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Property profile & analytics
OFF-MARKET
Retail properties & Spaces
241 Lovers Ln Rd Charlestown, NH 03603-4315
Entity Owned
3-yr Hold
Free & Clear
Property ID
US58-0303818
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
1960
Construction
FRAME
Total area
576 SF
Lot
2.65 ac (115,434 SF)
APN
CTOW M:109 B:010 L:000
UPID
US58-0303818
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Narje LLC · 3 yrs held
Narje LLC
since 2023
Last sale
$350,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Charlestown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Charlestown 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
$3,157
Tax year 2023
Assessed value
$92,000
Assessed 2023
Previous assessed
$92,000
+0.0% YoY
Effective rate
3.43%
On assessed value
Assessed land
$50,300
Assessed improvement
$41,700
Applied tax rate
11,380.0000
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
1960
Construction
FRAME
Heating
NONE
Buildings
1
Stories
1
Units
1
Rooms
3
Total area
576 SF
Lot
2.65 ac (115,434 SF)
APN
CTOW M:109 B:010 L:000
UPID
US58-0303818
Jurisdiction
CHARLESTOWN TOWN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1960
Construction
FRAME
Heating
NONE
Stories
1
Buildings
1
Units
1
Rooms
3
Lot
2.65 ac
Current owner
From public records · entity-resolved
Narje LLC
Entity
Free & Clear · 3 yrs held
Mailing address
241 LOVERS LN RD, CHARLESTOWN, NH 03603-4315
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 10, 2023
$350,000
Narje LLC
Evergreen Communities LLC
Deed In Lieu Of Foreclosure
related
—
Jun 3, 2021
$350,000
Evergreen Communities LLC
Narje LLC
Warranty Deed
$350,000 · Narje LLC
Dec 10, 2020
$6,200,000
Twin Valley Estates Mhc LLC
Narje LLC
Warranty Deed
—
Jul 18, 2019
—
Narje LLC
—
Deed
related
$3,000,000 · Nbt Bk
Sep 4, 2012
$9,000
Cynthia Geiger
Narje LLC
Warranty Deed
—
Mar 19, 1999
$1,850,000
Narje INC LLC
Wollen,richard J
Warranty Deed
$1,480,000 · Zwi Kohorn
—
—
Narje LLC
—
Deed Of Trust
related
$3,000,000 · Nbt 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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