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Property profile & analytics
OFF-MARKET
Estimated value
$625,000
Showrooms
3 Chester Tpke, Allenstown, NH 03275-2200
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US58-0317171
Property summary
AI-generated overview
This Allenstown, NH property offers a 62,780-square-foot industrial space, ideal for manufacturing, warehousing, or distribution. Currently, 45,840 square feet is available for lease. The single-story building boasts impressive 20- to 27-foot clear ceiling heights, facilitating efficient operations and high-volume storage. The property includes two loading docks and two drive-in doors, ensuring smooth and efficient loading and unloading processes. Power is provided by a robust 400-amp, 3-phase electrical system. Ample parking is available on-site for employees and visitors. Strategically located less than ten minutes from Interstate 93, this property offers excellent access to major transportation routes, simplifying logistics and distribution. The lease rate is $9.50 per square foot, NNN. This property presents a unique opportunity for businesses seeking a functional and well-located industrial space in Merrimack County.
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1985
Construction
STEEL FRAME
Total area
4,365 SF
Lot
1.11 ac (48,352 SF)
Zoning code
B - BU
APN
ALLE M:00109 L:000029 S:000000
UPID
US58-0317171
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
-
Northeast Logistics Logistics Company Freight Service
-
Tender Years Child Care Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$755k
CAP Approach
CAP
$600k
Comparable Approach
Comparable
$802k
Blend (final)
Blend
$625k
Owner & transaction history
Cjl LLC · 8 yrs held
Cjl LLC
since 2018
Last sale
$470,000
3 recorded transactions
Zoning & alternative use
B - BU · Allenstown, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$905,000
+30.9%
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 Allenstown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Allenstown 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
$750,000
ML approach
$755,000
CAP Approach
CAP Return
Estimation
6%
$655,000
6.5%
$600,000
7%
$560,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$690,000
Current use
AUTO REPAIR, GARAGE
$905,000
Change: +31% · Conversion: Difficult
RETAIL STORES
$640,000
Change: -8% · Conversion: Easy
OFFICE BUILDING
$580,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$625k
Range $563k – $688k · ±10% · vs last sale $470k (Sep 10 2020)
Last sale anchor
$470k
Sep 10 2020
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
$143 / 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
$13,935
Tax year 2023
Assessed value
$657,300
Assessed 2023
Previous assessed
$657,300
+0.0% YoY
Effective rate
2.12%
On assessed value
Assessed land
$272,300
Assessed improvement
$385,000
Applied tax rate
660.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1985
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Total area
4,365 SF
Lot
1.11 ac (48,352 SF)
Zoning code
B - BU
APN
ALLE M:00109 L:000029 S:000000
UPID
US58-0317171
Jurisdiction
ALLENSTOWN TOWN
Zoning & alternative use
B - BU · Allenstown, NH
Zoning B - BU · permitted uses
B - BU · Allenstown, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Allenstown. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$690,000
AUTO REPAIR, GARAGE
Est. value
$905,000
RETAIL STORES
Est. value
$640,000
OFFICE BUILDING
Est. value
$580,000
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
1985
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Lot
1.11 ac
Current owner
From public records · entity-resolved
Cjl LLC
Entity
Mailing address
3 CHESTER TPKE, ALLENSTOWN, NH 03275-2200
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 12, 2018
$300,000
Cjl LLC
Yukon Realty Investment LP
Warranty Deed
related
$1,671,562 · Enterprise Bk
Sep 29, 2014
—
Yukon Rlty Investment LP
—
Grant Deed
related
$610,343 · Bank Of Nh
—
—
Cjl LLC
—
Deed Of Trust
related
$3,187,500 · Primary 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.
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