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Property profile & analytics
OFF-MARKET
Estimated value
$645,000
Investment properties
3 Lowr Ladd Hl Rd, Meredith, NH 03253-5825
Individually Owned
5-yr Hold
Property ID
US58-0241977
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1900
Total area
5,010 SF
Lot
0.62 ac (27,007 SF)
Zoning code
R
APN
MERE M:00U03 B:00015
UPID
US58-0241977
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
$660k
CAP Approach
CAP
$710k
Comparable Approach
Comparable
$852k
Blend (final)
Blend
$645k
Owner & transaction history
Michael P Freeman · 5 yrs held
Michael P Freeman
since 2020
Last sale
$492,000
4 recorded transactions
Zoning & alternative use
R · Meredith, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Meredith submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Meredith 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
$760,000
ML approach
$660,000
CAP Approach
CAP Return
Estimation
6%
$770,000
6.5%
$710,000
7%
$660,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$775,000
Current use
OFFICE BUILDING
$680,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$645k
Range $581k – $710k · ±10% · vs last sale $492k (Sep 1 2020)
Last sale anchor
$492k
Sep 1 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
$129 / 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
$6,957
Tax year 2023
Assessed value
$703,400
Assessed 2023
Previous assessed
$703,400
+0.0% YoY
Effective rate
0.99%
On assessed value
Assessed land
$141,300
Assessed improvement
$562,100
Applied tax rate
47,140.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1900
Heating
HOT WATER
Buildings
1
Stories
2
Units
3
Rooms
11
Bathrooms
3
Total area
5,010 SF
Lot
0.62 ac (27,007 SF)
Zoning code
R
APN
MERE M:00U03 B:00015
UPID
US58-0241977
Jurisdiction
MEREDITH TOWN
Zoning & alternative use
R · Meredith, NH
Zoning R · permitted uses
R · Meredith, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Meredith. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$775,000
OFFICE BUILDING
Est. value
$680,000
COMMERCIAL (GENERAL) Current
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
1900
Heating
HOT WATER
Stories
2
Buildings
1
Units
3
Rooms
11
Bathrooms
3
Lot
0.62 ac
Current owner
From public records · entity-resolved
Michael P Freeman
Individual
Mailing address
3 LOWR LADD HL RD, MEREDITH, NH 03253-5825
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
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
Sep 1, 2020
$492,000
Michael P Freeman
Robert E Otis
Warranty Deed
$467,400 · Mortgage Ntwk
Aug 19, 2019
$226,533
Melissa J Otis
Hallowell,robert JR & Charielle S
Warranty Deed
$211,500 · Northway Bk
Aug 12, 2011
—
Robert E Otis
—
Deed Of Trust
related
$200,000 · Rbs Citizens Bank NA
Aug 28, 2008
—
Robert E Otis
—
Deed Of Trust
related
$125,000 · Meredith Village Savings Bank
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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