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Property profile & analytics
OFF-MARKET
Estimated value
$2,770,000
Showrooms
40 Concord Rd Lee, NH 03861-6628
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US58-0183294
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
2011
Total area
16,582 SF
Lot
8.48 ac (369,519 SF)
Zoning code
COMM
APN
LLEE M:00007 B:000004 L:000000
UPID
US58-0183294
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
-
Friendly Pets (Bike/Boat/Book/etc) Store Pet Store & Service
-
Friend Lee Pets Dog Park Park Tourist Attraction
-
Choice Mammography Physician
-
Breast Center of New England Mammography Service
-
Seacoast Dock Dogs High School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.59M
Blend (final)
Blend
$2.77M
Owner & transaction history
Carpe Diem Invs LLC · 3 yrs held
Carpe Diem Invs LLC
since 2023
6 recorded transactions
Zoning & alternative use
COMM · Lee, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Lee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lee 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
Blend value · Realmo final
$2.77M
Range $2.49M – $3.05M · ±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
$167 / 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 2015Property tax & assessments
Tax year 2015
Tax billed
$41,462
Tax year 2015
Applied tax rate
41,460.0000
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
2011
Heating
FORCED AIR
Cooling
YES
Stories
1
Bathrooms
2
Total area
16,582 SF
Lot
8.48 ac (369,519 SF)
Zoning code
COMM
APN
LLEE M:00007 B:000004 L:000000
UPID
US58-0183294
Jurisdiction
LEE TOWN
Metro division
ROCKINGHAM COUNTY-STRAFFORD COUNTY, NH METROPOLITAN DIVISION
Zoning & alternative use
COMM · Lee, NHZoning COMM · permitted uses
COMM · Lee, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2011
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
2
Lot
8.48 ac
Current owner
From public records · entity-resolved
Carpe Diem Invs LLC
Entity
Mailing address
438 CMNS DR, BRIDGTON, ME 04009-4445
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 27, 2023
—
Wilf Huskies Unlimited
—
Deed
related
$294,000 · Granite State Economic Development Corp
Jan 20, 2023
$665,000
Carpe Diem Invs LLC
Okeefe-martin Auctions Pr
Warranty Deed
$662,000 · Bangor Savings Bank
Jun 29, 2018
$650,000
Okeefe Martin Auctions Ptshp
Gtm Investments LLC
Warranty Deed
$100,000 · Gtm Investments LLC
Sep 15, 2015
$775,000
Summit Realty Of Lee LLC
Gtm Investments LLC
Grant Deed
$387,500 · Bank Of Nh
Feb 23, 2012
—
Gtm Investments LLC
—
Deed Of Trust
related
$712,500 · Salem Five Cents Savings Bank
Mar 2, 2011
$250,000
Gtm Investments LLC
Campbell,wayne P
Warranty Deed
$290,000 · 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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