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Property profile & analytics
OFF-MARKET
Turn key restaurants
227 Broadway Salem, NH 03079-2108
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US58-0181597
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2013
Construction
FRAME
Total area
4,053 SF
Lot
1.11 ac (48,352 SF)
Zoning code
CIB
APN
SLEM M:81 B:3129 L:
UPID
US58-0181597
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
-
Private Wealth Counsel, LLC Law Firm
-
Dunkin' Cafe & Coffee Shop
-
NH iPhone Repair - Salem Computer & Electronic Repair Tech Support Center
-
Kaplansky Insurance Insurance Agency
-
CPR - Computer, Phone, Game Console Repair - Salem NH (Formerly NH iPhone Repair) Computer & Electronic Repair Tech Support Center
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
Zielfelder Builders LLC · 9 yrs held
Zielfelder Builders LLC
since 2017
6 recorded transactions
Zoning & alternative use
CIB · Salem, 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 Salem submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Salem 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
$24,801
Tax year 2023
Assessed value
$1,462,300
Assessed 2023
Previous assessed
$1,462,300
+0.0% YoY
Effective rate
1.70%
On assessed value
Assessed land
$482,100
Assessed improvement
$980,200
Applied tax rate
66,660.0000
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
2013
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Total area
4,053 SF
Lot
1.11 ac (48,352 SF)
Zoning code
CIB
APN
SLEM M:81 B:3129 L:
UPID
US58-0181597
Jurisdiction
SALEM TOWN
Metro division
ROCKINGHAM COUNTY-STRAFFORD COUNTY, NH METROPOLITAN DIVISION
Zoning & alternative use
CIB · Salem, NH
Zoning CIB · permitted uses
CIB · Salem, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Salem. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2013
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Lot
1.11 ac
Current owner
From public records · entity-resolved
Zielfelder Builders LLC
Entity
Mailing address
227 N BROADWAY, SALEM, NH 03079-2108
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
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
Apr 11, 2017
$225,000
Zielfelder Builders LLC
Croft,william JR
Warranty Deed
$228,500 · Grondahl Marc Trust 2006 (pt)
May 4, 2016
—
D & Q Realty LLC
—
Deed
related
$1,555,000 · Vendor Alliance Cap
Feb 6, 2014
$149,900
Dot Square LLC
D&q Realty LLC
Warranty Deed
—
Dec 26, 2012
$571,500
D&q Realty LLC
William Croft JR
Warranty Deed
—
Dec 26, 2012
—
D&q Realty LLC
—
Deed Of Trust
related
$1,500,000 · Worth Funding INC
—
—
D & Q Realty LLC
—
Deed Of Trust
related
$1,555,000 · Vendor Alliance Cap
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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