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Property profile & analytics
FOR LEASE
Industrial properties
287 S Main St, Concord, NH 03301
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US58-0161580
For Lease
1 / 2
$16 SF/Yr
287 S Main St, Concord, NH 03301
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Lot
4.43 ac (192,971 SF)
Zoning code
OCP
APN
CNCD M:792Z B:65
UPID
US58-0161580
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
-
Get Fit NH's Athlete Academy Gym & Fitness Center
-
Big Jim's Home Center Building Supply Hardware & Home Improvement
-
CheckmateHCM Accounting Firm
-
Anjou Hair Studio Hair Salon
-
Health Enhancement Group of New England, LLC Gym & Fitness Center
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
Resm Developments LLC · 7 yrs held
Resm Developments LLC
since 2019
6 recorded transactions
Zoning & alternative use
OCP · Concord, 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 Concord submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Concord 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
$44,980
Tax year 2023
Assessed value
$1,674,600
Assessed 2023
Previous assessed
$1,674,600
+0.0% YoY
Effective rate
2.69%
On assessed value
Assessed land
$544,800
Assessed improvement
$1,129,800
Applied tax rate
14,200.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
For Lease
Heating
NONE
Buildings
2
Lot
4.43 ac (192,971 SF)
Zoning code
OCP
APN
CNCD M:792Z B:65
UPID
US58-0161580
Jurisdiction
CONCORD CITY
Zoning & alternative use
OCP · Concord, NH
Zoning OCP · permitted uses
OCP · Concord, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Concord. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Buildings
2
Lot
4.43 ac
Current owner
From public records · entity-resolved
Resm Developments LLC
Entity
Mailing address
287 S MAIN ST, CONCORD, NH 03301-3460
Mailing matches property
Yes
Owner-occupied
Yes
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 18, 2019
$695,000
Resm Developments LLC
Fiddleheads Realty LLC
Warranty Deed
$580,000 · Merrimack Cnty Svgs Bk
Dec 21, 2018
—
Steenbeke,donald P Trust
—
Deed
related
$350,000 · Merrimack Cnty Svgs Bk
Aug 30, 2013
$655,000
Fiddleheads Realty LLC
James H Steenbeke JR T
Warranty Deed
$520,000 · Merrimack County Savings Nh
Nov 30, 2012
$389,000
James H Steenbeke T JR.
J&s Leasing
Warranty Deed
—
Nov 30, 2012
$785,900
Donald P Steenbeke Ret
J&s Leasing
Warranty Deed
—
—
—
Steenbeke,donald P Trust
—
Deed Of Trust
related
$350,000 · Merrimack Cnty Svgs 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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