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Property profile & analytics
OFF-MARKET
Estimated value
$850,000
Turn key restaurants
241 Un Sq Milford, NH 03055-4268
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US58-0242618
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1930
Construction
FRAME
Total area
7,873 SF
Lot
0.16 ac (6,970 SF)
Zoning code
C
APN
MFRD M:25 B:45
UPID
US58-0242618
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
-
Brickhouse Restaurant and Brewery Restaurant
-
Pasta Loft Restaurant & Brewing Co. Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$850k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$929k
Blend (final)
Blend
$850k
Owner & transaction history
Brickhouse Properties LLC · 2 yrs held
Brickhouse Properties LLC
since 2024
Last sale
$850,000
7 recorded transactions
Zoning & alternative use
C · Milford, NH
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 Milford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Milford 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
$850,000
ML approach
$850,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,395,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$850k
Range $765k – $935k · ±10% · vs last sale $850k (May 2 2024)
Last sale anchor
$850k
May 2 2024
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
$108 / 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
$13,149
Tax year 2023
Assessed value
$593,100
Assessed 2023
Previous assessed
$593,100
+0.0% YoY
Effective rate
2.22%
On assessed value
Assessed land
$107,900
Assessed improvement
$485,200
Applied tax rate
48,020.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1930
Construction
FRAME
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
2
Units
4
Total area
7,873 SF
Lot
0.16 ac (6,970 SF)
Zoning code
C
APN
MFRD M:25 B:45
UPID
US58-0242618
Jurisdiction
MILFORD TOWN
Zoning & alternative use
C · Milford, NH
Zoning C · permitted uses
C · Milford, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Milford. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$1.4M
AUTO REPAIR, GARAGE
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
1930
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
2
Buildings
1
Units
4
Lot
0.16 ac
Current owner
From public records · entity-resolved
Brickhouse Properties LLC
Entity
Mailing address
241 UN SQ, MILFORD, NH 03055-4268
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 2, 2024
$850,000
Brickhouse Properties LLC
Pasta Loft Restaurant II
Warranty Deed
$750,000 · Kelgenrn LLC
Jul 29, 2014
—
Pasta Loft Restaurant LLC
—
Grant Deed
related
$450,000 · First Colebrook Bk/nh
Dec 5, 2013
—
Pasta Loft Resaurant LLC
—
Deed Of Trust
related
$50,000 · Milford Downtown Ongoing Impro
Apr 26, 2010
—
Loft Restr 2 Pasta
—
Deed Of Trust
related
$50,000 · Downtown Ongoing Impr
Jun 4, 2009
—
Pasta Loft Restr 2 LLC
—
Deed Of Trust
related
$75,000 · Hampshire First Bank
Feb 26, 2008
—
Pasta Loft Restaurant 2
—
Deed Of Trust
related
$230,000 · Hampshire First Bank
Jan 30, 2004
$460,000
Pasta Loft Restaurant 2
Chin,michael C
Warranty Deed
$230,000 · Granite Savings Bank
—
—
Pasta Loft Restaurant II LLC
—
Deed Of Trust
related
$500,000 · Bangor 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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