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Property profile & analytics
OFF-MARKET
Estimated value
$1,605,000
Commercial real estate
289 Country Clb Ln New London, NH 03257-5828
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US58-0103085
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1880
Construction
FRAME
Total area
15,781 SF
Lot
13.34 ac (581,090 SF)
Zoning code
ARR -
APN
NLDN M:111 L:30 S:0
UPID
US58-0103085
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
-
Henry's at Lake Sunapee Country Club Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.18M
Comparable Approach
Comparable
$1.57M
Blend (final)
Blend
$1.61M
Owner & transaction history
Lake Sunapee Country Club INC · 10 yrs held
Lake Sunapee Country Club INC
since 2016
2 recorded transactions
Zoning & alternative use
ARR - · New London, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.3M
+2.7%
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 New London submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New London 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%
$2,360,000
6.5%
$2,180,000
7%
$2,020,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,245,000
Current use
RETAIL STORES
$2,305,000
Change: +3% · Conversion: Easy
INDUSTRIAL (GENERAL)
$2,225,000
Change: -1% · Conversion: Moderate
OFFICE BUILDING
$2,090,000
Change: -7% · Conversion: Easy
Blend value · Realmo final
$1.61M
Range $1.44M – $1.77M · ±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
$102 / 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
$23,692
Tax year 2023
Assessed value
$2,191,700
Assessed 2023
Previous assessed
$1,710,000
+28.2% YoY
Effective rate
1.08%
On assessed value
Assessed land
$387,100
Assessed improvement
$1,804,600
Applied tax rate
52,100.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1880
Construction
FRAME
Heating
HOT WATER
Cooling
YES
Buildings
2
Stories
2
Total area
15,781 SF
Lot
13.34 ac (581,090 SF)
Zoning code
ARR -
APN
NLDN M:111 L:30 S:0
UPID
US58-0103085
Jurisdiction
NEW LONDON TOWN
Zoning & alternative use
ARR - · New London, NHZoning ARR - · permitted uses
ARR - · New London, 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
COMMERCIAL (GENERAL) Current
Est. value
$2.2M
RETAIL STORES
Est. value
$2.3M
INDUSTRIAL (GENERAL)
Est. value
$2.2M
OFFICE BUILDING
Est. value
$2.1M
COMMERCIAL (GENERAL) Current
RETAIL STORES
INDUSTRIAL (GENERAL)
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
1880
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
2
Buildings
2
Lot
13.34 ac
Current owner
From public records · entity-resolved
Lake Sunapee Country Club INC
Entity
Mailing address
PO BOX 2460, NEW LONDON, NH 03257-2460
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 16, 2016
—
Lake Sunapee Country Club INC
—
Deed
related
$1,624,637 · Lake Sunapee Bk Fsb
—
—
Lake Sunapee Country Club INC
—
Deed Of Trust
related
$1,624,637 · Lake Sunapee Bk Fsb
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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