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Property profile & analytics
FOR LEASE
Showrooms
254 Rockingham Rd Auburn, NH 03032
Entity Owned
7-yr Hold
Property ID
US58-0125209
For Lease
1 / 14
$2,700/Mo
254 Rockingham Rd, Auburn, NH 03032
View Listing →
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
2019
Construction
WOOD FRAME
Total area
6,330 SF
Lot
2.5 ac (108,900 SF)
Zoning code
INDUST
APN
AUBR M:00025 B:000045 L:000000
UPID
US58-0125209
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
$905k
Comparable Approach
Comparable
$587k
Blend (final)
Blend
$875k
Owner & transaction history
254 Real Estate Holdings LLC · 7 yrs held
254 Real Estate Holdings LLC
since 2019
4 recorded transactions
Zoning & alternative use
INDUST · Auburn, 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 Auburn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Auburn 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%
$985,000
6.5%
$905,000
7%
$840,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,370,000
Change: -6% · Conversion: Easy
OFFICE BUILDING
$1,195,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$875k
Range $788k – $963k · ±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
$138 / 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
$12,913
Tax year 2023
Assessed value
$1,024,000
Assessed 2023
Previous assessed
$876,000
+16.9% YoY
Effective rate
1.26%
On assessed value
Assessed land
$385,000
Assessed improvement
$639,000
Applied tax rate
2,820.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
For Lease
Year built
2019
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
YES
Stories
3
Bathrooms
1
Total area
6,330 SF
Lot
2.5 ac (108,900 SF)
Zoning code
INDUST
APN
AUBR M:00025 B:000045 L:000000
UPID
US58-0125209
Jurisdiction
AUBURN TOWN
Metro division
ROCKINGHAM COUNTY-STRAFFORD COUNTY, NH METROPOLITAN DIVISION
Zoning & alternative use
INDUST · Auburn, NHZoning INDUST · permitted uses
INDUST · Auburn, NH
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
RETAIL STORES
Est. value
$1.4M
OFFICE BUILDING
Est. value
$1.2M
RETAIL STORES
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
2019
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
3
Bathrooms
1
Lot
2.5 ac
Current owner
From public records · entity-resolved
254 Real Estate Holdings LLC
Entity
Mailing address
102 MORGEN DR, AUBURN, NH 03032-3941
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 3, 2020
—
254 Real Estate Holdings LLC
—
Deed
related
$880,000 · Provident Bk
May 22, 2019
$150,000
254 Real Estate Holdings LLC
254 Rockingham Auburn LLC
Warranty Deed
related
$400,000 · Maurice Archambault
Dec 6, 2017
$40,000
254 Rockingham Auburn LLC
Erwin,david
Warranty Deed
—
—
—
254 Real Estate Holdings LLC
—
Deed Of Trust
related
$880,000 · Provident 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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