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Property profile & analytics
OFF-MARKET
Estimated value
$650,000
Showrooms
348 Rte 103a Newbury, NH 03255-5924
Individually Owned
21-yr Hold
Absentee Owner
Property ID
US58-0000983
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1915
Total area
4,817 SF
Lot
2.11 ac (91,912 SF)
Zoning code
RESIDE
APN
NWBU M:018 B:213 L:220
UPID
US58-0000983
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
$665k
Comparable Approach
Comparable
$706k
Blend (final)
Blend
$650k
Owner & transaction history
George L West · 21 yrs held
George L West
since 2004
5 recorded transactions
Zoning & alternative use
RESIDE · Newbury, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$995,000
+45.4%
Retail stores
$705,000
+2.7%
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 Newbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Newbury 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%
$720,000
6.5%
$665,000
7%
$615,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$685,000
Current use
AUTO REPAIR, GARAGE
$995,000
Change: +45% · Conversion: Difficult
RETAIL STORES
$705,000
Change: +3% · Conversion: Easy
OFFICE BUILDING
$640,000
Change: -7% · Conversion: Easy
Blend value · Realmo final
$650k
Range $585k – $715k · ±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
$135 / 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
$9,189
Tax year 2023
Assessed value
$704,100
Assessed 2023
Previous assessed
$704,100
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$146,100
Assessed improvement
$558,000
Applied tax rate
50,900.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1915
Heating
HOT WATER
Buildings
1
Stories
2
Units
1
Rooms
7
Bathrooms
6
Total area
4,817 SF
Lot
2.11 ac (91,912 SF)
Zoning code
RESIDE
APN
NWBU M:018 B:213 L:220
UPID
US58-0000983
Jurisdiction
NEWBURY TOWN
Zoning & alternative use
RESIDE · Newbury, NHZoning RESIDE · permitted uses
RESIDE · Newbury, NH
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
COMMERCIAL (GENERAL) Current
Est. value
$685,000
AUTO REPAIR, GARAGE
Est. value
$995,000
RETAIL STORES
Est. value
$705,000
OFFICE BUILDING
Est. value
$640,000
COMMERCIAL (GENERAL) Current
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
1915
Heating
HOT WATER
Stories
2
Buildings
1
Units
1
Rooms
7
Bathrooms
6
Lot
2.11 ac
Current owner
From public records · entity-resolved
George L West
Individual
Mailing address
6 TURNBUCKLE LN, TYNGSBORO, MA 01879-1410
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 16, 2014
—
George L West
—
Deed Of Trust
related
$441,916 · Lake Sunapee Bank Nh
Mar 11, 2009
—
George L West
—
Deed Of Trust
related
$477,500 · Mascoma Savings Bank
May 16, 2006
—
Michael E Gobes
—
Deed Of Trust
related
$638,851 · Mascoma Savings Bank
Dec 30, 2004
$275,000
George L West
Gobes,michael E
Warranty Deed
$220,000 · Lake Sunapee Bank Nh
—
—
George L West
—
Deed Of Trust
related
$368,000 · Bar Harbor Bk&tr
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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