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Property profile & analytics
OFF-MARKET
Estimated value
$1,050,000
Showrooms
2 Bartlett St, Allenstown, NH 03275-1816
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US58-0626766
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1890
Construction
FRAME
Total area
7,841 SF
Lot
0.44 ac (19,166 SF)
Zoning code
R1 - R
APN
ALLE M:00110 L:000004 S:000000
UPID
US58-0626766
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
-
Professional Physical Therapy Physician
-
Peter Minnehan Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.05M
CAP Approach
CAP
$1.08M
Comparable Approach
Comparable
$869k
Blend (final)
Blend
$1.05M
Owner & transaction history
Pemi Properties Nh LLC · 1 yrs held
Pemi Properties Nh LLC
since 2024
Last sale
$1.1M
4 recorded transactions
Zoning & alternative use
R1 - R · Allenstown, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.6M
+30.9%
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 Allenstown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Allenstown 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
$1,050,000
ML approach
$1,050,000
CAP Approach
CAP Return
Estimation
6%
$1,170,000
6.5%
$1,080,000
7%
$1,005,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,240,000
Current use
AUTO REPAIR, GARAGE
$1,620,000
Change: +31% · Conversion: Difficult
RETAIL STORES
$1,145,000
Change: -8% · Conversion: Easy
INDUSTRIAL (GENERAL)
$1,105,000
Change: -11% · Conversion: Moderate
OFFICE BUILDING
$1,040,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$1.05M
Range $945k – $1.16M · ±10% · vs last sale $1.05M (Sep 6 2024)
Last sale anchor
$1.05M
Sep 6 2024
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
$134 / 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
$15,097
Tax year 2023
Assessed value
$712,100
Assessed 2023
Previous assessed
$712,100
+0.0% YoY
Effective rate
2.12%
On assessed value
Assessed land
$198,400
Assessed improvement
$513,700
Applied tax rate
660.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 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
1890
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
3
Units
8
Bathrooms
8
Total area
7,841 SF
Lot
0.44 ac (19,166 SF)
Zoning code
R1 - R
APN
ALLE M:00110 L:000004 S:000000
UPID
US58-0626766
Jurisdiction
ALLENSTOWN TOWN
Zoning & alternative use
R1 - R · Allenstown, NH
Zoning R1 - R · permitted uses
R1 - R · Allenstown, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Allenstown. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.6M
RETAIL STORES
Est. value
$1.1M
INDUSTRIAL (GENERAL)
Est. value
$1.1M
OFFICE BUILDING
Est. value
$1.0M
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
RETAIL STORES
INDUSTRIAL (GENERAL)
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
1890
Construction
FRAME
Heating
FORCED AIR
Stories
3
Buildings
1
Units
8
Bathrooms
8
Lot
0.44 ac
Current owner
From public records · entity-resolved
Pemi Properties Nh LLC
Entity
Mailing address
2 BARTLETT ST, ALLENSTOWN, NH 03275-1816
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 6, 2024
$1,050,000
Pemi Properties Nh LLC
2 Bartlett Manager LLC
Warranty Deed
$990,000 · Mascoma Bank
Sep 20, 2022
$760,000
2 Bartlett Manager LLC
Toucays Properties LLC
Warranty Deed
$570,000 · Triangle Credit Union
May 23, 2019
—
Toucays Properties LLC
—
Grant Deed
related
$2,125,000 · Digital Emp FCU
Apr 29, 2016
$450,000
Toucays Properties LLC
Turcotte,gilles & Judith
Warranty Deed
$337,500 · Pentucket 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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