Property profile

41 Park St Hanover, NH 03755

OFF-MARKET
Showrooms
Property ID
US58-0360262
4,436 SF 0.37 ac lot Built 1940
Entity Owned 9-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1940
Construction FRAME
Total area 4,436 SF
Lot 0.37 ac (15,912 SF)
Zoning code RO
APN HNOV M:034 B:109 L:001
UPID US58-0360262

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Law Firm
  • Law Firm
  • Insurance Agency
  • Financial Advisor Insurance Agency
  • Medical Clinic

Location

41 Park St Hanover, NH 03755-2109
Hanover metro Census 961604 LEBANON, NH-VT MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$685k
CAP Approach CAP
$705k
Comparable Approach Comparable
$653k
Blend (final) Blend
$685k

Owner & transaction history

since 2016
2 recorded transactions
2021
Price N/A
2016
$1.0M

Zoning & alternative use

RO · Hanover, NH
Zoning description

705.3 In the RO, GR, and SR districts, 600 square feet o f space is allowed for a garage in addition to the allowance of 25% of the gross floor area of the principal building, whether or not the garage structure is attac…

General category MIXED_USE
Top alternative use upside
Office building $900,000 +56.2%
Retail stores $735,000 +27.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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