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Property profile & analytics
OFF-MARKET
Estimated value
$1,695,000
Commercial real estate
3 John Tyler St Merrimack, NH 03054
Individually Owned
3-yr Hold
Free & Clear
Property ID
US58-0232969
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1998
Total area
6,300 SF
Lot
5.67 ac (246,985 SF)
Zoning code
INDUST
APN
MRMK M:0002D L:000041 S:000011
UPID
US58-0232969
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
$1.78M
CAP Approach
CAP
$1.19M
Comparable Approach
Comparable
$1.43M
Blend (final)
Blend
$1.70M
Owner & transaction history
Prime Storage Merrimack L · 3 yrs held
Prime Storage Merrimack L
since 2023
Last sale
$2.4M
4 recorded transactions
Zoning & alternative use
INDUST · Merrimack, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.3M
+28.6%
Auto repair, garage
$1.1M
+10.3%
Retail stores
$1.0M
+1.9%
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 Merrimack submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Merrimack 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
$1,725,000
ML approach
$1,775,000
CAP Approach
CAP Return
Estimation
6%
$1,290,000
6.5%
$1,190,000
7%
$1,105,000
Alternative Use
Use
Estimation
RESTAURANT
$1,300,000
Change: +29% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,115,000
Change: +10% · Conversion: Difficult
RETAIL STORES
$1,030,000
Change: +2% · Conversion: Easy
Blend value · Realmo final
$1.70M
Range $1.53M – $1.86M · ±10% · vs last sale $2.37M (Apr 4 2023)
Last sale anchor
$2.37M
Apr 4 2023
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
$269 / 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
$45,529
Tax year 2023
Assessed value
$2,340,800
Assessed 2023
Previous assessed
$2,340,800
+0.0% YoY
Effective rate
1.95%
On assessed value
Assessed land
$928,400
Assessed improvement
$1,412,400
Applied tax rate
47,540.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1998
Heating
NONE
Buildings
2
Stories
1
Total area
6,300 SF
Lot
5.67 ac (246,985 SF)
Zoning code
INDUST
APN
MRMK M:0002D L:000041 S:000011
UPID
US58-0232969
Jurisdiction
MERRIMACK TOWN
Zoning & alternative use
INDUST · Merrimack, NH
Zoning INDUST · permitted uses
INDUST · Merrimack, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Merrimack. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.1M
RETAIL STORES
Est. value
$1.0M
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
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
1998
Heating
NONE
Stories
1
Buildings
2
Lot
5.67 ac
Current owner
From public records · entity-resolved
Prime Storage Merrimack L
Individual
Free & Clear · 3 yrs held
Mailing address
3 JOHN TYLER ST, MERRIMACK, NH 03054
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 4, 2023
$2,365,800
Prime Storage Merrimack L
Why Self-storage LLC
Warranty Deed
—
Sep 30, 2022
$2,365,800
Prime Storage Merrimack
Why Self Storage LLC
Warranty Deed
$250,000,000 · Citibank NA
Dec 19, 2017
$389,000
Why Self Storage LLC
Kn Storage LLC
Quit Claim Deed
related
—
Dec 19, 2017
$259,333
Why Self Storage LLC
Nevada Marketing INC
Quit Claim Deed
related
—
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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