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Property profile & analytics
OFF-MARKET
Office buildings
24 Hammond St Concord, NH 03301-3480
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US58-0342046
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1911
Construction
FRAME
Total area
1,674 SF
Lot
0.32 ac (13,939 SF)
Zoning code
OCP
APN
CNCD M:792Z B:24
UPID
US58-0342046
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
-
Age at Home Home Health Care Service
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
Lake Life Properties LLC · 9 yrs held
Lake Life Properties LLC
since 2016
4 recorded transactions
Zoning & alternative use
OCP · Concord, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The Opportunity Corridor Performance (OCP) District is established for the economic redevelopment of under utilized urban properties located between downtown Concord's Central Business Performance (CBP) District and Interstate 93, as well as in other former brownfield locations in the City. The range of permissible uses, including retail, restaurant, service…
Zone name
Opportunity Corridor Performance District
General category
CIVIC_INSTITUTIONAL
Zone area
388.65 ac
Source
Realmo
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
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
$5,874
Tax year 2023
Assessed value
$218,700
Assessed 2023
Previous assessed
$218,700
+0.0% YoY
Effective rate
2.69%
On assessed value
Assessed land
$63,900
Assessed improvement
$154,800
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1911
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
1
Bathrooms
2
Total area
1,674 SF
Lot
0.32 ac (13,939 SF)
Zoning code
OCP
APN
CNCD M:792Z B:24
UPID
US58-0342046
Jurisdiction
CONCORD CITY
Zoning & alternative use
OCP · Concord, NHZoning OCP · permitted uses
OCP · Concord, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The Opportunity Corridor Performance (OCP) District is established for the economic redevelopment of under utilized urban properties located between downtown Concord's Central Business Performance (CBP) District and Interstate 93, as well as in other former brownfield locations in the City. The range of permissible uses, including retail, restaurant, service, and office, are intended to reinforce, but not compete with the CBP District as a retail, office, and government center.
Zone name
Opportunity Corridor Performance District
General category
CIVIC_INSTITUTIONAL
Zone area
388.65 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1911
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
1
Bathrooms
2
Lot
0.32 ac
Current owner
From public records · entity-resolved
Lake Life Properties LLC
Entity
Mailing address
24 HAMMOND ST, CONCORD, NH 03301-3480
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 30, 2016
$174,933
Lake Life Properties LLC
Krug Management LLC
Warranty Deed
$139,900 · Granite Bk
Apr 25, 2012
—
Krug Mgmt LLC
—
Deed Of Trust
related
$100,000 · Merrimack County Savings Nh
Oct 4, 2006
—
Krug Mgmt LLC
—
Deed Of Trust
related
$132,000 · Merrimack County Savings Nh
Jan 27, 2000
$77,600
Richard F Askins
Smith Est,angelina
Grant Deed
$82,080 · Crestar Mortgage Corp
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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