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Property profile & analytics
OFF-MARKET
Estimated value
$570,000
Retail space
311 Un Ave Laconia, NH 03246-2811
Individually Owned
22-yr Hold
~
Est. High Equity
Property ID
US58-0647260
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1955
Total area
8,704 SF
Lot
0.9 ac (39,275 SF)
Zoning code
UC
APN
LACO M:411 B:220 L:29
UPID
US58-0647260
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
-
AutoZone Auto Parts Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$370k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$768k
Blend (final)
Blend
$570k
Owner & transaction history
RT Blaisdell · 22 yrs held
RT Blaisdell
since 2004
4 recorded transactions
Zoning & alternative use
UC · Laconia, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Urban Commercial (UC) District. The Urban Commercial District is designed in recognition of the fact that historically commerce and business tended to concentrate in a central area and that over the years the area has expanded outward from its traditional center along the major roadways. The area also features residential parcels that are transitioning to fe…
Zone name
Urban Commercial District
General category
COMMERCIAL
Zone area
582.45 ac
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 Laconia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Laconia 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
by Request
ML approach
$370,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$810,000
Current use
AUTO REPAIR, GARAGE
$790,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$570k
Range $513k – $627k · ±10%
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
$65 / 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
$9,890
Tax year 2023
Assessed value
$711,000
Assessed 2023
Previous assessed
$711,000
+0.0% YoY
Effective rate
1.39%
On assessed value
Assessed land
$153,900
Assessed improvement
$557,100
Applied tax rate
40,180.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1955
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
1
Total area
8,704 SF
Lot
0.9 ac (39,275 SF)
Zoning code
UC
APN
LACO M:411 B:220 L:29
UPID
US58-0647260
Jurisdiction
LACONIA CITY
Zoning & alternative use
UC · Laconia, NHZoning UC · permitted uses
UC · Laconia, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Urban Commercial (UC) District. The Urban Commercial District is designed in recognition of the fact that historically commerce and business tended to concentrate in a central area and that over the years the area has expanded outward from its traditional center along the major roadways. The area also features residential parcels that are transitioning to feature more density or to other uses, such as professional offices or personal services. The intent of this district is to permit expansion of existing uses or the redevelopment of parcels to new or different uses. The district will also provide opportunities, incentives and requirements to acknowledge and respect the Winnipesaukee River in the downtown area between Lake Opechee and Lake Winnisquam. The river is a focal point in the City's history and heritage and should be a critical factor in any redevelopment within the district. The district is defined as outlined on the official Zoning Map. [Added 6-24-2019 by Ord. No. 2019-235-14 [2] ] [2]
Zone name
Urban Commercial District
General category
COMMERCIAL
Zone area
582.45 ac
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$810,000
AUTO REPAIR, GARAGE
Est. value
$790,000
RETAIL STORES Current
AUTO REPAIR, GARAGE
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
1955
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
1
Lot
0.9 ac
Current owner
From public records · entity-resolved
RT Blaisdell
Individual
Mailing address
PO BOX 2198, MEMPHIS, TN 38101-2198
Ownership since
2004
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
Jan 31, 2017
—
Blaisdell Realty Trust
—
Deed
related
$700,000 · Camden Nat'l Bk
Sep 28, 2005
—
RT Blaisdell
—
Deed Of Trust
related
$400,000 · Citizens Bank Of Nh
Jul 20, 2004
$610,000
RT Blaisdell
Fen RT
Warranty Deed
$420,000 · Citizens Bank Of Nh
—
—
Blaisdell Realty Trust
—
Deed Of Trust
related
$700,000 · Camden Nat'l 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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