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Property profile & analytics
OFF-MARKET
Turn key restaurants
209 Ocean Blvd Seabrook, NH 03874-4929
Individually Owned
17-yr Hold
~
Est. High Equity
Property ID
US58-0057950
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2006
Construction
FRAME
Total area
5,336 SF
Lot
0.6 ac (26,136 SF)
Zoning code
C4
APN
SEAB M:26 B:91
UPID
US58-0057950
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
-
Ernie's Seaside Restaurant
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
Harborside Restaurant · 17 yrs held
Harborside Restaurant
since 2009
7 recorded transactions
Zoning & alternative use
C4 · Seabrook, 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 Seabrook submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Seabrook 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
$18,257
Tax year 2023
Assessed value
$1,209,900
Assessed 2023
Previous assessed
$1,209,900
+0.0% YoY
Effective rate
1.51%
On assessed value
Assessed land
$795,300
Assessed improvement
$414,600
Applied tax rate
68,260.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2006
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
99
Total area
5,336 SF
Lot
0.6 ac (26,136 SF)
Zoning code
C4
APN
SEAB M:26 B:91
UPID
US58-0057950
Jurisdiction
SEABROOK TOWN
Metro division
ROCKINGHAM COUNTY-STRAFFORD COUNTY, NH METROPOLITAN DIVISION
Zoning & alternative use
C4 · Seabrook, NH
Zoning C4 · permitted uses
C4 · Seabrook, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Seabrook. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2006
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
99
Lot
0.6 ac
Current owner
From public records · entity-resolved
Harborside Restaurant
Individual
Mailing address
PO BOX 1500, HAMPTON, NH 03843-1500
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 17, 2020
—
Harborside Resturant Group LLC
—
Deed
related
$1,900,000 · Bank Of New England
Dec 6, 2018
—
Harborside Restaurant Grp LLC
—
Deed
related
$1,225,000 · Bank Of New England
Oct 10, 2014
—
Harborside Restaurant Grp
—
Grant Deed
related
$150,000 · First Ipswich Bank
May 7, 2013
—
Harborside Restaurant Grp
—
Deed Of Trust
related
$150,000 · First Ipswich Bank
Jan 3, 2013
—
Commercial Real Est Mtg
—
Deed Of Trust
related
$100,000 · First Ipswich Bank
Apr 10, 2009
$900,000
Harborside Restaurant
Azoury Family LLC
Deed
$723,000 · Centrix Bk & Tr
Dec 14, 2006
—
Azoury Family LLC
—
Deed Of Trust
related
$50,000 · Community Bank & Trust Co
Aug 10, 2006
—
Azoury Ft
—
Deed Of Trust
related
$1,260,000 · Community Bank & Trust Co
Jun 23, 2006
—
Azoury Family LLC
—
Deed Of Trust
related
$600,000 · Pioneer Capital Corp
Dec 30, 2005
—
Azoury Family LLC
—
Grant Deed
related
$450,000 · Worth Funding INC
—
—
Harborside Restaurant Grp LLC
—
Deed Of Trust
related
$1,225,000 · Bank Of New England
—
—
Harborside Resturant Group LLC
—
Deed Of Trust
related
$1,900,000 · Bank Of New England
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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