353 High St Somersworth, NH 03878-1416
Entity Owned
24-yr Hold
Absentee Owner
Free & Clear
Estimated value (blended)
$865k
Range $779k – $952k (±10%)
Property ID
US58-0614680
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
2001
Construction
FRAME
Total area
4,647 SF
Lot
3.1 ac (135,036 SF)
Zoning code
RO
APN
SMSW M:21 B:195 L:0
UPID
US58-0614680
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Pediatrician Physician
-
Pediatrician Physician
-
Physician
-
Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$720k
Comparable Approach
Comparable
$833k
Blend (final)
Blend
$865k
Owner & transaction history
Zoning & alternative use
RO · Somersworth, NH
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 16 comparables with addresses
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$865k
Value range
$779k – $952k
±10% around blend
Estimated value / SF
$186 / SF
Confidence
High
16 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
100
$779k
blend $865k
$952k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
4,647 SF
Lot area
3.1 ac
Year built
2001
Stories
1
APN
SMSW M:21 B:195 L:0
Assessed value
$710,500
Annual tax
$20,818
3
Income approach: direct capitalization
Partial preview
Income approach indication
$720k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$780k
@ 6.5% CAP return
$720k
@ 7% CAP return
$670k
4
Sales comparison
Partial preview
Sales approach indication
$1.27M
Weighted, 16 comps · high confidence
Evidence
16 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
13.0 mi away · 3,655 SF
13.0 mi away · 4,280 SF
13.7 mi away · 6,000 SF
13.7 mi away · 6,000 SF
14.1 mi away · 5,579 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$865k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 21 sales
$139
+34%
Submarket 21 sales
$139
+34%
County 127 sales
$171
+9%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $186/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 16 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$710k
Move the market yield to see immediate price impact.
Value / SF
$153
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$45k
$895k
$639k
$497k
$50k
$995k
$710k
$553k
$55k
$1.09M
$782k
$608k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
16 found
High confidence · county-verified
Closest comparable
$475k
0.9 mi · Feb 2026 · $134/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$20,818
Tax year 2023
Assessed value
$710,500
Assessed 2023
Previous assessed
$692,800
+2.6% YoY
Effective rate
2.93%
On assessed value
Assessed land
$248,800
Assessed improvement
$461,700
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
2001
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Rooms
12
Bathrooms
4
Total area
4,647 SF
Lot
3.1 ac (135,036 SF)
Zoning code
RO
APN
SMSW M:21 B:195 L:0
UPID
US58-0614680
Jurisdiction
SOMERSWORTH CITY
Metro division
ROCKINGHAM COUNTY-STRAFFORD COUNTY, NH METROPOLITAN DIVISION
Zoning & alternative use
RO · Somersworth, NHZoning RO · permitted uses
RO · Somersworth, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
2001
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Rooms
12
Bathrooms
4
Lot
3.1 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
RO
Jurisdiction
Somersworth, NH
Recorded code
RO
Ownership Intelligence
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Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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