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Property profile & analytics
OFF-MARKET
Banks
2 Derby Rd, Derry, NH 03038-4602
Individually Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US58-0282098
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
2005
Construction
FRAME
Total area
144 SF
Lot
0.18 ac (7,841 SF)
Zoning code
GC
APN
DERY M:37 B:84 L:1
UPID
US58-0282098
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
by Request
Owner & transaction history
Michael Anderson · 10 yrs held
Michael Anderson
since 2015
7 recorded transactions
Zoning & alternative use
GC · Derry, 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 Derry submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Derry 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
—
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
$4,787
Tax year 2023
Assessed value
$231,500
Assessed 2023
Previous assessed
$228,800
+1.2% YoY
Effective rate
2.07%
On assessed value
Assessed land
$112,300
Assessed improvement
$119,200
Applied tax rate
17,940.0000
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
2005
Construction
FRAME
Heating
BASEBOARD
Cooling
YES
Buildings
1
Stories
1
Units
1
Total area
144 SF
Lot
0.18 ac (7,841 SF)
Zoning code
GC
APN
DERY M:37 B:84 L:1
UPID
US58-0282098
Jurisdiction
DERRY TOWN
Metro division
ROCKINGHAM COUNTY-STRAFFORD COUNTY, NH METROPOLITAN DIVISION
Zoning & alternative use
GC · Derry, NH
Zoning GC · permitted uses
GC · Derry, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Derry. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2005
Construction
FRAME
Heating
BASEBOARD
Cooling
Yes
Stories
1
Buildings
1
Units
1
Lot
0.18 ac
Current owner
From public records · entity-resolved
Michael Anderson
Individual
Mailing address
317 S RIV RD, BEDFORD, NH 03110-6829
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 21, 2015
$426,200
Michael Anderson
Brook Hollow Corp
Warranty Deed
$404,824 · Usaa
Dec 10, 2015
$398,200
Mark E Bondra
Brook Hollow Corp
Warranty Deed
$406,693 · Freedom Mtg
Oct 23, 2015
—
Brook Hollow Corp
—
Trustees Deed
related
$788,458 · Merrimack Cnty Svgs Bk
May 14, 2015
—
Brook Hollow Corp
—
Trustees Deed
related
$2,400,000 · Merrimack Cnty Svgs Bk
Jan 20, 2015
$454,333
Jonathan A Lippo
Brook Hollow Corp
Warranty Deed
$408,870 · Merrimack Mtg
Dec 31, 2014
$397,333
Butcher,nathan & Amanda
Brook Hollow Corp
Warranty Deed
$317,827 · Wells Fargo Bk
Dec 5, 2014
$434,133
Thomas,darren M & Allison L
Brook Hollow Corp
Warranty Deed
$347,202 · Wells Fargo 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.
Try Rey
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