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Property profile & analytics
OFF-MARKET
Estimated value
$650,000
Showrooms
257 Portsmouth Ave Stratham, NH 03885-2230
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US58-0223891
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1960
Total area
4,137 SF
Lot
1.71 ac (74,488 SF)
Zoning code
RA
APN
STRH M:00022 B:000008 L:000000
UPID
US58-0223891
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
-
KRB Kitchen and Bath Design Center Hardware & Home Improvement Kitchen & Bath Showroom
-
Portfolio Luxury Kitchens Hardware & Home Improvement Kitchen & Bath Showroom
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$595k
Comparable Approach
Comparable
$565k
Blend (final)
Blend
$650k
Owner & transaction history
257 Portsmouth Ave LLC · 12 yrs held
257 Portsmouth Ave LLC
since 2014
4 recorded transactions
Zoning & alternative use
RA · Stratham, 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 Stratham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stratham 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%
$640,000
6.5%
$595,000
7%
$550,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$955,000
Current use
RETAIL STORES
$895,000
Change: -6% · Conversion: Easy
OFFICE BUILDING
$780,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$650k
Range $585k – $715k · ±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
$157 / 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
$12,519
Tax year 2023
Assessed value
$598,700
Assessed 2023
Previous assessed
$598,700
+0.0% YoY
Effective rate
2.09%
On assessed value
Assessed land
$214,300
Assessed improvement
$384,400
Applied tax rate
74,340.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1960
Heating
FORCED AIR
Cooling
YES
Stories
2
Bathrooms
2
Total area
4,137 SF
Lot
1.71 ac (74,488 SF)
Zoning code
RA
APN
STRH M:00022 B:000008 L:000000
UPID
US58-0223891
Jurisdiction
STRATHAM TOWN
Metro division
ROCKINGHAM COUNTY-STRAFFORD COUNTY, NH METROPOLITAN DIVISION
Zoning & alternative use
RA · Stratham, NH
Zoning RA · permitted uses
RA · Stratham, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Stratham. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$955,000
RETAIL STORES
Est. value
$895,000
OFFICE BUILDING
Est. value
$780,000
COMMERCIAL (GENERAL) Current
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
1960
Heating
FORCED AIR
Cooling
Yes
Stories
2
Bathrooms
2
Lot
1.71 ac
Current owner
From public records · entity-resolved
257 Portsmouth Ave LLC
Entity
Mailing address
257 PORTSMOUTH AVE, STRATHAM, NH 03885-2230
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
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
Apr 29, 2014
$250,000
257 Portsmouth Ave LLC
Exeter Med Real INC
Warranty Deed
$250,000 · Optima Bk&tr
Apr 29, 2014
—
257 Portsmouth Ave LLC
—
Grant Deed
related
$206,000 · Granite St Economic Dev
Nov 4, 2008
$500,000
Exeter Med Real INC
Bartolini,j Bruce
Warranty Deed
$2,700,000 · Bank Of America
—
—
257 Portsmouth Ave LLC
—
Loan Modification
related
$300,000 · Optima Bk&tr
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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