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Property profile & analytics
OFF-MARKET
Estimated value
$2,740,000
Retail properties & Spaces
4 Cobbetts Pond Rd Windham, NH 03087-1946
Individually Owned
27-yr Hold
~
Est. High Equity
Property ID
US58-0199037
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
1978
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
18,187 SF
Lot
8.6 ac (374,616 SF)
Zoning code
MZ
APN
WNDM M:21 B:D L:107
UPID
US58-0199037
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
-
Windham Learning Tree Academy High School Daycare Center
-
DJ's Custom Clothing Textile Manufacturer Factory
-
Windham Barbershop LLC Barber Shop
-
B & H Oil Co Gas Station
-
Li's Asian Gourmet Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.82M
Blend (final)
Blend
$2.74M
Owner & transaction history
Plaza T Windham · 27 yrs held
Plaza T Windham
since 1998
5 recorded transactions
Zoning & alternative use
MZ · Windham, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zone name
Multi Zone Parcels
General category
UNKNOWN
Zone area
241.93 ac
Source
Realmo
Top alternative use upside
Commercial (general)
$4.2M
+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 Windham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Windham 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$3,940,000
Current use
COMMERCIAL (GENERAL)
$4,195,000
Change: +7% · Conversion: Easy
OFFICE BUILDING
$3,430,000
Change: -13% · Conversion: Easy
Blend value · Realmo final
$2.74M
Range $2.47M – $3.01M · ±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
$151 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$67,071
Tax year 2022
Assessed value
$3,394,300
Assessed 2022
Previous assessed
$3,394,300
+0.0% YoY
Effective rate
1.98%
On assessed value
Assessed land
$1,236,600
Assessed improvement
$2,157,700
Applied tax rate
85,780.0000
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
Retail properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
1978
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
1
Units
4
Bathrooms
6
Total area
18,187 SF
Lot
8.6 ac (374,616 SF)
Zoning code
MZ
APN
WNDM M:21 B:D L:107
UPID
US58-0199037
Jurisdiction
WINDHAM TOWN
Metro division
ROCKINGHAM COUNTY-STRAFFORD COUNTY, NH METROPOLITAN DIVISION
Zoning & alternative use
MZ · Windham, NHZoning MZ · permitted uses
MZ · Windham, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zone name
Multi Zone Parcels
General category
UNKNOWN
Zone area
241.93 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$3.9M
COMMERCIAL (GENERAL)
Est. value
$4.2M
OFFICE BUILDING
Est. value
$3.4M
RETAIL STORES Current
COMMERCIAL (GENERAL)
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
1978
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Units
4
Bathrooms
6
Lot
8.6 ac
Current owner
From public records · entity-resolved
Plaza T Windham
Individual
Mailing address
PO BOX 276, NORTH SALEM, NH 03073-0276
Ownership since
1998
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
Aug 27, 2010
—
Plaza T Windham
—
Deed Of Trust
related
$2,450,000 · Enterprise Bank & Trust
Jan 7, 2010
—
Plaza T Windham
—
Deed Of Trust
related
$495,000 · Enterprise Bank & Trust
Apr 20, 2007
—
Debra J Sugrue
—
Deed Of Trust
related
$343,675 · Quicken Loans INC
Feb 20, 2007
—
Plaza T Windham
—
Deed Of Trust
related
$1,985,000 · Enterprise Bank & Trust
Dec 1, 1998
$475,000
Plaza T Windham
Gavras,haralambos P
Warranty Deed
$425,000 · Southern Nh Bank & Trust
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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