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Property profile & analytics
OFF-MARKET
Showrooms
388 Standard St Berlin, NH 03570-2331
Individually Owned
27-yr Hold
~
Est. High Equity
Property ID
US58-0383569
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
2014
Construction
FRAME
Total area
1,344 SF
Lot
0.16 ac (7,005 SF)
Zoning code
IB
APN
BELN M:00118 B:000191 L:000000
UPID
US58-0383569
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Rodney R W Fortier · 27 yrs held
Rodney R W Fortier
since 1999
2 recorded transactions
Zoning & alternative use
IB · Berlin, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
INDUSTRIAL/BUSINESS ZONE (IB) Sec. 17-111. Purpose The primary purpose of the Industrial/Business (IB) zoning district is to provide land in appropriate locations for industrial uses which improve employment opportunities and strengthen the economic base of the City. Because these industrial uses may have operational characteristics that are usually incompat…
Zone name
Industrial And Business
General category
INDUSTRIAL
Zone area
2,718.12 ac
Source
ZONING ORDINANCE
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 Berlin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Berlin 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
$1,367
Tax year 2023
Assessed value
$50,800
Assessed 2023
Previous assessed
$50,800
+0.0% YoY
Effective rate
2.69%
On assessed value
Assessed land
$7,100
Assessed improvement
$43,700
Applied tax rate
5,140.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
2014
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
2
Units
1
Bathrooms
3
Total area
1,344 SF
Lot
0.16 ac (7,005 SF)
Zoning code
IB
APN
BELN M:00118 B:000191 L:000000
UPID
US58-0383569
Jurisdiction
BERLIN CITY
Zoning & alternative use
IB · Berlin, NHZoning IB · permitted uses
IB · Berlin, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
INDUSTRIAL/BUSINESS ZONE (IB) Sec. 17-111. Purpose The primary purpose of the Industrial/Business (IB) zoning district is to provide land in appropriate locations for industrial uses which improve employment opportunities and strengthen the economic base of the City. Because these industrial uses may have operational characteristics that are usually incompatible with non-industrial land uses, only a limited number of uses customarily accessory to industry are permitted.
Zone name
Industrial And Business
General category
INDUSTRIAL
Zone area
2,718.12 ac
Source
ZONING ORDINANCE
Building & site characteristics
From public records
Year built
2014
Construction
FRAME
Heating
FORCED AIR
Stories
2
Buildings
1
Units
1
Bathrooms
3
Lot
0.16 ac
Current owner
From public records · entity-resolved
Rodney R W Fortier
Individual
Mailing address
510 NORWAY ST, BERLIN, NH 03570-3110
Ownership since
1999
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 2, 2006
—
Rodney R Fortier
—
Deed Of Trust
related
$41,280 · Woodland Cu
Feb 4, 1999
$18,000
Rodney R W Fortier
Fortier,carmen L
Warranty Deed
related
$18,000 · Zwi Kohorn
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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