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Property profile & analytics
FOR LEASE
Office buildings

288 Riv Rd Bedford, NH 03110-6815

6,440 SF 1.5 ac lot Built 1980
Entity Owned 18-yr Hold ~ Est. High Equity
Property ID
US58-0196690
Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1980
Construction FRAME
Total area 6,440 SF
Lot 1.5 ac (65,340 SF)
Zoning code PZ
APN BEDD M:24 B:98 L:15
UPID US58-0196690
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
$870k
Comparable Approach Comparable
$1.51M
Blend (final) Blend
$1.28M
Owner & transaction history
Aberdeen Growth LLC · 18 yrs held
Aberdeen Growth LLC
since 2008
3 recorded transactions
2020
Price N/A
2008
$985,000
1969
Price N/A
Zoning & alternative use
PZ · Bedford, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

PZ) Zoning Districts. Garden Style Multifamily buildings shall be permitted in the Performance Zone (PZ), Apartment Residential (AR) and Service Industrial (SI) Zone, subject to the following provisions: (a) Development criteria. [1] At least 10% of the units in the development meet the affordability requirements for workforce housing in § 275-6 of this chap…

Zone name Performance
General category MIXED_USE
Zone area 1,520.77 ac
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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