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Property profile & analytics
OFF-MARKET
Individual retail properties
171 Fair St, Laconia, NH 03246-3323
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US58-0243859
Property profile
Verified
Property type
Individual retail properties
Use group
GYM, HEALTH SPA
Year built
1970
Construction
STEEL FRAME
Total area
16,272 SF
Lot
1.6 ac (69,560 SF)
Zoning code
DRD
APN
LACO M:441 B:74 L:22
UPID
US58-0243859
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
-
The Downtown Gym & Training Center Gym & Fitness Center
-
Frates Dance Studio Training Center
-
Dr. Craig Hokanson Alternative Medicine Practice
-
Great Full Life Massage Alternative Medicine Practice Spa & Massage Center
-
American Carpet & Flooring of Laconia Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Dtg Bldg Prop Mgmt LLC · 3 yrs held
Dtg Bldg Prop Mgmt LLC
since 2023
4 recorded transactions
Zoning & alternative use
DRD · Laconia, 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 Laconia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Laconia 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$13,975
Tax year 2023
Assessed value
$1,004,700
Assessed 2023
Previous assessed
$1,102,400
-8.9% YoY
Effective rate
1.39%
On assessed value
Assessed land
$178,500
Assessed improvement
$826,200
Applied tax rate
40,180.0000
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
Individual retail properties
Use group
GYM, HEALTH SPA
Status
Off-Market
Year built
1970
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
4
Bathrooms
2
Total area
16,272 SF
Lot
1.6 ac (69,560 SF)
Zoning code
DRD
APN
LACO M:441 B:74 L:22
UPID
US58-0243859
Jurisdiction
LACONIA CITY
Zoning & alternative use
DRD · Laconia, NH
Zoning DRD · permitted uses
DRD · Laconia, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Laconia. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1970
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
4
Bathrooms
2
Lot
1.6 ac
Current owner
From public records · entity-resolved
Dtg Bldg Prop Mgmt LLC
Entity
Mailing address
171 FAIR ST, LACONIA, NH 03246-3323
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 24, 2023
—
Dtg Bldg Prop Mgmt LLC
The Downtown Gym LLC
Warranty Deed
—
Jul 28, 2022
$1,200,000
Downtown Gym LLC
Beacon Mill INC
Warranty Deed
$960,000 · Franklin Savings Bank
Jan 12, 2012
—
Beacon Mill INC
—
Deed Of Trust
related
$149,900 · Laconia Savings Bank
Feb 13, 2009
—
Beacon Mill INC
—
Deed Of Trust
related
$310,000 · Belknap County Eco
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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