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Property profile & analytics
OFF-MARKET
Estimated value
$1,275,000
Retail properties & Spaces
239 Loudon Rd Concord, NH 03301-6091
Individually Owned
4-yr Hold
Free & Clear
Property ID
US58-0190030
Property summary
AI-generated overview
This exceptional 1,035 square foot retail space is located at 239 Loudon Road in a vibrant mixed-use building. Built in 2005, the property boasts a total of 7,664 square feet across one single-story building, situated on a 0.93-acre lot. The space is currently vacant and offers a unique opportunity for a variety of retail businesses. Previously occupied by a popular confectionery, the space features existing plumbing infrastructure, including two hand sinks and a mop sink, a legacy from the previous tenant. The space is not configured for a sit-down restaurant, but the existing plumbing could be adapted for various uses. There is one handicap-accessible bathroom within the unit. The property offers ample parking with 43 spaces available for customers and employees. The building is zoned CG and is located in Merrimack County. This prime location offers excellent visibility and accessibility, with neighboring businesses including Batteries Plus Bulbs, a food store, and a wellness center, creating a synergistic retail environment. This is an ideal opportunity for a business seeking high visibility and convenient access in a thriving commercial area. The property is part of a multi-tenant building.
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
2017
Construction
STEEL FRAME
Total area
7,742 SF
Lot
0.93 ac (40,511 SF)
Zoning code
CG
APN
CNCD M:611Z B:24
UPID
US58-0190030
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
-
South Asian Mart Grocery & Convenience Store Food Market
-
Natural Wellness Corner Medical Clinic Physician
-
We Fix It Phone Repair Computer & Electronic Repair Tech Support Center
-
Capital Area Thermography Wellness Program
-
Koung Sushi Mart 2 Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.39M
Comparable Approach
Comparable
$1.47M
Blend (final)
Blend
$1.28M
Owner & transaction history
Konstantopoulos Ft · 4 yrs held
Konstantopoulos Ft
since 2022
4 recorded transactions
Zoning & alternative use
CG · Concord, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.6M
+37.0%
Commercial (general)
$1.2M
+1.5%
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 Concord submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Concord 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%
$1,505,000
6.5%
$1,390,000
7%
$1,290,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,170,000
Current use
AUTO REPAIR, GARAGE
$1,600,000
Change: +37% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,185,000
Change: +2% · Conversion: Easy
INDUSTRIAL (GENERAL)
$1,090,000
Change: -7% · Conversion: Difficult
OFFICE BUILDING
$1,045,000
Change: -11% · Conversion: Easy
Blend value · Realmo final
$1.28M
Range $1.15M – $1.40M · ±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
$165 / 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
$32,592
Tax year 2023
Assessed value
$1,213,400
Assessed 2023
Previous assessed
$1,213,400
+0.0% YoY
Effective rate
2.69%
On assessed value
Assessed land
$470,400
Assessed improvement
$743,000
Applied tax rate
14,200.0000
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
Retail properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
2017
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
3
Bathrooms
4
Total area
7,742 SF
Lot
0.93 ac (40,511 SF)
Zoning code
CG
APN
CNCD M:611Z B:24
UPID
US58-0190030
Jurisdiction
CONCORD CITY
Zoning & alternative use
CG · Concord, NH
Zoning CG · permitted uses
CG · Concord, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Concord. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$1.2M
INDUSTRIAL (GENERAL)
Est. value
$1.1M
OFFICE BUILDING
Est. value
$1.0M
RETAIL STORES Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
OFFICE BUILDING
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
2017
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
3
Bathrooms
4
Lot
0.93 ac
Current owner
From public records · entity-resolved
Konstantopoulos Ft
Individual
Free & Clear · 4 yrs held
Mailing address
164 LOCKLAND AVE, FRAMINGHAM, MA 01701-7931
Ownership since
2022
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
Feb 14, 2022
—
Konstantopoulos Ft
Efthimios Konstantopoulos
Warranty Deed
—
Sep 14, 2017
—
Efthimios Konstantopoulos
—
Deed
related
$640,000 · Sugar River Bk
Dec 8, 2005
$900,000
Mercy Konstantopoulos
239 Loudon Rd LLC
Warranty Deed
$480,000 · Emigrant Funding Corp
—
—
Efthimios Konstantopoulos
—
Deed Of Trust
related
$640,000 · Sugar River 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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