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Property profile & analytics
OFF-MARKET
Estimated value
$735,000
Office buildings
345 Cilley Rd, Manchester, NH 03103-4500
Entity Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US58-0023705
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1970
Construction
FRAME
Total area
5,558 SF
Lot
0.45 ac (19,402 SF)
APN
MNCH M:0370 B:000 L:0079
UPID
US58-0023705
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
-
Jennifer Jeffries Pediatrician Physician
-
Aspire Living & Learning Charitable Organization Social Service Agency
-
Chopra Alpana MD Pediatrician Physician
-
Commercial Property Tax Management, LLC Real Estate Agency
-
Durvasula Ramesh DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$910k
CAP Approach
CAP
$750k
Comparable Approach
Comparable
$903k
Blend (final)
Blend
$735k
Owner & transaction history
Peerless Properties LLC · 7 yrs held
Peerless Properties LLC
since 2018
Last sale
$687,000
4 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
Method
Estimation
Statistic approach
$860,000
ML approach
$910,000
CAP Approach
CAP Return
Estimation
6%
$815,000
6.5%
$750,000
7%
$695,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,015,000
Current use
AUTO REPAIR, GARAGE
$930,000
Change: -8% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$850,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$735k
Range $662k – $809k · ±10% · vs last sale $687k (Nov 10 2020)
Last sale anchor
$687k
Nov 10 2020
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
$132 / 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
$11,220
Tax year 2023
Assessed value
$594,900
Assessed 2023
Previous assessed
$594,900
+0.0% YoY
Effective rate
1.89%
On assessed value
Assessed land
$153,000
Assessed improvement
$441,900
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1970
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
3
Total area
5,558 SF
Lot
0.45 ac (19,402 SF)
APN
MNCH M:0370 B:000 L:0079
UPID
US58-0023705
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
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.0M
AUTO REPAIR, GARAGE
Est. value
$930,000
INDUSTRIAL (GENERAL)
Est. value
$850,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
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
1970
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
3
Lot
0.45 ac
Current owner
From public records · entity-resolved
Peerless Properties LLC
Entity
Free & Clear · 7 yrs held
Mailing address
17 NOTTINGHAM RD, WINDHAM, NH 03087-1101
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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
Dec 21, 2018
—
Peerless Properties LLC
25 Harvey Road Unit 1e LLC
Warranty Deed
related
—
Oct 14, 2015
$420,000
Peerless Properties LLC
Hassells End Properties LLC
Warranty Deed
$336,000 · Triangle Cu
Aug 29, 2005
$900,000
Hassells End Props LLC
Mam Realty
Deed
$828,000 · Centrix Bk & Tr
Sep 27, 2000
$385,000
Mam Rlty Investors III
Wilson Rlty INC
Warranty Deed
$300,000 · Granite Savings Bank
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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