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Financial
Distress signals
Property profile

253 Lk Ave Manchester, NH 03103

OFF-MARKET
Other investment properties
Property ID
US58-0656205
13,502 SF 0.23 ac lot Built 1892
Last sale Dec 2020 · $800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years.
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Property summary

AI-generated overview

The property at 253 Lake Ave, Manchester, New Hampshire is a retail mixed-use building configured with a laundromat on the first floor and a total of eight first-floor/ground-level retail units, including seven additional units. The first-floor space associated with the laundromat is reported at approximately 4,634 +/- square feet and includes the business operations and related equipment as part of the property’s configuration. The building is situated with parking available across the street…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$15k
Tax billed · 2023
Assessed value$799k
Assessed land$113k
Assessed improvement$685k
Effective rate1.89%

Value estimate

· Oct 2026
$1.01M
$905k – $1.11M
AI approach$1.04M
Submarket $/SF estimate$1.07M

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$116/SF
ZIP average, outlier-cleaned · 29 recorded sales of this use type
Observed band · Q1–Q3$79 – $178
Qualifying comparables4

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMANCHESTER CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Watch Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Watch Repair Shop8.9
Bakery8.5
Butcher8.4

Location

253 Lk Ave Manchester, NH 03103-5364
County assessor Recorded deeds · 4 transfers 4 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
290 Belmont, Manchester, NH 03103-4337 $1,500,000 Dec 2024 8,755 SF
251 Pne, Manchester, NH 03103-5369 $1,100,000 Dec 2023 8,472 SF
361 Massabesic, Manchester, NH 03103-3634 $1,970,000 Sep 2022 15,440 SF
198 Wilson, Manchester, NH 03103-5024 $415,000 Jul 2022 10,836 SF
168 Wilson, Manchester, NH 03103-5018 $999,933 Apr 2022 9,064 SF
250 Laurel, Manchester, NH 03103-4713 $645,933 Nov 2021 8,439 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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