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Property profile & analytics
OFF-MARKET
Office Spaces
224 Main St 4 New London, NH 03257-7808
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US58-0265557
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1900
Total area
1,512 SF
Zoning code
COMMER
APN
NLDN M:84 L:65 S:0 U:1-4
UPID
US58-0265557
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
-
Taylor Cottrill LLC Financial Advisor
-
Donna Forest Real Estate Agency
-
Jenna Sievers, BHGRE The Milestone Team Real Estate Agency
-
Baker Orthodontics Dental Office
-
Mariner Financial Advisor
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
Tb2 Real Estate Holdings LLC · 6 yrs held
Tb2 Real Estate Holdings LLC
since 2019
4 recorded transactions
Zoning & alternative use
COMMER · New London, 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 New London submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New London 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
$2,691
Tax year 2023
Assessed value
$248,900
Assessed 2023
Previous assessed
$232,900
+6.9% YoY
Effective rate
1.08%
On assessed value
Assessed improvement
$248,900
Applied tax rate
52,100.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1900
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
1
Total area
1,512 SF
Zoning code
COMMER
APN
NLDN M:84 L:65 S:0 U:1-4
UPID
US58-0265557
Jurisdiction
NEW LONDON TOWN
Zoning & alternative use
COMMER · New London, NHZoning COMMER · permitted uses
COMMER · New London, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1900
Heating
HOT WATER
Cooling
Yes
Stories
1
Buildings
1
Current owner
From public records · entity-resolved
Tb2 Real Estate Holdings LLC
Entity
Free & Clear · 6 yrs held
Mailing address
18 BUCK RD, HANOVER, NH 03755-2700
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 26, 2019
—
Tb2 Real Estate Holdings LLC
Baker,gregory L
Quit Claim Deed
related
—
Mar 9, 2012
$148,000
Gregory L Baker
Palson,eric
Warranty Deed
$152,000 · Ledyard National Bank
—
—
Gregory L Baker
—
Deed Of Trust
related
$103,799 · Bar Harbor Bk&tr
—
—
Gregory L Baker
—
Deed Of Trust
related
$402,950 · Bar Harbor Bk&tr
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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