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Property profile & analytics
OFF-MARKET
Estimated value
$4,910,000
Hotels
231 Main St, Plymouth, NH 03264-1524
Entity Owned
24-yr Hold
Free & Clear
Property ID
US58-0261344
Property profile
Verified
Property type
Hotels
Use group
HOTEL-RESORT
Year built
1900
Construction
FRAME
Total area
65,048 SF
Lot
3.83 ac (166,835 SF)
Zoning code
HC
APN
PLMH M:101 B:003 L:
UPID
US58-0261344
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
$4.69M
Blend (final)
Blend
$4.91M
Owner & transaction history
Alex Ray LLC · 24 yrs held
Alex Ray LLC
since 2001
1 recorded transaction
Zoning & alternative use
HC · Plymouth, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$6.6M
+30.1%
Restaurant
$6.6M
+29.4%
Auto repair, garage
$6.5M
+26.3%
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 Plymouth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Plymouth 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
HOTEL/MOTEL
$5,110,000
Current use
OFFICE BUILDING
$6,645,000
Change: +30% · Conversion: Difficult
RESTAURANT
$6,610,000
Change: +29% · Conversion: Difficult
AUTO REPAIR, GARAGE
$6,450,000
Change: +26% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$5,695,000
Change: +11% · Conversion: Difficult
COMMERCIAL (GENERAL)
$5,565,000
Change: +9% · Conversion: Difficult
RETAIL STORES
$4,430,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$4.91M
Range $4.42M – $5.40M · ±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
$75 / 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
$167,964
Tax year 2023
Assessed value
$6,889,400
Assessed 2023
Previous assessed
$4,729,800
+45.7% YoY
Effective rate
2.44%
On assessed value
Assessed land
$573,600
Assessed improvement
$6,315,800
Applied tax rate
62,660.0000
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
Hotels
Use group
HOTEL-RESORT
Status
Off-Market
Year built
1900
Construction
FRAME
Heating
HOT WATER
Cooling
YES
Buildings
2
Stories
2
Units
2
Bathrooms
42
Total area
65,048 SF
Lot
3.83 ac (166,835 SF)
Zoning code
HC
APN
PLMH M:101 B:003 L:
UPID
US58-0261344
Jurisdiction
PLYMOUTH TOWN
Zoning & alternative use
HC · Plymouth, NH
Zoning HC · permitted uses
HC · Plymouth, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Plymouth. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$5.1M
OFFICE BUILDING
Est. value
$6.6M
RESTAURANT
Est. value
$6.6M
AUTO REPAIR, GARAGE
Est. value
$6.5M
INDUSTRIAL (GENERAL)
Est. value
$5.7M
COMMERCIAL (GENERAL)
Est. value
$5.6M
RETAIL STORES
Est. value
$4.4M
HOTEL/MOTEL Current
OFFICE BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
COMMERCIAL (GENERAL)
RETAIL STORES
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
1900
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
2
Buildings
2
Units
2
Bathrooms
42
Lot
3.83 ac
Current owner
From public records · entity-resolved
Alex Ray LLC
Entity
Free & Clear · 24 yrs held
Mailing address
PO BOX 581, ASHLAND, NH 03217-0581
Ownership since
2001
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 26, 2001
$375,300
Alex Ray LLC
Solon Acquisition Corp
Warranty Deed
—
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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