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Property profile & analytics
OFF-MARKET
Turn key restaurants
278 State Rte 101 Amherst, NH 03031-1731
Individually Owned
7-yr Hold
~
Est. High Equity
Property ID
US58-0007347
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1880
Construction
FRAME
Total area
1,859 SF
Lot
2 ac (87,120 SF)
Zoning code
C
APN
AMHS M:008 B:013 L:000
UPID
US58-0007347
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
-
Smokehaus Restaurant
-
Birthplace of Horace Greeley NH Historical Highway Marker Tour Operator
-
Phoenix Finishings Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Harold M Mielke · 7 yrs held
Harold M Mielke
since 2019
3 recorded transactions
Zoning & alternative use
C · Amherst, 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 Amherst submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Amherst 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$9,457
Tax year 2023
Assessed value
$432,200
Assessed 2023
Previous assessed
$432,200
+0.0% YoY
Effective rate
2.19%
On assessed value
Assessed land
$249,500
Assessed improvement
$182,700
Applied tax rate
1,300.0000
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
1880
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
1
Rooms
3
Bathrooms
1
Total area
1,859 SF
Lot
2 ac (87,120 SF)
Zoning code
C
APN
AMHS M:008 B:013 L:000
UPID
US58-0007347
Jurisdiction
AMHERST TOWN
Zoning & alternative use
C · Amherst, NH
Zoning C · permitted uses
C · Amherst, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Amherst. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1880
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
1
Rooms
3
Bathrooms
1
Lot
2 ac
Current owner
From public records · entity-resolved
Harold M Mielke
Individual
Mailing address
4 BELMONT LN, AMHERST, NH 03031-2414
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 16, 2023
—
Mielke Ft
—
Deed
related
$200,000 · Enterprise Bank & Trust Co
Jul 17, 2019
$370,133
Harold M Mielke
Paradiso,anthony M
Warranty Deed
$242,500 · Enterprise Bk
Jul 31, 2009
—
Anthony M Paradiso
—
Deed Of Trust
related
$248,000 · Nashua Trust Bank Nh
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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