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Property profile & analytics
OFF-MARKET
Estimated value
$5,120,000
Commercial real estate
290 Wadleigh Fls Rd, Newmarket, NH 03857-3102
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US58-0411855
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2006
Total area
25,194 SF
Lot
8.97 ac (390,733 SF)
Zoning code
R1
APN
NMAR M:R5 B:89 L:1
UPID
US58-0411855
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
-
Wadleigh Falls Senior Housing Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.91M
CAP Approach
CAP
$3.61M
Comparable Approach
Comparable
$5.33M
Blend (final)
Blend
$5.12M
Owner & transaction history
Wadleigh Falls Ph LLC · 4 yrs held
Wadleigh Falls Ph LLC
since 2022
Last sale
$5.2M
5 recorded transactions
Zoning & alternative use
R1 · Newmarket, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$6.6M
+14.2%
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 Newmarket submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Newmarket 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
$4,960,000
ML approach
$4,905,000
CAP Approach
CAP Return
Estimation
6%
$3,910,000
6.5%
$3,610,000
7%
$3,355,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$5,810,000
Current use
AUTO REPAIR, GARAGE
$6,640,000
Change: +14% · Conversion: Difficult
RETAIL STORES
$5,455,000
Change: -6% · Conversion: Easy
OFFICE BUILDING
$4,750,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$5.12M
Range $4.61M – $5.63M · ±10% · vs last sale $5.20M (May 6 2022)
Last sale anchor
$5.20M
May 6 2022
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
$203 / 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
$82,953
Tax year 2023
Assessed value
$2,812,919
Assessed 2023
Previous assessed
$4,699,900
-40.1% YoY
Effective rate
2.95%
On assessed value
Assessed land
$1,041,100
Assessed improvement
$1,771,819
Applied tax rate
52,340.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2006
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
2
Units
29
Total area
25,194 SF
Lot
8.97 ac (390,733 SF)
Zoning code
R1
APN
NMAR M:R5 B:89 L:1
UPID
US58-0411855
Jurisdiction
NEWMARKET TOWN
Metro division
ROCKINGHAM COUNTY-STRAFFORD COUNTY, NH METROPOLITAN DIVISION
Zoning & alternative use
R1 · Newmarket, NH
Zoning R1 · permitted uses
R1 · Newmarket, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Newmarket. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$5.8M
AUTO REPAIR, GARAGE
Est. value
$6.6M
RETAIL STORES
Est. value
$5.5M
OFFICE BUILDING
Est. value
$4.8M
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
RETAIL STORES
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
2006
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
2
Units
29
Lot
8.97 ac
Current owner
From public records · entity-resolved
Wadleigh Falls Ph LLC
Entity
Mailing address
290 WADLEIGH FLS RD, NEWMARKET, NH 03857-3102
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 5, 2025
—
Wadleigh Falls Ph LLC
—
Deed
related
$2,145,000 · Eastern Bank
May 6, 2022
$5,200,000
Wadleigh Falls Ph LLC
Wadleigh Falls Rd LP
Warranty Deed
$3,445,000 · Eastern Bank
May 12, 2005
$250,000
Wadleigh Falls Rd SR
Ccw SR Hsng Corp
Quit Claim Deed
related
$2,550,000 · Td Banknorth Mortgage Group
May 12, 2005
—
Wadleigh Falls Rd Sen Res
—
Grant Deed
related
$2,550,000 · Td Bank NA
Jun 2, 2004
$250,000
Ccw SR Hsng Corp
Nelson,doris M
Warranty Deed
$240,000 · Zwi Kohorn
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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