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Property profile & analytics
OFF-MARKET
Estimated value
$2,890,000
Commercial real estate
4 Commerce Way, Exeter, NH 03833
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US58-0258680
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2016
Construction
STEEL FRAME
Total area
13,750 SF
Lot
6.14 ac (267,458 SF)
Zoning code
I
APN
EXTR M:048 L:004
UPID
US58-0258680
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
$3.02M
CAP Approach
CAP
$1.97M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.89M
Owner & transaction history
Prime Storage Loudon LLC · 3 yrs held
Prime Storage Loudon LLC
since 2022
Last sale
$2.9M
7 recorded transactions
Zoning & alternative use
I · Exeter, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$3.6M
+59.7%
Retail stores
$3.0M
+31.2%
Office building
$2.7M
+18.9%
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 Exeter submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Exeter 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
$2,760,000
ML approach
$3,015,000
CAP Approach
CAP Return
Estimation
6%
$2,135,000
6.5%
$1,970,000
7%
$1,830,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,270,000
Current use
AUTO REPAIR, GARAGE
$3,625,000
Change: +60% · Conversion: Difficult
RETAIL STORES
$2,975,000
Change: +31% · Conversion: Easy
OFFICE BUILDING
$2,695,000
Change: +19% · Conversion: Easy
Blend value · Realmo final
$2.89M
Range $2.60M – $3.18M · ±10% · vs last sale $2.90M (Sep 30 2022)
Last sale anchor
$2.90M
Sep 30 2022
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
$210 / 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
$30,379
Tax year 2023
Assessed value
$1,134,400
Assessed 2023
Previous assessed
$1,134,400
+0.0% YoY
Effective rate
2.68%
On assessed value
Assessed land
$400,400
Assessed improvement
$734,000
Applied tax rate
25,380.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2016
Construction
STEEL FRAME
Heating
FORCED AIR
Buildings
2
Stories
1
Total area
13,750 SF
Lot
6.14 ac (267,458 SF)
Zoning code
I
APN
EXTR M:048 L:004
UPID
US58-0258680
Jurisdiction
EXETER TOWN
Metro division
ROCKINGHAM COUNTY-STRAFFORD COUNTY, NH METROPOLITAN DIVISION
Zoning & alternative use
I · Exeter, NH
Zoning I · permitted uses
I · Exeter, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Exeter. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$2.3M
AUTO REPAIR, GARAGE
Est. value
$3.6M
RETAIL STORES
Est. value
$3.0M
OFFICE BUILDING
Est. value
$2.7M
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
RETAIL STORES
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
2016
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
1
Buildings
2
Lot
6.14 ac
Current owner
From public records · entity-resolved
Prime Storage Loudon LLC
Entity
Mailing address
4 COMMERCE WAY, EXETER, NH 03833
Ownership since
2022
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
Sep 30, 2022
$2,895,200
Prime Storage Loudon LLC
Store It Now LLC
Warranty Deed
$250,000,000 · Citibank NA
Oct 31, 2019
$2,495,000
Store It Now LLC
Storage King LLC
Warranty Deed
related
$6,220,000 · Pentucket Bk
Jun 1, 2018
—
A Storage King
—
Trustees Deed
related
$500,000 · Provident Bk
Feb 1, 2017
—
A Storage King LLC
—
Deed
related
$122,883 · Provident Bk
May 28, 2010
—
Jss
—
Deed Of Trust
related
$5,000,000 · Bar Harbor Bank & Trust
Nov 5, 2008
—
Jss & Associates
—
Deed Of Trust
related
$3,000,000 · Bar Harbor Bank & Trust
—
—
A Storage King LLC
—
Deed Of Trust
related
$430,000 · Provident Bk
—
—
A Storage King LLC
—
Loan Modification
related
—
—
—
A Storage King LLC
—
Loan Modification
related
$122,883 · Provident 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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