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Property profile & analytics
FOR LEASE
Commercial real estate
375 Banfield Rd Portsmouth, NH 03801
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US58-0544557
No photos on file
For Lease
Contact for pricing
375 Banfield Rd, Portsmouth, NH 03801
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
17.32 ac (754,459 SF)
Zoning code
I
APN
PRSM M:0266 B:0007 L:
UPID
US58-0544557
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
-
Portsmouth Garage Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
BANFIELD REALTY LLC
BANFIELD REALTY LLC
Zoning & alternative use
I · Portsmouth, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
and Residential and Mixed Residential Districts 10.591 Minimum Distance Between Structures in Nonresidential Districts and Residential or Mixed Residential Districts In a General Business District, Industrial District (I, WI, OR) or Airport District (A, PI, AI, ABC), no structure or additions to a structure shall be located within 100 feet of a parcel in a R…
Zone name
Industrial
General category
INDUSTRIAL
Zone area
585.19 ac
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 Portsmouth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Portsmouth 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$18,617
Tax year 2023
Assessed value
$1,154,200
Assessed 2023
Previous assessed
$1,154,200
+0.0% YoY
Effective rate
1.61%
On assessed value
Assessed land
$839,800
Assessed improvement
$314,400
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Lease
Heating
NONE
Buildings
2
Units
1
Lot
17.32 ac (754,459 SF)
Zoning code
I
APN
PRSM M:0266 B:0007 L:
UPID
US58-0544557
Jurisdiction
PORTSMOUTH CITY
Metro division
ROCKINGHAM COUNTY-STRAFFORD COUNTY, NH METROPOLITAN DIVISION
Zoning & alternative use
I · Portsmouth, NHZoning I · permitted uses
I · Portsmouth, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
and Residential and Mixed Residential Districts 10.591 Minimum Distance Between Structures in Nonresidential Districts and Residential or Mixed Residential Districts In a General Business District, Industrial District (I, WI, OR) or Airport District (A, PI, AI, ABC), no structure or additions to a structure shall be located within 100 feet of a parcel in a Residential or Mixed Residential district or Character District 4-L1. Article 5 D
Zone name
Industrial
General category
INDUSTRIAL
Zone area
585.19 ac
Building & site characteristics
From public records
Heating
NONE
Buildings
2
Units
1
Lot
17.32 ac
Current owner
From public records · entity-resolved
BANFIELD REALTY LLC
Entity
Free & Clear · 0 yrs held
Mailing address
304 MAPLEWOOD AVE, PORTSMOUTH, NH 03801-3501
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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