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Property profile & analytics
OFF-MARKET
Estimated value
$600,000
Turn key restaurants
317 Loudon Rd Concord, NH 03301-6056
Entity Owned
18-yr Hold
~
Est. High Equity
Property ID
US58-0388535
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2004
Construction
FRAME
Total area
6,941 SF
Lot
1.35 ac (58,806 SF)
Zoning code
GWP
APN
CNCD M:46Z B:62
UPID
US58-0388535
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
-
Texas Roadhouse Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$600k
Owner & transaction history
Milano Re Associates LLC · 18 yrs held
Milano Re Associates LLC
since 2007
3 recorded transactions
Zoning & alternative use
GWP · Concord, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The Gateway Performance (GWP) District is established to provide for well designed, large scale commercial development along arterial streets at entrances to the City. Permitted uses will be predominantly commercial and may include both individual and mixed use developments of retail, restaurant, service, and office uses. Fully serviced by municipal utilitie…
Zone name
Gateway Performance District
General category
MIXED_USE
Zone area
759.96 ac
Source
Realmo
Top alternative use upside
Industrial (general)
$895,000
+15.2%
Commercial (general)
$855,000
+10.5%
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 Concord submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Concord 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$775,000
Current use
INDUSTRIAL (GENERAL)
$895,000
Change: +15% · Conversion: Difficult
COMMERCIAL (GENERAL)
$855,000
Change: +11% · Conversion: Easy
AUTO REPAIR, GARAGE
$750,000
Change: -3% · Conversion: Difficult
RETAIL STORES
$690,000
Change: -11% · Conversion: Easy
OFFICE BUILDING
$645,000
Change: -17% · Conversion: Moderate
Blend value · Realmo final
$600k
Range $540k – $660k · ±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
$86 / 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
$50,991
Tax year 2023
Assessed value
$1,898,400
Assessed 2023
Previous assessed
$1,898,400
+0.0% YoY
Effective rate
2.69%
On assessed value
Assessed land
$661,500
Assessed improvement
$1,236,900
Applied tax rate
14,200.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2004
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Total area
6,941 SF
Lot
1.35 ac (58,806 SF)
Zoning code
GWP
APN
CNCD M:46Z B:62
UPID
US58-0388535
Jurisdiction
CONCORD CITY
Zoning & alternative use
GWP · Concord, NHZoning GWP · permitted uses
GWP · Concord, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The Gateway Performance (GWP) District is established to provide for well designed, large scale commercial development along arterial streets at entrances to the City. Permitted uses will be predominantly commercial and may include both individual and mixed use developments of retail, restaurant, service, and office uses. Fully serviced by municipal utilities, the uses developed within this District are expected to adhere to high standards for appearance in order to ensure that the gateways to the City are attractive and functional.
Zone name
Gateway Performance District
General category
MIXED_USE
Zone area
759.96 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$775,000
INDUSTRIAL (GENERAL)
Est. value
$895,000
COMMERCIAL (GENERAL)
Est. value
$855,000
AUTO REPAIR, GARAGE
Est. value
$750,000
RETAIL STORES
Est. value
$690,000
OFFICE BUILDING
Est. value
$645,000
RESTAURANT Current
INDUSTRIAL (GENERAL)
COMMERCIAL (GENERAL)
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
2004
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Lot
1.35 ac
Current owner
From public records · entity-resolved
Milano Re Associates LLC
Entity
Mailing address
PO BOX 1750, CONCORD, NH 03302-1750
Ownership since
2007
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 22, 2011
—
Milano Real Estate Assoc
—
Deed Of Trust
related
$893,141 · First Colebrook Bank Nh
Sep 27, 2007
$185,000
Milano Re Associates LLC
Gmri INC
Grant Deed
$450,000 · First Colebrook Bank Nh
Jan 31, 2005
—
Richard A Damante
—
Deed Of Trust
related
$800,000 · First Colebrook Bank Nh
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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