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Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Residential income homes
32-36 Spg St Concord, NH 03301
Individually Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US58-0155217
Property profile
Verified
Property type
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Year built
1900
Construction
FRAME
Total area
3,768 SF
Lot
0.26 ac (11,326 SF)
Zoning code
RD
APN
CNCD M:7411Z B:72
UPID
US58-0155217
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
$530k
Owner & transaction history
Harold E Ekstrom · 6 yrs held
Harold E Ekstrom
since 2019
2 recorded transactions
Zoning & alternative use
RD · Concord, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The Downtown Residential (RD) District is established to incorporate the fully developed neighborhoods of mixed residential uses surrounding the downtowns of Concord and Penacook at densities not exceeding fourteen (14) units per acre in areas with full municipal utility services.
Zone name
Downtown Residential District
General category
COMMERCIAL
Zone area
257.08 ac
Source
Realmo
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
COMMERCIAL (GENERAL)
$465,000
Change: 0% · Conversion: Moderate
AUTO REPAIR, GARAGE
$410,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$375,000
Change: 0% · Conversion: Difficult
OFFICE BUILDING
$350,000
Change: 0% · Conversion: Moderate
Blend value · Realmo final
$530k
Range $477k – $583k · ±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
$141 / 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
$13,231
Tax year 2023
Assessed value
$492,600
Assessed 2023
Previous assessed
$492,600
+0.0% YoY
Effective rate
2.69%
On assessed value
Assessed land
$292,500
Assessed improvement
$200,100
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
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Status
Off-Market
Year built
1900
Construction
FRAME
Heating
STEAM
Cooling
YES
Buildings
1
Stories
3
Units
15
Rooms
16
Bathrooms
5
Total area
3,768 SF
Lot
0.26 ac (11,326 SF)
Zoning code
RD
APN
CNCD M:7411Z B:72
UPID
US58-0155217
Jurisdiction
CONCORD CITY
Zoning & alternative use
RD · Concord, NHZoning RD · permitted uses
RD · Concord, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The Downtown Residential (RD) District is established to incorporate the fully developed neighborhoods of mixed residential uses surrounding the downtowns of Concord and Penacook at densities not exceeding fourteen (14) units per acre in areas with full municipal utility services.
Zone name
Downtown Residential District
General category
COMMERCIAL
Zone area
257.08 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$465,000
AUTO REPAIR, GARAGE
Est. value
$410,000
RETAIL STORES
Est. value
$375,000
OFFICE BUILDING
Est. value
$350,000
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
1900
Construction
FRAME
Heating
STEAM
Cooling
Yes
Stories
3
Buildings
1
Units
15
Rooms
16
Bathrooms
5
Lot
0.26 ac
Current owner
From public records · entity-resolved
Harold E Ekstrom
Individual
Free & Clear · 6 yrs held
Mailing address
36 WARREN ST STE #2, CONCORD, NH 03301-4052
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 19, 2019
—
Harold E Ekstrom
Ekstrom,harold E & Judith A
Quit Claim Deed
related
—
Aug 29, 2006
$285,000
Harold E Ekstrom
Stearns,donald
Warranty Deed
$265,000 · Donald Stearns
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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