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Property profile & analytics
OFF-MARKET
Estimated value
$7,895,000
Industrial properties
190 Zachary Rd Manchester, NH 03109-5609
Individually Owned
19-yr Hold
~
Est. High Equity
Property ID
US58-0698790
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
70,714 SF
Lot
35.18 ac (1,532,447 SF)
APN
MNCH M:0727 B:000 L:0001I
UPID
US58-0698790
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
-
Air Purchases Inc Building Supply Hardware & Home Improvement
-
API of New Hampshire & Delta T Distributors Distribution Center Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$9.53M
Comparable Approach
Comparable
$7.67M
Blend (final)
Blend
$7.90M
Owner & transaction history
Api Of Nh Rlty · 19 yrs held
Api Of Nh Rlty
since 2007
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$12.9M
+16.3%
Auto repair, garage
$11.8M
+6.7%
Commercial (general)
$11.1M
+0.2%
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%
$10,325,000
6.5%
$9,530,000
7%
$8,850,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$11,085,000
Current use
OFFICE BUILDING
$12,900,000
Change: +16% · Conversion: Difficult
AUTO REPAIR, GARAGE
$11,825,000
Change: +7% · Conversion: Easy
COMMERCIAL (GENERAL)
$11,105,000
Change: +0% · Conversion: Difficult
RETAIL STORES
$9,970,000
Change: -10% · Conversion: Moderate
Blend value · Realmo final
$7.90M
Range $7.11M – $8.68M · ±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
$112 / 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
$79,587
Tax year 2023
Assessed value
$4,219,900
Assessed 2023
Previous assessed
$4,219,900
+0.0% YoY
Effective rate
1.89%
On assessed value
Assessed land
$787,000
Assessed improvement
$3,432,900
Applied tax rate
45,140.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Buildings
1
Stories
1
Units
1
Bathrooms
2
Total area
70,714 SF
Lot
35.18 ac (1,532,447 SF)
APN
MNCH M:0727 B:000 L:0001I
UPID
US58-0698790
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
INDUSTRIAL (GENERAL) Current
Est. value
$11.1M
OFFICE BUILDING
Est. value
$12.9M
AUTO REPAIR, GARAGE
Est. value
$11.8M
COMMERCIAL (GENERAL)
Est. value
$11.1M
RETAIL STORES
Est. value
$10.0M
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
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
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Buildings
1
Units
1
Bathrooms
2
Lot
35.18 ac
Current owner
From public records · entity-resolved
Api Of Nh Rlty
Individual
Mailing address
190 ZACHARY RD, MANCHESTER, NH 03109-5609
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 14, 2018
—
Api Of Nh Realty LLC
—
Deed
related
$1,560,000 · Citizens Bk NA
Oct 5, 2016
—
Api Of Nh Realty LLC
—
Deed
related
$2,900,000 · Citizens Bk
May 21, 2007
—
Api Of Nh Realty LLC
—
Deed Of Trust
related
$5,165,000 · Sovereign Bank
Mar 1, 2007
$840,000
Api Of Nh Rlty
Astoria Holdings LLC
Warranty Deed
$840,000 · Zuckerman Family Nomi
—
—
Api Of Nh Realty LLC
—
Deed Of Trust
related
$1,560,000 · Citizens Bk NA
—
—
Api Of Nh Realty LLC
—
Deed Of Trust
related
$2,900,000 · Citizens 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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