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Property profile & analytics
OFF-MARKET
Office buildings
232 Gln Ave Berlin, NH 03570-1944
Individually Owned
22-yr Hold
Free & Clear
Property ID
US58-0082287
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1900
Construction
FRAME
Total area
1,742 SF
Lot
0.3 ac (13,068 SF)
Zoning code
BG
APN
BELN M:00117 B:000045 L:000000
UPID
US58-0082287
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
-
Matt Martel of RE/MAX Northern Edge Realty, LLC Real Estate Agency
-
RE/MAX Northern Edge Realty Real Estate Agency
-
Jennifer Stewart, RE/MAX Northern Edge Realty LLC Real Estate Agency
-
Christopher Lunn, RE/MAX Northern Edge Realty LLC Real Estate Agency
-
Debi Davis, RE/MAX Northern Edge Realty LLC Real Estate Agency
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
Info Graphics Technologie · 22 yrs held
Info Graphics Technologie
since 2004
4 recorded transactions
Zoning & alternative use
BG · Berlin, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
BUSINESS GENERAL ZONE (BG) Sec. 17-101. Purpose The purpose of the Business General (BG) zone is to provide an area for intense commercial development and light industrial facilities with a customer service area which extends beyond the immediate neighborhood. It contains uses which include the retail sale of commodities and services for the general populati…
Zone name
Business General
General category
INDUSTRIAL
Zone area
518.90 ac
Source
ZONING ORDINANCE
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 Berlin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Berlin 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
$3,392
Tax year 2023
Assessed value
$126,100
Assessed 2023
Previous assessed
$126,100
+0.0% YoY
Effective rate
2.69%
On assessed value
Assessed land
$15,800
Assessed improvement
$110,300
Applied tax rate
5,140.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1900
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
1
Bathrooms
3
Total area
1,742 SF
Lot
0.3 ac (13,068 SF)
Zoning code
BG
APN
BELN M:00117 B:000045 L:000000
UPID
US58-0082287
Jurisdiction
BERLIN CITY
Zoning & alternative use
BG · Berlin, NHZoning BG · permitted uses
BG · Berlin, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
BUSINESS GENERAL ZONE (BG) Sec. 17-101. Purpose The purpose of the Business General (BG) zone is to provide an area for intense commercial development and light industrial facilities with a customer service area which extends beyond the immediate neighborhood. It contains uses which include the retail sale of commodities and services for the general population. A wide variety of uses are accommodated on both a pedestrian and vehicular scale.
Zone name
Business General
General category
INDUSTRIAL
Zone area
518.90 ac
Source
ZONING ORDINANCE
Building & site characteristics
From public records
Year built
1900
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
1
Bathrooms
3
Lot
0.3 ac
Current owner
From public records · entity-resolved
Info Graphics Technologie
Individual
Free & Clear · 22 yrs held
Mailing address
232 GLN AVE, BERLIN, NH 03570-1944
Ownership since
2004
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
Oct 18, 2007
—
Info Graphics Tech LLC
—
Deed Of Trust
related
$100,000 · Northway Bank
Jan 2, 2004
$16,000
Info Graphics Technologie
Stewart,jeffrey S
Warranty Deed
—
Oct 25, 2000
$40,000
Info-graphic Technolog
Delta Funding Home Equ
Grant Deed
$30,000 · Berlin City Bank Nh
Jul 26, 2000
$46,000
Bank One Natl Assoc
Marston,linda
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
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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