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Property profile & analytics
OFF-MARKET
Estimated value
$2,275,000
Commercial real estate
24 Peabody Pl, Franklin, NH 03235-1607
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US58-0267449
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1938
Total area
16,833 SF
Lot
2.39 ac (104,108 SF)
Zoning code
B1W&S
APN
FRKN M:117 B:138 L:
UPID
US58-0267449
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
-
Peabody Home Nursing Home
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.33M
Comparable Approach
Comparable
$2.06M
Blend (final)
Blend
$2.28M
Owner & transaction history
Franklin Hm Aged Assn · 4 yrs held
Franklin Hm Aged Assn
since 2022
1 recorded transaction
Zoning & alternative use
B1W&S · Franklin, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$3.5M
+54.4%
Retail stores
$2.5M
+9.1%
Industrial (general)
$2.4M
+5.3%
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 Franklin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Franklin 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%
$2,515,000
6.5%
$2,325,000
7%
$2,155,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,255,000
Current use
AUTO REPAIR, GARAGE
$3,480,000
Change: +54% · Conversion: Difficult
RETAIL STORES
$2,460,000
Change: +9% · Conversion: Easy
INDUSTRIAL (GENERAL)
$2,375,000
Change: +5% · Conversion: Moderate
OFFICE BUILDING
$2,230,000
Change: -1% · Conversion: Easy
Blend value · Realmo final
$2.28M
Range $2.05M – $2.50M · ±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
$135 / 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
$141,647
Tax year 2023
Assessed value
$8,711,400
Assessed 2023
Previous assessed
$6,914,800
+26.0% YoY
Effective rate
1.63%
On assessed value
Assessed land
$356,500
Assessed improvement
$8,354,900
Applied tax rate
27,380.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Cooling
YES
Buildings
2
Stories
3
Units
6
Bathrooms
20
Total area
16,833 SF
Lot
2.39 ac (104,108 SF)
Zoning code
B1W&S
APN
FRKN M:117 B:138 L:
UPID
US58-0267449
Jurisdiction
FRANKLIN CITY
Zoning & alternative use
B1W&S · Franklin, NH
Zoning B1W&S · permitted uses
B1W&S · Franklin, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Franklin. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$2.3M
AUTO REPAIR, GARAGE
Est. value
$3.5M
RETAIL STORES
Est. value
$2.5M
INDUSTRIAL (GENERAL)
Est. value
$2.4M
OFFICE BUILDING
Est. value
$2.2M
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
RETAIL STORES
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
1938
Heating
HOT WATER
Cooling
Yes
Stories
3
Buildings
2
Units
6
Bathrooms
20
Lot
2.39 ac
Current owner
From public records · entity-resolved
Franklin Hm Aged Assn
Individual
Mailing address
24 PEABODY PL, FRANKLIN, NH 03235-1607
Mailing matches property
Yes
Owner-occupied
Yes
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 27, 2022
—
Franklin Hm Aged Assn
—
Deed
related
$8,500,000 · USA Rural Housing
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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