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Property profile & analytics
OFF-MARKET Estimated value $2,970,000
Office buildings

324 Riv Rd Bedford, NH 03110-6830

18,212 SF 4.94 ac lot Built 2005
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US58-0198346
Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2005
Construction STEEL FRAME
Total area 18,212 SF
Lot 4.94 ac (215,186 SF)
Zoning code PZ
APN BEDD M:24 B:99 L:3
UPID US58-0198346
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
$2.46M
Comparable Approach Comparable
$3.62M
Blend (final) Blend
$2.97M
Owner & transaction history
Melinda Realty Assoc LP · 4 yrs held
Melinda Realty Assoc LP
since 2021
3 recorded transactions
2021
Price N/A
2020
Price N/A
1969
Price N/A
Zoning & alternative use
PZ · Bedford, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

PZ) Zoning Districts. Garden Style Multifamily buildings shall be permitted in the Performance Zone (PZ), Apartment Residential (AR) and Service Industrial (SI) Zone, subject to the following provisions: (a) Development criteria. [1] At least 10% of the units in the development meet the affordability requirements for workforce housing in § 275-6 of this chap…

Zone name Performance
General category MIXED_USE
Zone area 1,520.77 ac
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