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    Property profile & analytics

    2 State St Concord, NH 03301-3734

    • Office buildings
    • 5,143 SF
    • 0.17 lot acres
    OFF-MARKET
    Value Estimation
    $310,000
    Location Intelligence
    Property ID
    US58-0311227
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Charlie's Painting / Lawn Care Service
    • Annis & Zellers Attorneys at Law PLLC / Attorney / Elder Law Attorney
    • Annis & Zellers PLLC / Estate Planning Attorney / Elder Law Attorney

    Property Details for 2 State St

    Year built
    1850
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.17 lot acres
    Property size
    5,143 SF
    Zone code
    CVP
    Property type
    Office buildings
    APN
    CNCD M:7411Z B:43
    APU
    CNCDM7411ZB43

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $305,000

    • CAP approach

      CAP return
      Estimation
      6%
      $305,000
      6.5%
      $290,000
      7%
      $290,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $265,000
      Geo Method
      $270,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $280,000
      Retail
      $295,000
      Mixed-Use
      $350,000
      Hospitality
      $320,000
      Educational
      $330,000
      Residential Income
      $365,000
      Energy
      $330,000
      Income-Based Land
      $360,000
      Food Service
      $340,000

    Location Insight

    • Map
    • Local Demand
    City
    Concord
    County
    Merrimack
    State
    New Hampshire
    Longitude
    -71.5371
    Latitude
    43.2035
    CBSA code
    18180
    CBSA name
    CONCORD, NH MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $14,803
    $198,700
    $352,400
    $551,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      10,815 SF

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      OFFICE BUILDING • 10,815 SF
      27 Locke Rd, Concord, NH 03301-5417
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    • Value Estimation by Request
      8,314 SF

      7 Bicentennial Sq

      OFFICE BUILDING • 8,314 SF
      7 Bicentennial Sq, Concord, NH 03301
      View Details
    • Value Estimation by Request
      28,556 SF

      4 Bouton St

      OFFICE BUILDING • 28,556 SF
      4 Bouton St, Concord, NH 03301-5006
      View Details
    • Value Estimation by Request
      14,252 SF

      20 Chenell Dr

      OFFICE BUILDING • 14,252 SF
      20 Chenell Dr, Concord, NH 03301-8537
      View Details
    • Value Estimation by Request
      19,104 SF

      4 Church St

      OFFICE BUILDING • 19,104 SF
      4 Church St, Concord, NH 03301-6406
      View Details
    • Value Estimation by Request
      14,610 SF

      24 Eagle Sq

      OFFICE BUILDING • 14,610 SF
      24 Eagle Sq, Concord, NH 03301
      View Details

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    Similar Nearby for Lease

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      Prime office space available for sublease near downtown Concord.
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      Capitol Street Office Space Available

      Office space for lease near state government and local amenities.
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    • $14 SF/Yr
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      Concord Flex Space Available

      Affordable 6,000 SF flex space for lease in Concord.
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    • $3,000 /Mo
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      Move-in Ready Office Space

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      View Details
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    2 State St
    Concord, NH 03301-3734
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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