,862,000
-
$0.00
$0.00
$0.00
More about this property
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