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Property profile & analytics
OFF-MARKET
Estimated value
$3,080,000
Retail properties & Spaces
209 Rte 101 Bedford, NH 03110-5440
Entity Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US58-0238986
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
1975
Construction
FRAME
Total area
26,595 SF
Lot
11.7 ac (509,652 SF)
Zoning code
CO
APN
BEDD M:20 B:39 L:
UPID
US58-0238986
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
$4.02M
Blend (final)
Blend
$3.08M
Owner & transaction history
209 Route 101 Realty LLC · 13 yrs held
209 Route 101 Realty LLC
since 2012
6 recorded transactions
Zoning & alternative use
CO · Bedford, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$4.4M
+18.6%
Commercial (general)
$4.2M
+11.4%
Industrial (general)
$4.1M
+8.6%
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 Bedford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bedford 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
RETAIL STORES
$3,750,000
Current use
AUTO REPAIR, GARAGE
$4,445,000
Change: +19% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,175,000
Change: +11% · Conversion: Easy
INDUSTRIAL (GENERAL)
$4,070,000
Change: +9% · Conversion: Difficult
Blend value · Realmo final
$3.08M
Range $2.77M – $3.39M · ±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
$116 / 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
$58,183
Tax year 2023
Assessed value
$3,931,300
Assessed 2023
Previous assessed
$3,761,800
+4.5% YoY
Effective rate
1.48%
On assessed value
Assessed land
$999,100
Assessed improvement
$2,932,200
Applied tax rate
4,500.0000
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
Retail properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
1975
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
2
Units
6
Rooms
15
Bathrooms
4
Total area
26,595 SF
Lot
11.7 ac (509,652 SF)
Zoning code
CO
APN
BEDD M:20 B:39 L:
UPID
US58-0238986
Jurisdiction
BEDFORD TOWN
Zoning & alternative use
CO · Bedford, NH
Zoning CO · permitted uses
CO · Bedford, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bedford. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$3.8M
AUTO REPAIR, GARAGE
Est. value
$4.4M
COMMERCIAL (GENERAL)
Est. value
$4.2M
INDUSTRIAL (GENERAL)
Est. value
$4.1M
RETAIL STORES Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
1975
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
2
Units
6
Rooms
15
Bathrooms
4
Lot
11.7 ac
Current owner
From public records · entity-resolved
209 Route 101 Realty LLC
Entity
Mailing address
1662 ELM ST, MANCHESTER, NH 03101-1243
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 7, 2020
—
209 Route 101 Realty LLC
—
Deed
related
$3,913,000 · Primary Bk
Mar 18, 2019
—
209 Route 101 Realty LLC
—
Deed
related
$300,000 · Primary Bk
Dec 5, 2012
$2,500,000
209 Route 101 Realty LLC
Federal Bake Shop LP
Warranty Deed
$1,300,000 · Hampshire First Bank
—
—
209 Route 101 Realty LLC
—
Deed Of Trust
related
$300,000 · Primary Bk
—
—
209 Route 101 Realty LLC
—
Deed Of Trust
related
$2,700,000 · Bangor Svgs Bk
—
—
209 Route 101 Realty LLC
—
Deed Of Trust
related
$3,913,000 · Primary 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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