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Property profile & analytics
OFF-MARKET
Estimated value
$6,870,000
Showrooms
38 Hawthorne Dr Bedford, NH 03110-6895
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US58-0321630
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1998
Construction
FRAME
Total area
29,803 SF
Lot
31.46 ac (1,370,398 SF)
Zoning code
PZ
APN
BEDD M:23 B:8 L:
UPID
US58-0321630
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
$5.12M
Comparable Approach
Comparable
$8.26M
Blend (final)
Blend
$6.87M
Owner & transaction history
Amfp Vi Heritage LLC · 2 yrs held
Amfp Vi Heritage LLC
since 2024
7 recorded transactions
Zoning & alternative use
PZ · Bedford, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$7.2M
+53.7%
Restaurant
$6.7M
+42.8%
Auto repair, garage
$5.0M
+6.5%
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 Bedford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bedford 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%
$5,545,000
6.5%
$5,115,000
7%
$4,750,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$4,680,000
Current use
OFFICE BUILDING
$7,195,000
Change: +54% · Conversion: Easy
RESTAURANT
$6,680,000
Change: +43% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,985,000
Change: +7% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$4,560,000
Change: -3% · Conversion: Moderate
RETAIL STORES
$4,200,000
Change: -10% · Conversion: Easy
Blend value · Realmo final
$6.87M
Range $6.18M – $7.56M · ±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
$231 / 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
$596,299
Tax year 2023
Assessed value
$40,290,500
Assessed 2023
Previous assessed
$35,553,900
+13.3% YoY
Effective rate
1.48%
On assessed value
Assessed land
$9,600,000
Assessed improvement
$30,690,500
Applied tax rate
4,500.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1998
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
8
Stories
3
Units
1
Bathrooms
1
Total area
29,803 SF
Lot
31.46 ac (1,370,398 SF)
Zoning code
PZ
APN
BEDD M:23 B:8 L:
UPID
US58-0321630
Jurisdiction
BEDFORD TOWN
Zoning & alternative use
PZ · Bedford, NH
Zoning PZ · permitted uses
PZ · Bedford, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bedford. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$4.7M
OFFICE BUILDING
Est. value
$7.2M
RESTAURANT
Est. value
$6.7M
AUTO REPAIR, GARAGE
Est. value
$5.0M
INDUSTRIAL (GENERAL)
Est. value
$4.6M
RETAIL STORES
Est. value
$4.2M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
RETAIL STORES
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
1998
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
8
Units
1
Bathrooms
1
Lot
31.46 ac
Current owner
From public records · entity-resolved
Amfp Vi Heritage LLC
Entity
Mailing address
266 KANSAS ST #3500, EL SEGUNDO, CA 90245-4315
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 24, 2024
$81,000,000
Amfp Vi Heritage LLC
Griffin-htge-bedford Nh L
Quit Claim Arm's Length For Ne States
$52,650,000 · Berkeley Point Capital LLC
Apr 17, 2020
$372,000
John T Osborn
Jason C Carima
Warranty Deed
—
Jul 2, 2019
$440,000
Makoto Hirata
Johnson,andrew J & Rebecca D
Warranty Deed
$440,000 · Cmg Fin'l
Aug 31, 2018
$337,000
Kenneth R Lamy
Masters,joanne M
Warranty Deed
—
Mar 3, 2015
$43,500,000
Bre Piper Mf Merrimack Nh LLC
Heritage Merrimack Associates
Quit Claim Deed
related
$37,189,000 · Wells Fargo Bk
Feb 7, 2011
$28,000,000
Merrimack Assoc Heritage
Massachusetts Mutual Life
Grant Deed
—
Nov 19, 2004
$28,350,100
Mass Mutual Life Ins Co
Metropolitan Life Ins Co
Grant Deed
—
Jan 23, 2004
—
Michael J Rositzke
—
Deed Of Trust
related
$23,750 · Banknorth NA
—
—
Langsten Family Trust
—
Deed Of Trust
related
$504,000 · St Marys Bk
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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