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Property profile & analytics
OFF-MARKET
Estimated value
$20,780,000
Office buildings
1750 Elm St Manchester, NH 03104-2907
Entity Owned
Absentee Owner
Free & Clear
Property ID
US58-0168032
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1950
Construction
STEEL FRAME
Total area
206,478 SF
Lot
3.91 ac (170,469 SF)
APN
MNCH M:0164 B:000 L:0002
UPID
US58-0168032
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
-
Granite State Lunch Box Restaurant
-
New England Psychodiagnostics Medical Clinic
-
Veteran and First Responder Healthcare New Hampshire Advocacy Group Social Service Agency
-
Veteran Affairs Medical Center Medical Group
-
Albert M. Drukteinis, M.D., J.D. Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$27.87M
Comparable Approach
Comparable
$19.74M
Blend (final)
Blend
$20.78M
Owner & transaction history
1750 ELM ST 2 LLC
1750 ELM ST 2 LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$34.5M
+44.1%
Industrial (general)
$31.6M
+31.9%
Retail stores
$29.1M
+21.5%
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 Manchester submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Manchester 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%
$30,195,000
6.5%
$27,870,000
7%
$25,880,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$23,960,000
Current use
AUTO REPAIR, GARAGE
$34,525,000
Change: +44% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$31,605,000
Change: +32% · Conversion: Difficult
RETAIL STORES
$29,110,000
Change: +21% · Conversion: Moderate
COMMERCIAL (GENERAL)
$25,535,000
Change: +7% · Conversion: Easy
WAREHOUSE, STORAGE
$19,665,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$20.78M
Range $18.70M – $22.86M · ±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
$101 / 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
$325,705
Tax year 2023
Assessed value
$17,269,600
Assessed 2023
Previous assessed
$17,269,600
+0.0% YoY
Effective rate
1.89%
On assessed value
Assessed land
$992,100
Assessed improvement
$16,277,500
Applied tax rate
45,140.0000
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
1950
Construction
STEEL FRAME
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
14
Units
30
Total area
206,478 SF
Lot
3.91 ac (170,469 SF)
APN
MNCH M:0164 B:000 L:0002
UPID
US58-0168032
Jurisdiction
MANCHESTER CITY
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$24.0M
AUTO REPAIR, GARAGE
Est. value
$34.5M
INDUSTRIAL (GENERAL)
Est. value
$31.6M
RETAIL STORES
Est. value
$29.1M
COMMERCIAL (GENERAL)
Est. value
$25.5M
WAREHOUSE, STORAGE
Est. value
$19.7M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
RETAIL STORES
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
1950
Construction
STEEL FRAME
Heating
HOT WATER
Cooling
Yes
Stories
14
Buildings
1
Units
30
Lot
3.91 ac
Current owner
From public records · entity-resolved
1750 ELM ST 2 LLC
Entity
Free & Clear · 0 yrs held
Mailing address
670 N COMMERCIAL ST STE #303, MANCHESTER, NH 03101-1149
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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