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Property profile & analytics
OFF-MARKET
Estimated value
$10,845,000
Industrial properties
25 Concord St, Manchester, NH 03101-1805
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US58-0306477
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1920
Construction
STEEL FRAME
Total area
96,437 SF
Lot
0.58 ac (25,148 SF)
APN
MNCH M:0004 B:000 L:0001
UPID
US58-0306477
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
-
Always Green Irrigation General Contractor Construction Company
-
Alcohol A & A Abuse 24 Social Service Agency Medical Clinic
-
Computer Geeks Computer & Electronic Repair
-
Health Coach 8001 Social Service Agency Charitable Organization
-
Healthy Vistas Social Service Agency Charitable Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$13.00M
Comparable Approach
Comparable
$11.07M
Blend (final)
Blend
$10.85M
Owner & transaction history
Northern New Eng Co LLC · 4 yrs held
Northern New Eng Co LLC
since 2021
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$17.6M
+19.2%
Auto repair, garage
$16.1M
+9.3%
Commercial (general)
$15.1M
+2.6%
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 Manchester submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Manchester 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%
$14,080,000
6.5%
$12,995,000
7%
$12,070,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$14,760,000
Current use
OFFICE BUILDING
$17,590,000
Change: +19% · Conversion: Difficult
AUTO REPAIR, GARAGE
$16,125,000
Change: +9% · Conversion: Easy
COMMERCIAL (GENERAL)
$15,145,000
Change: +3% · Conversion: Difficult
RETAIL STORES
$13,595,000
Change: -8% · Conversion: Moderate
Blend value · Realmo final
$10.85M
Range $9.76M – $11.93M · ±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
$112 / 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
$119,037
Tax year 2023
Assessed value
$6,311,600
Assessed 2023
Previous assessed
$6,311,600
+0.0% YoY
Effective rate
1.89%
On assessed value
Assessed land
$226,200
Assessed improvement
$6,085,400
Applied tax rate
45,140.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1920
Construction
STEEL FRAME
Heating
NONE
Buildings
1
Stories
5
Units
1
Total area
96,437 SF
Lot
0.58 ac (25,148 SF)
APN
MNCH M:0004 B:000 L:0001
UPID
US58-0306477
Jurisdiction
MANCHESTER CITY
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$14.8M
OFFICE BUILDING
Est. value
$17.6M
AUTO REPAIR, GARAGE
Est. value
$16.1M
COMMERCIAL (GENERAL)
Est. value
$15.1M
RETAIL STORES
Est. value
$13.6M
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
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
1920
Construction
STEEL FRAME
Heating
NONE
Stories
5
Buildings
1
Units
1
Lot
0.58 ac
Current owner
From public records · entity-resolved
Northern New Eng Co LLC
Entity
Mailing address
2116 S 17TH ST, MATTOON, IL 61938-5973
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 29, 2021
—
Northern New Eng Co LLC
—
Deed
related
$750,000 · Wells Fargo Bank NA
Jan 8, 2018
—
Northern New England Telephone
—
Grant Deed
related
$1,230,000,000 · Wells Fargo 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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