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    Property profile & analytics

    224 S River Rd Bedford, NH 03104

    • Turn key restaurants
    • 5,124 SF
    • 1.26 lot acres
    For Lease
    View listing
    $34 SF/Yr
    Value Estimation
    Location Intelligence
    Property ID
    US58-0388559
    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

    • Turn key restaurants

    Property Details for 224 S River Rd

    Year built
    2005
    Construction
    STEEL FRAME
    Lot size
    1.26 lot acres
    Property size
    5,124 SF
    Zone code
    PZ
    Property type
    Turn key restaurants
    APN
    BEDD M:22 B:31 L:1-3
    APU
    BEDDM22B31L13

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bedford
    County
    Hillsborough
    State
    New Hampshire
    Longitude
    -71.473
    Latitude
    42.9423
    CBSA code
    31700
    CBSA name
    MANCHESTER-NASHUA, NH METROPOLITAN 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
    $20,924
    $519,900
    $893,900
    $1,413,800
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      2,468 SF

      193 Riv Rd

      RESTAURANT • 2,468 SF
      193 Riv Rd, Bedford, NH 03110-6944
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    • Value Estimation
      $3,410,000
      6,426 SF

      2 Upjohn St

      RESTAURANT • 6,426 SF
      2 Upjohn St, Bedford, NH 03110-6705
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    • Value Estimation by Request
      6,888 SF

      216 Riv Rd

      RESTAURANT • 6,888 SF
      216 Riv Rd, Bedford, NH 03110-6819
      View Details
    • Value Estimation by Request
      21,591 SF

      390 Riv Rd

      RESTAURANT • 21,591 SF
      390 Riv Rd, Bedford, NH 03110-6807
      View Details
    • Value Estimation by Request
      14,011 SF

      393 Rte 101

      RESTAURANT • 14,011 SF
      393 Rte 101, Bedford, NH 03110-5028
      View Details
    • Value Estimation by Request
      8,168 SF

      15 Leavey Dr

      RESTAURANT • 8,168 SF
      15 Leavey Dr, Bedford, NH 03110-4437
      View Details

    Similar Nearby for Sale

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      Prime Land Site on Route 3

      27.25-acre site ideal for retail, restaurant, hotel, or industrial.
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      Prime Bedford Restaurant Opportunity

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    Similar Nearby for Lease

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      Prime Bedford retail space available. Multiple units, flexible sizes.
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      Retail space available in a renovated shopping center.
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      Prime Bedford Location For Lease

      Exceptional exposure on South River Road, flexible for various uses.
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    • $18 SF/Yr
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      Retail/Office Space in Bedford

      Well-maintained retail/office space in affluent Southern New Hampshire community.
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      Retail Space in NH Sportsplex

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    Property Visit Statistics

    • Visits by month
      11.0k
    • Visitors by month
      8.5k
    • Avg Time on site
      52 min
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    224 S River Rd
    Bedford, NH 03104
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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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