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Property profile & analytics
OFF-MARKET
Investment properties
308 Lk Ave Manchester, NH 03103-4819
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US58-0630288
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1900
Construction
FRAME
Total area
3,534 SF
Lot
0.21 ac (9,000 SF)
APN
MNCH M:0056 B:000 L:0031
UPID
US58-0630288
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Three Nh Guys LLC · 1 yrs held
Three Nh Guys LLC
since 2025
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
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 Manchester submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Manchester 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$5,279
Tax year 2023
Assessed value
$279,900
Assessed 2023
Previous assessed
$279,900
+0.0% YoY
Effective rate
1.89%
On assessed value
Assessed land
$84,900
Assessed improvement
$195,000
Applied tax rate
45,140.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1900
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
3
Units
3
Total area
3,534 SF
Lot
0.21 ac (9,000 SF)
APN
MNCH M:0056 B:000 L:0031
UPID
US58-0630288
Jurisdiction
MANCHESTER CITY
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1900
Construction
FRAME
Heating
FORCED AIR
Stories
3
Buildings
1
Units
3
Lot
0.21 ac
Current owner
From public records · entity-resolved
Three Nh Guys LLC
Entity
Mailing address
12 POND DR, MANCHESTER, NH 03103-6137
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 12, 2025
$1,150,000
Three Nh Guys LLC
314 Lk Ave LLC
Warranty Deed
$1,096,000 · Franklin Savings Bank (maine)
Nov 9, 2023
—
314 Lake Avenue LLC
Scott R Soucy
Quit Claim Deed
related
—
Aug 29, 2023
—
314 Lake Avenue LLC
Scott R Soucy
Warranty Deed
$200,000 · Bankprov
Jan 29, 2008
$405,000
Deutsche Bank Natl T Co
Thellen,richard J
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
Jul 20, 2006
$585,000
Richard J Thellen
Jet Props LLC
Deed
$446,823 · Equity One INC
Oct 28, 2003
$500,000
Richard J Thellen
Deal LLC
Warranty Deed
$357,000 · Equity One INC
Apr 18, 2001
$120,000
Deal LLC
A&a Resource Mgt INC
Warranty Deed
$85,680 · Equity One INC
Dec 3, 1998
$50,000
A&a Resource Mgmt INC
308 Lake Ave RT
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
—
Oct 31, 1997
$65,000
308 Lake Ave RT
Assett Resolution Corp
Warranty Deed
$64,000 · 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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