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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Commercial real estate
2378 Us Rte 3rd 3 Thornton, NH 03285-6150
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US58-0398289
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1938
Total area
2,926 SF
Lot
4.5 ac (196,020 SF)
Zoning code
COMMER
APN
THOR M:246 L:027 S:0 U:0
UPID
US58-0398289
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
$465k
Comparable Approach
Comparable
$591k
Blend (final)
Blend
$505k
Owner & transaction history
Jab Realty Nh LLC · 9 yrs held
Jab Realty Nh LLC
since 2016
Last sale
$535,000
1 recorded transaction
Zoning & alternative use
COMMER · Thornton, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$595,000
+56.2%
Retail stores
$485,000
+27.2%
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 Thornton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Thornton 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%
$505,000
6.5%
$465,000
7%
$435,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$380,000
Current use
OFFICE BUILDING
$595,000
Change: +56% · Conversion: Easy
RETAIL STORES
$485,000
Change: +27% · Conversion: Easy
Blend value · Realmo final
$505k
Range $455k – $556k · ±10% · vs last sale $535k (Nov 19 2020)
Last sale anchor
$535k
Nov 19 2020
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
$173 / 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
$10,328
Tax year 2023
Assessed value
$497,500
Assessed 2023
Previous assessed
$497,500
+0.0% YoY
Effective rate
2.08%
On assessed value
Assessed land
$137,500
Assessed improvement
$360,000
Applied tax rate
76,740.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1938
Heating
HOT WATER
Buildings
9
Stories
2
Bathrooms
2
Total area
2,926 SF
Lot
4.5 ac (196,020 SF)
Zoning code
COMMER
APN
THOR M:246 L:027 S:0 U:0
UPID
US58-0398289
Jurisdiction
THORNTON TOWN
Zoning & alternative use
COMMER · Thornton, NH
Zoning COMMER · permitted uses
COMMER · Thornton, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Thornton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$380,000
OFFICE BUILDING
Est. value
$595,000
RETAIL STORES
Est. value
$485,000
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
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
1938
Heating
HOT WATER
Stories
2
Buildings
9
Bathrooms
2
Lot
4.5 ac
Current owner
From public records · entity-resolved
Jab Realty Nh LLC
Entity
Mailing address
PO BOX 1684, CAMPTON, NH 03223-1684
Ownership since
2016
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
Nov 7, 2016
$451,400
Jab Realty Nh LLC
Piehn,gary & Julie
Warranty Deed
$240,000 · Meredith Vlg Svgs Bk
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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