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    Property profile & analytics

    221 Loudon Rd Concord, NH 03301-6054

    • Turn key restaurants
    • 5,701 SF
    • 2.96 lot acres
    OFF-MARKET
    Value Estimation
    $2,130,000
    Last Sale
    Feb 23, 2024
    $2,113,600
    Location Intelligence
    Property ID
    US58-0078480
    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

    • TGI Fridays / Restaurant / American Restaurant

    Property Details for 221 Loudon Rd

    Year built
    2006
    Construction
    STEEL FRAME
    Lot size
    2.96 lot acres
    Property size
    5,701 SF
    Zone code
    CG
    Property type
    Turn key restaurants
    APN
    CNCD M:611Z B:1
    APU
    CNCDM611ZB1

    Description

    This exceptional freestanding restaurant building, located at 221 Loudon Rd in Concord, New Hampshire, presents a unique opportunity for a discerning restaurateur. Boasting a substantial 5,818 square feet of space, this single-tenant property is ready for immediate occupancy. The building benefits from a highly visible location on Loudon Road, enhanced by a prominent pylon sign ensuring excellent brand visibility. Ample parking is provided with 168 dedicated spaces, guaranteeing convenient access for patrons. Situated in Merrimack County, this property enjoys close proximity to the significant Steeplegate Mall redevelopment project. This revitalization will bring major retailers such as Costco, Whole Foods, and Chase Bank, creating increased foot traffic and a thriving commercial environment. The 2.96 acres of land provide ample space and potential for future expansion or outdoor seating. The property's strategic location and substantial size make it an ideal investment for a restaurant seeking a high-traffic, easily accessible location in a rapidly developing area of Concord, NH. The zip code is 03301.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,115,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,970,000
      6.5%
      $2,195,000
      7%
      $1,940,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,020,000
      Geo Method
      $2,190,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,495,000
      Retail
      $2,130,000
      Mixed-Use
      $2,185,000
      Hospitality
      $2,345,000
      Educational
      $2,340,000
      Residential Income
      $2,230,000
      Energy
      $2,230,000
      Income-Based Land
      $2,445,000
      Food Service
      $2,360,000

    Location Insight

    • Map
    • Local Demand
    City
    Concord
    County
    Merrimack
    State
    New Hampshire
    Longitude
    -71.4967
    Latitude
    43.2222
    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
    $56,779
    $1,164,700
    $949,200
    $2,113,900
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

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      6,941 SF

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      60-62 Manchester St

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      118 Manchester St

      RESTAURANT • 11,352 SF
      118 Manchester St, Concord, NH 03301-5112
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      1,106 SF

      49 Hall St

      RESTAURANT • 1,106 SF
      49 Hall St, Concord, NH 03301-3417
      View Details
    • Value Estimation
      $780,000
      4,717 SF

      388 Loudon Rd

      RESTAURANT • 4,717 SF
      388 Loudon Rd, Concord, NH 03301-6010
      View Details

    Similar Nearby for Sale

    • Contact for pricing

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      Concord Retail Investment Opportunity

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      Updated Commercial Building with Expansion Potential

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      Prime retail site, formerly a restaurant, with ample parking.
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    Similar Nearby for Lease

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      12,000 SF

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      Concord Retail Space Available

      Prime Concord retail, multiple spaces available.
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      Retail Space Near I-93

      Retail space with high visibility and strong retailer lineup.
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    221 Loudon Rd
    Concord, NH 03301-6054
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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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