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    Property profile & analytics

    40 Lk Ave Manchester, NH 03101-2406

    • Hotels
    • 83,550 SF
    • 0.86 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US58-0314893
    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

    • Residence Inn Manchester Downtown / Hotel / Business To Business Service

    Property Details for 40 Lk Ave

    Year built
    2020
    Construction
    FRAME
    Lot size
    0.86 lot acres
    Property size
    83,550 SF
    Property type
    Hotels
    APN
    MNCH M:0168 B:000 L:0013
    APU
    MNCHM0168B000L0013

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Manchester
    County
    Hillsborough
    State
    New Hampshire
    Longitude
    -71.4615
    Latitude
    42.9875
    CBSA code
    31700
    CBSA name
    MANCHESTER-NASHUA, 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
    $213,126
    $580,600
    $10,719,800
    $11,300,400
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      81,374 SF

      101 Commercial St

      HOTEL-RESORT • 81,374 SF
      101 Commercial St, Manchester, NH 03101-2610
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    • Value Estimation by Request
      54,743 SF

      650 Elm St

      HOTEL-RESORT • 54,743 SF
      650 Elm St, Manchester, NH 03101-2596
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    • Value Estimation by Request
      0.02 Acres

      103 Manchester St

      PARKING LOT • 0.02 Acres
      103 Manchester St, Manchester, NH 03101
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      162,166 SF

      250 Bedford St

      CHARITABLE ORGANIZATION • 162,166 SF
      250 Bedford St, Manchester, NH 03101
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    • Value Estimation by Request
      31,688 SF

      997 Elm St

      OFFICE BUILDING • 31,688 SF
      997 Elm St, Manchester, NH 03101-1807
      View Details
    • Value Estimation by Request
      17,300 SF

      1243 Elm St

      CHARITABLE ORGANIZATION • 17,300 SF
      1243 Elm St, Manchester, NH 03101
      View Details

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    Similar Nearby for Lease

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      Downtown Retail Space for Lease

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      Prime Office Space in Manchester

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    Property Visit Statistics

    • Visits by month
      12.3k
    • Visitors by month
      3.6k
    • Avg Time on site
      429 min
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    40 Lk Ave
    Manchester, NH 03101-2406
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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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