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    Property profile & analytics

    40 Concord Rd, Unit 1 Lee, NH 03861-6628

    • Commercial real estate
    • 8,000 SF
    OFF-MARKET
    Value Estimation
    $525,000
    Last Sale
    Jan 20, 2023
    $665,000
    Location Intelligence
    Property ID
    US58-0582321
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Friendly Pets / Pet Store / Pet Supply Store
    • Friend Lee Pets Dog Park / Park / Tourist Attraction
    • Choice Mammography / Doctor
    • Breast Center of New England / Mammography Service
    • Seacoast Dock Dogs / School

    Property Details for 40 Concord Rd

    Year built
    2011
    Property size
    8,000 SF
    Zone code
    COMM
    Property type
    Commercial real estate
    APN
    LLEE M:00007 B:000004 L:000001
    APU
    LLEEM00007B000004L000001

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $515,000

    • CAP approach

      CAP return
      Estimation
      6%
      $625,000
      6.5%
      $580,000
      7%
      $595,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $520,000
      Geo Method
      $635,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $570,000
      Retail
      $465,000
      Mixed-Use
      $560,000
      Hospitality
      $545,000
      Educational
      $625,000
      Residential Income
      $470,000
      Energy
      $465,000
      Income-Based Land
      $595,000
      Food Service
      $610,000

    Location Insight

    • Map
    • Local Demand
    City
    Lee
    County
    Strafford
    State
    New Hampshire
    Longitude
    -71.0098
    Latitude
    43.1481
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $16,184
    $0.00
    $684,900
    $684,900
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      150,000 SF

      23 Noble Farm Dr

      SHOW ROOM, WAREHOUSE • 150,000 SF
      23 Noble Farm Dr, Lee, NH 03861
      View Details
    • Value Estimation by Request
      3,156 SF

      145 Calef Hwy

      SHOW ROOM, WAREHOUSE • 3,156 SF
      145 Calef Hwy, Lee, NH 03861
      View Details
    • Value Estimation by Request
      6,835 SF

      10 Calef Hwy

      SHOW ROOM, WAREHOUSE • 6,835 SF
      10 Calef Hwy, Lee, NH 03861-6700
      View Details
    • Value Estimation by Request
      5,736 SF

      2 Concord Rd

      COMMERCIAL (GENERAL) • 5,736 SF
      2 Concord Rd, Lee, NH 03861-6628
      View Details
    • Value Estimation
      $680,000
      2,450 SF

      118 Calef Hwy

      SHOW ROOM, WAREHOUSE • 2,450 SF
      118 Calef Hwy, Lee, NH 03861-6600
      View Details
    • Value Estimation
      $1,260,000
      920 SF

      380 Calef Hwy

      COMMERCIAL (GENERAL) • 920 SF
      380 Calef Hwy, Lee, NH 03861-6345
      View Details

    Similar Nearby for Sale

    • $149,000
      6.60 Acres

      Lee, NH Commercial Land - $149K

      6.6 Acres, High Visibility, Dual Zoning
      0 Nh-152, Lee, NH 03861
      View Details
    • $289,900

      Land For Sale

      Land available for purchase.
      9 Chestnut Way, Lee, NH 03861
      View Details
    • $2,150,000

      85.92 Acre Land Parcel

      Large land parcel with residential zoning and resource potential.
      Rear Wadleigh Fls Rd, Lee, NH 03861
      View Details
    • $399,000
      10.40 Acres

      Commercial Land For Sale

      Commercial land with high visibility in Lee, New Hampshire.
      67 Concord Rd, Lee, NH 03861
      View Details
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    40 Concord Rd, Unit 1
    Lee, NH 03861-6628
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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