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    Property profile & analytics

    200 State St, Unit 206 Concord, NH 03301-3222

    • Office buildings
    • 9,599 SF
    • 1.29 lot acres
    OFF-MARKET
    Value Estimation
    $1,060,000
    Last Sale
    Dec 17, 2021
    $950,000
    Location Intelligence
    Property ID
    US58-0289079
    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

    • Granite State EMS, LLC / Adult Education School
    • Granite State Maternal Wellness / Obstetrician-Gynecologist
    • Root Alchemy / Alternative Medicine Practitioner

    Property Details for 200 State St

    Year built
    1920
    Construction
    FRAME
    Lot size
    1.29 lot acres
    Property size
    9,599 SF
    Zone code
    UT
    Property type
    Office buildings
    APN
    CNCD M:582Z B:21
    APU
    CNCDM582ZB21

    Description

    This exceptional Concord, NH investment opportunity boasts a prime location on North State Street, offering significant potential for strong returns. The property features a substantial 1.29-acre lot with 315 feet of frontage on a high-traffic thoroughfare, experiencing over 17,000 vehicles daily. The site includes ample parking with 41+ on-site spaces supplemented by 9+ street parking spots. Conveniently situated just minutes from I-93 and downtown Concord, this property enjoys excellent accessibility. The property includes a 33x46 garage with a loading dock, adding to its versatility. Utilities include natural gas, public water, and sewer. The property is well-maintained and landscaped. Currently, all three units are fully leased, generating an annual revenue of $165,000 and a 10% capitalization rate. This presents a rare chance to acquire a well-established, income-producing asset in a thriving New Hampshire market. The property's size, location, and current occupancy make it an attractive investment for discerning buyers seeking a high-yield opportunity. This is a turnkey operation ready for immediate income generation.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,055,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,050,000
      6.5%
      $990,000
      7%
      $955,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,200,000
      Geo Method
      $990,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,045,000
      Retail
      $985,000
      Mixed-Use
      $920,000
      Hospitality
      $910,000
      Educational
      $1,000,000
      Residential Income
      $870,000
      Energy
      $890,000
      Income-Based Land
      $935,000
      Food Service
      $955,000

    Location Insight

    • Map
    • Local Demand
    City
    Concord
    County
    Merrimack
    State
    New Hampshire
    Longitude
    -71.5507
    Latitude
    43.2211
    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
    $28,963
    $352,200
    $726,100
    $1,078,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

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      7 Bicentennial Sq, Concord, NH 03301
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      4 Bouton St

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      20 Chenell Dr

      OFFICE BUILDING • 14,252 SF
      20 Chenell Dr, Concord, NH 03301-8537
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      4 Church St

      OFFICE BUILDING • 19,104 SF
      4 Church St, Concord, NH 03301-6406
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    • Value Estimation by Request
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      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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    • $3,000 /Mo
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      Concord NH Office Sublease

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    200 State St, Unit 206
    Concord, NH 03301-3222
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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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