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Property profile & analytics
FOR SALE
Showrooms
198 Londonderry Tpke, Hooksett, NH 03106
Entity Owned
~
Est. High Equity
Property ID
US58-0011269
For Sale
1 / 44
$1,575,000
198 Londonderry Tpke, Hooksett, NH 03106
View Listing →
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1968
Construction
STEEL FRAME
Total area
18,240 SF
Lot
3.41 ac (148,540 SF)
Zoning code
COM
APN
HOOK M:36 B:45 L:1
UPID
US58-0011269
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.19M
Owner & transaction history
Southern Nh Invs LLC
Southern Nh Invs LLC
since 2026
7 recorded transactions
Zoning & alternative use
COM · Hooksett, 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 Hooksett submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hooksett 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
$120 / 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
$25,183
Tax year 2023
Assessed value
$1,575,900
Assessed 2023
Previous assessed
$1,309,300
+20.4% YoY
Effective rate
1.60%
On assessed value
Assessed land
$593,800
Assessed improvement
$982,100
Applied tax rate
37,300.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
For Sale
Year built
1968
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
4
Total area
18,240 SF
Lot
3.41 ac (148,540 SF)
Zoning code
COM
APN
HOOK M:36 B:45 L:1
UPID
US58-0011269
Jurisdiction
HOOKSETT TOWN
Zoning & alternative use
COM · Hooksett, NH
Zoning COM · permitted uses
COM · Hooksett, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hooksett. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1968
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
4
Lot
3.41 ac
Current owner
From public records · entity-resolved
Southern Nh Invs LLC
Entity
Mailing address
101 E INDUSTRIAL PARK DR, MANCHESTER, NH 03109-5311
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 29, 2026
—
Southern Nh Invs LLC
—
Deed
related
$560,000 · State Marys Bank
Apr 29, 2026
$1,400,000
Southern Nh Invs LLC
198 Londonderry LLC
Warranty Deed
$700,000 · State Marys Bank
Nov 17, 2022
—
1134 Hooksett Road LLC
—
Deed
related
$400,000 · Franklin Savings Bank
Jun 23, 2022
—
1134 Hooksett Road LLC
—
Deed
related
$850,000 · Franklin Savings Bank
Mar 11, 2011
—
198 Londonderry LLC
—
Deed Of Trust
related
$1,055,000 · Salem Five Cents Savings Bank
Mar 9, 2011
—
198 Londonderry LLC
—
Deed Of Trust
related
$1,055,000 · Salem Five Cents Savings Bank
Aug 20, 2008
—
198 Londonderry LLC
—
Deed Of Trust
related
$104,000 · Jon Lariviere
Dec 5, 2007
—
198 Londonderry LLC
—
Deed Of Trust
related
$952,500 · Salem Five Cents Savings Bank
Jun 16, 2005
$725,000
198 Londonderry LLC
Tappen,robert E
Warranty Deed
$525,000 · Zwi Kohorn
Aug 3, 1998
$235,000
Robert E Tappen
Water Healthcare Corp
Warranty Deed
$187,500 · Granite Savings Bank
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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