Financial
Distress signals
Property profile

15 King St Auburn, NH 03032

FOR LEASE
Other commercial real estate
Property ID
US58-0023958
5,368 SF 3.69 ac lot Built 1988
Last sale Feb 2012 · $340,000
Individually Owned Owner of record is an individual. 14-yr Hold Held for 14 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

An industrial/flex property offering 3,600 square feet of warehouse area paired with 720 square feet of finished second-floor office space. The warehouse includes two 12’ x 14’ drive-in doors and supports basic utility needs with an outdoor water spigot and a power outlet. The office level is arranged with two private offices and a conference room, served by wall-based HVAC units, while the warehouse is heated using two 150k BTU propane heaters. Exterior and support features include 12

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$25k
Tax billed · 2023
Assessed value$2.02M
Assessed land$591k
Assessed improvement$1.43M
Effective rate1.26%

Value estimate

· Sep 2026
$620k
$558k – $682k
AI approach$430k
CAP approach$770k
Sales comparison$654k
NOI build-up
Gross scheduled income$11k
Vacancy & credit loss−$773
Operating expenses−$3k
NOI · 375.80% cap applied$7k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$231/SF
County average, outlier-cleaned · 352 recorded sales of this use type
Observed band · Q1–Q3$109 – $390
Qualifying comparables10

Cap rate analysis

How does the asset earn?
375.80%
$7k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
INDUST
JurisdictionAUBURN TOWN

Location intelligence

Which uses thrive at this corner?
Best fit: Convenience Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Convenience Store8.7
Bakery8.5
Law Firm8.4

Location

15 King St Auburn, NH 03032
County assessor Recorded deeds · 4 transfers 10 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message