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Property profile & analytics
OFF-MARKET
Estimated value
$875,000
Showrooms
1818 Nh Rte 140, Gilmanton Iron Works, NH 03837-4825
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US58-0187606
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1900
Total area
7,049 SF
Lot
0.36 ac (15,682 SF)
Zoning code
VIL V
APN
GILM M:00115 L:031000 S:000000
UPID
US58-0187606
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
$840k
CAP Approach
CAP
$1.00M
Comparable Approach
Comparable
$587k
Blend (final)
Blend
$875k
Owner & transaction history
Lord Nilkanth LLC · 1 yrs held
Lord Nilkanth LLC
since 2025
Last sale
$1.0M
3 recorded transactions
Zoning & alternative use
VIL V · Gilmanton Iron Works, 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 Gilmanton Iron Works submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gilmanton Iron Works 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
$825,000
ML approach
$840,000
CAP Approach
CAP Return
Estimation
6%
$1,080,000
6.5%
$1,000,000
7%
$930,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,090,000
Current use
OFFICE BUILDING
$955,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$875k
Range $788k – $963k · ±10% · vs last sale $1.00M (Jan 14 2025)
Last sale anchor
$1.00M
Jan 14 2025
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
$124 / 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
$10,156
Tax year 2023
Assessed value
$434,200
Assessed 2023
Previous assessed
$434,200
+0.0% YoY
Effective rate
2.34%
On assessed value
Assessed land
$124,900
Assessed improvement
$309,300
Applied tax rate
28,980.0000
Comparables
2 recent transactions · within 1.5 miComparable in this city
2 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1900
Heating
FORCED AIR
Cooling
YES
Stories
2
Bathrooms
2
Total area
7,049 SF
Lot
0.36 ac (15,682 SF)
Zoning code
VIL V
APN
GILM M:00115 L:031000 S:000000
UPID
US58-0187606
Jurisdiction
GILMANTON TOWN
Zoning & alternative use
VIL V · Gilmanton Iron Works, NH
Zoning VIL V · permitted uses
VIL V · Gilmanton Iron Works, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gilmanton Iron Works. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.1M
OFFICE BUILDING
Est. value
$955,000
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
1900
Heating
FORCED AIR
Cooling
Yes
Stories
2
Bathrooms
2
Lot
0.36 ac
Current owner
From public records · entity-resolved
Lord Nilkanth LLC
Entity
Mailing address
425 PROVINCE RD, GILMANTON, NH 03237-4315
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
Jan 14, 2025
$1,000,000
Lord Nilkanth LLC
Peyton Place Prop LLC
Warranty Deed
$800,000 · Franklin Savings Bank (maine)
Jun 29, 2005
—
Gilmanton Iron Works INC
—
Deed Of Trust
related
$95,000 · Gilmanton Iron Works Square Corp
Jun 28, 2005
—
Ss Realty Of Gilmanton Iw
—
Deed Of Trust
related
$336,000 · Td Bank NA
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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