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Property profile & analytics
OFF-MARKET
Estimated value
$1,000,000
Commercial real estate
176 Fair St Laconia, NH 03246-3322
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US58-0345725
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1968
Construction
FRAME
Total area
6,010 SF
Lot
4 ac (174,240 SF)
Zoning code
UC
APN
LACO M:441 B:74 L:23
UPID
US58-0345725
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
-
Boulia-Gorrell Lumber Co Big Box & Wholesale Store Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$850k
Comparable Approach
Comparable
$1.05M
Blend (final)
Blend
$1.00M
Owner & transaction history
Boulia-gorrell Lumber Co INC · 6 yrs held
Boulia-gorrell Lumber Co INC
since 2020
5 recorded transactions
Zoning & alternative use
UC · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$925,000
6.5%
$850,000
7%
$790,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$960,000
Current use
OFFICE BUILDING
$815,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$1.00M
Range $900k – $1.10M · ±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
$166 / 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
$20,954
Tax year 2023
Assessed value
$1,506,400
Assessed 2023
Previous assessed
$1,506,400
+0.0% YoY
Effective rate
1.39%
On assessed value
Assessed land
$381,000
Assessed improvement
$1,125,400
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1968
Construction
FRAME
Heating
FORCED AIR
Buildings
9
Stories
1
Units
1
Bathrooms
1
Total area
6,010 SF
Lot
4 ac (174,240 SF)
Zoning code
UC
APN
LACO M:441 B:74 L:23
UPID
US58-0345725
Jurisdiction
LACONIA CITY
Zoning & alternative use
UC · Laconia, NH
Zoning UC · permitted uses
UC · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$960,000
OFFICE BUILDING
Est. value
$815,000
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
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
1968
Construction
FRAME
Heating
FORCED AIR
Stories
1
Buildings
9
Units
1
Bathrooms
1
Lot
4 ac
Current owner
From public records · entity-resolved
Boulia-gorrell Lumber Co INC
Entity
Mailing address
176 FAIR ST, LACONIA, NH 03246-3322
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 4, 2020
—
Boulia-gorrell Lumber Co INC
—
Deed
related
$225,000 · Enterprise Bk
Jul 20, 2016
—
Boulia-gorrell Lumber Co INC
—
Deed
related
$1,035,920 · Enterprise Bk
—
—
Boulia-gorrell Lumber Co INC
—
Deed Of Trust
related
$1,035,920 · Enterprise Bk
—
—
Boulia-gorrell Lumber Co INC
—
Deed Of Trust
related
$225,000 · Enterprise Bk
—
—
Boulia-gorrell Lumber Co INC
—
Deed Of Trust
related
$1,000,000 · Enterprise 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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