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Property profile & analytics
OFF-MARKET
Estimated value
$2,230,000
Industrial properties
4 Ctr St, Merrimack, NH 03054-3490
Entity Owned
4-yr Hold
Free & Clear
Property ID
US58-0707240
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2001
Construction
STEEL FRAME
Total area
21,946 SF
Lot
4.26 ac (185,348 SF)
Zoning code
RESIDE
APN
MRMK M:05D-2 L:00C002 S:000004
UPID
US58-0707240
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
-
Build Outdoor Online Training Center Tutoring Service
-
StoneMakers Corporation Construction Company General Contractor
-
Panel Masonry General Contractor
-
Stonemakers Dealer Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.17M
CAP Approach
CAP
$2.90M
Comparable Approach
Comparable
$2.56M
Blend (final)
Blend
$2.23M
Owner & transaction history
Venair INC · 4 yrs held
Venair INC
since 2021
Last sale
$1.7M
4 recorded transactions
Zoning & alternative use
RESIDE · Merrimack, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$3.6M
+36.7%
Commercial (general)
$3.5M
+34.2%
Office building
$3.3M
+24.1%
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 Merrimack submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Merrimack 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
$2,295,000
ML approach
$2,170,000
CAP Approach
CAP Return
Estimation
6%
$3,135,000
6.5%
$2,895,000
7%
$2,690,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,625,000
Current use
RETAIL STORES
$3,590,000
Change: +37% · Conversion: Moderate
COMMERCIAL (GENERAL)
$3,520,000
Change: +34% · Conversion: Difficult
OFFICE BUILDING
$3,260,000
Change: +24% · Conversion: Difficult
Blend value · Realmo final
$2.23M
Range $2.01M – $2.45M · ±10% · vs last sale $1.73M (Aug 5 2021)
Last sale anchor
$1.73M
Aug 5 2021
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
$102 / 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
$25,470
Tax year 2023
Assessed value
$1,309,500
Assessed 2023
Previous assessed
$1,709,400
-23.4% YoY
Effective rate
1.95%
On assessed value
Assessed land
$325,000
Assessed improvement
$984,500
Applied tax rate
47,540.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2001
Construction
STEEL FRAME
Heating
FORCED AIR
Buildings
1
Stories
1
Units
1
Bathrooms
4
Total area
21,946 SF
Lot
4.26 ac (185,348 SF)
Zoning code
RESIDE
APN
MRMK M:05D-2 L:00C002 S:000004
UPID
US58-0707240
Jurisdiction
MERRIMACK TOWN
Zoning & alternative use
RESIDE · Merrimack, NH
Zoning RESIDE · permitted uses
RESIDE · Merrimack, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Merrimack. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$2.6M
RETAIL STORES
Est. value
$3.6M
COMMERCIAL (GENERAL)
Est. value
$3.5M
OFFICE BUILDING
Est. value
$3.3M
INDUSTRIAL (GENERAL) Current
RETAIL STORES
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
2001
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
1
Buildings
1
Units
1
Bathrooms
4
Lot
4.26 ac
Current owner
From public records · entity-resolved
Venair INC
Entity
Free & Clear · 4 yrs held
Mailing address
16713 PARK CTR BLVD, MIAMI GARDENS, FL 33169-5300
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 5, 2021
$1,730,000
Venair INC
Centermack LLC
Warranty Deed
—
Aug 12, 2015
$1,200,000
Centermack LLC
Ems Properties LLC
Warranty Deed
$964,000 · St Marys Bk
Aug 15, 2008
$1,290,000
Ems Properties LLC
Haights Cross Operating
Grant Deed
$1,268,000 · Sovereign Bank
Dec 3, 2004
$1,600,000
Options Publishing LLC
Merrimack M&r Realty
Warranty Deed
—
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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