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Property profile & analytics
OFF-MARKET
Estimated value
$8,485,000
Commercial real estate
203 Lowell Rd Hudson, NH 03051-4909
Individually Owned
19-yr Hold
~
Est. High Equity
Property ID
US58-0378468
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1966
Construction
FRAME
Total area
77,015 SF
Lot
5.13 ac (223,463 SF)
Zoning code
BD
APN
HDSO M:216 B:002 L:000
UPID
US58-0378468
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
-
Cheryl E. Mcguire, OTR Physician
-
Laurel Place Assisted Living (at Fairview Senior Living) Nursing Home Retirement Community
-
The Inn at Fairview Memory Care (at Fairview Senior Living) Nursing Home Retirement Community
-
Fairview Senior Living Nursing Home
-
Tara Watts Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$11.70M
Blend (final)
Blend
$8.49M
Owner & transaction history
Merrimac Re Investors · 19 yrs held
Merrimac Re Investors
since 2007
3 recorded transactions
Zoning & alternative use
BD · Hudson, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$13.6M
+25.8%
Retail stores
$12.6M
+16.2%
Office building
$11.4M
+5.6%
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 Hudson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hudson 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$10,830,000
Current use
AUTO REPAIR, GARAGE
$13,625,000
Change: +26% · Conversion: Difficult
RETAIL STORES
$12,590,000
Change: +16% · Conversion: Easy
OFFICE BUILDING
$11,435,000
Change: +6% · Conversion: Easy
INDUSTRIAL (GENERAL)
$9,210,000
Change: -15% · Conversion: Moderate
Blend value · Realmo final
$8.49M
Range $7.64M – $9.33M · ±10%
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
$110 / 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
$187,274
Tax year 2023
Assessed value
$11,943,500
Assessed 2023
Previous assessed
$11,943,500
+0.0% YoY
Effective rate
1.57%
On assessed value
Assessed land
$3,329,200
Assessed improvement
$8,614,300
Applied tax rate
37,940.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1966
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
3
Stories
1
Units
183
Rooms
88
Bathrooms
51
Total area
77,015 SF
Lot
5.13 ac (223,463 SF)
Zoning code
BD
APN
HDSO M:216 B:002 L:000
UPID
US58-0378468
Jurisdiction
HUDSON TOWN
Zoning & alternative use
BD · Hudson, NH
Zoning BD · permitted uses
BD · Hudson, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hudson. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$10.8M
AUTO REPAIR, GARAGE
Est. value
$13.6M
RETAIL STORES
Est. value
$12.6M
OFFICE BUILDING
Est. value
$11.4M
INDUSTRIAL (GENERAL)
Est. value
$9.2M
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
INDUSTRIAL (GENERAL)
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
1966
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
3
Units
183
Rooms
88
Bathrooms
51
Lot
5.13 ac
Current owner
From public records · entity-resolved
Merrimac Re Investors
Individual
Mailing address
203 LOWELL RD, HUDSON, NH 03051-4909
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 28, 2017
—
Merrimac R & E Invtrs LLC
—
Deed
related
$18,082,000 · Wells Fargo Bk
May 2, 2007
$4,576,000
Merrimac Re Investors
Jjbr Realty
Warranty Deed
$6,300,000 · Colombo Savings Bank Fsb
—
—
Merrimac R & E Invtrs LLC
—
Deed Of Trust
related
$18,082,000 · 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.
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