Financial
Distress signals
Property profile

428 Main St New London, NH 03257

OFF-MARKET
Other commercial real estate
Property ID
US58-0195756
1,966 SF 0.35 ac lot Built 1830
Last sale Mar 2003 · $485,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 23-yr Hold Held for 23 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

428 Main Street is a multi-unit commercial building in New London containing approximately 5,000+ square feet of finished space organized into 13 separate units. The flexible interior layout is configured to support a variety of commercial uses, including retail, office, spa/wellness, and professional services, and can accommodate both multiple tenants and owner-occupancy. The building is located on Main Street directly across from the Town Green.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$11k
Tax billed · 2023
Assessed value$1.01M
Assessed land$270k
Assessed improvement$735k
Effective rate1.08%

Value estimate

· Sep 2026
$290k
$261k – $319k
AI approach$320k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$142/SF
County average, outlier-cleaned · 222 recorded sales of this use type
Observed band · Q1–Q3$73 – $240
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
COMMER
JurisdictionNEW LONDON TOWN

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service9.2
Wholesale Shop9.0
Furniture Store8.6

Location

428 Main St New London, NH 03257
County assessor Recorded deeds · 1 transfer 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
11 Pleasant, New London, NH 03257 $1,150,000 Dec 2025 6,827 SF
728 King Hl, New London, NH 03257 $350,000 Jan 2023 4,065 SF
22 Pleasant, New London, NH 03257 $270,000 Nov 2022 1,818 SF
420 Main, New London, NH 03257 $450,000 Oct 2020 6,337 SF
406 Main, New London, NH 03257 $300,000 Sep 2020 3,039 SF
256 Main, New London, NH 03257 $385,000 Apr 2019 2,418 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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