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Property profile & analytics
OFF-MARKET
Estimated value
$1,125,000
Showrooms
406 Central St, Franklin, NH 03235-1777
Entity Owned
~
Est. High Equity
Property ID
US58-0674616
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1920
Construction
FRAME
Total area
10,911 SF
Lot
0.17 ac (7,405 SF)
Zoning code
B2
APN
FRKN M:117 B:156 L:
UPID
US58-0674616
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
-
Granite State Hedgehogs Pet Adoption Service Animal Shelter
-
Greater Franklin-Tilton Chamber Business Service Center Advocacy Group
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.07M
CAP Approach
CAP
$1.51M
Comparable Approach
Comparable
$933k
Blend (final)
Blend
$1.13M
Owner & transaction history
Abundantia Properties LLC
Abundantia Properties LLC
since 2025
Last sale
$1.4M
4 recorded transactions
Zoning & alternative use
B2 · Franklin, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.6M
+9.1%
Industrial (general)
$1.5M
+5.3%
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 Franklin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Franklin 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
$1,080,000
ML approach
$1,065,000
CAP Approach
CAP Return
Estimation
6%
$1,630,000
6.5%
$1,505,000
7%
$1,400,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,460,000
Current use
RETAIL STORES
$1,595,000
Change: +9% · Conversion: Easy
INDUSTRIAL (GENERAL)
$1,540,000
Change: +5% · Conversion: Moderate
OFFICE BUILDING
$1,445,000
Change: -1% · Conversion: Easy
Blend value · Realmo final
$1.13M
Range $1.01M – $1.24M · ±10% · vs last sale $1.38M (Jul 29 2025)
Last sale anchor
$1.38M
Jul 29 2025
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
$103 / 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
$10,644
Tax year 2023
Assessed value
$654,600
Assessed 2023
Previous assessed
$506,500
+29.2% YoY
Effective rate
1.63%
On assessed value
Assessed land
$99,100
Assessed improvement
$555,500
Applied tax rate
27,380.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
1920
Construction
FRAME
Heating
HOT WATER
Buildings
1
Stories
3
Units
11
Bathrooms
11
Total area
10,911 SF
Lot
0.17 ac (7,405 SF)
Zoning code
B2
APN
FRKN M:117 B:156 L:
UPID
US58-0674616
Jurisdiction
FRANKLIN CITY
Zoning & alternative use
B2 · Franklin, NH
Zoning B2 · permitted uses
B2 · Franklin, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Franklin. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.5M
RETAIL STORES
Est. value
$1.6M
INDUSTRIAL (GENERAL)
Est. value
$1.5M
OFFICE BUILDING
Est. value
$1.4M
COMMERCIAL (GENERAL) Current
RETAIL STORES
INDUSTRIAL (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
1920
Construction
FRAME
Heating
HOT WATER
Stories
3
Buildings
1
Units
11
Bathrooms
11
Lot
0.17 ac
Current owner
From public records · entity-resolved
Abundantia Properties LLC
Entity
Mailing address
37 PLAISTOW RD #204, PLAISTOW, NH 03865-2837
Ownership since
2025
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
Oct 29, 2025
$1,375,000
Abundantia Properties LLC
Black Bear Inv Tllc
Warranty Deed
$870,000 · Rockland Trust Co
Oct 29, 2020
$675,000
Black Bear Invs Trust LLC
Ifa Realty Hldgs Franklin LLC
Warranty Deed
$540,000 · Franklin Svgs Bk
Jul 31, 2018
$600,000
Ifa Realty Holding-franklin Ll
Franklin Falls Mill LLC
Warranty Deed
related
—
Feb 27, 2007
$500,000
Franklin Falls Mill LLC
Marino,francis E
Warranty Deed
related
$400,000 · Franklin Savings Bank Nh
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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