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Property profile & analytics
FOR LEASE
Banks
44 S Main St, Hanover, NH 03755
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US58-0106606
No photos on file
For Lease
$27 SF/Yr
44 S Main St, Hanover, NH 03755
View Listing →
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1900
Construction
CONCRETE
Total area
23,713 SF
Lot
0.32 ac (13,890 SF)
Zoning code
D1
APN
HNOV M:034 B:022 L:001
UPID
US58-0106606
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.15M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.31M
Blend (final)
Blend
$1.73M
Owner & transaction history
Jaymark Properties LP · 6 yrs held
Jaymark Properties LP
since 2019
4 recorded transactions
Zoning & alternative use
D1 · Hanover, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Hanover submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hanover 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
by Request
ML approach
$1,145,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
FINANCIAL BUILDING
$2,450,000
Current use
RESTAURANT
$2,410,000
Change: -2% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,350,000
Change: -4% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$2,075,000
Change: -15% · Conversion: Difficult
RETAIL STORES
$2,005,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$1.73M
Range $1.55M – $1.90M · ±10%
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
$73 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$91,160
Tax year 2022
Assessed value
$5,124,200
Assessed 2022
Previous assessed
$5,124,200
+0.0% YoY
Effective rate
1.78%
On assessed value
Assessed land
$1,385,100
Assessed improvement
$3,739,100
Applied tax rate
33,860.0000
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
Banks
Use group
FINANCIAL BUILDING
Status
For Lease
Year built
1900
Construction
CONCRETE
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
2
Units
1
Total area
23,713 SF
Lot
0.32 ac (13,890 SF)
Zoning code
D1
APN
HNOV M:034 B:022 L:001
UPID
US58-0106606
Jurisdiction
HANOVER TOWN
Zoning & alternative use
D1 · Hanover, NH
Zoning D1 · permitted uses
D1 · Hanover, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hanover. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
FINANCIAL BUILDING Current
Est. value
$2.5M
RESTAURANT
Est. value
$2.4M
AUTO REPAIR, GARAGE
Est. value
$2.4M
INDUSTRIAL (GENERAL)
Est. value
$2.1M
RETAIL STORES
Est. value
$2.0M
FINANCIAL BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
RETAIL STORES
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
1900
Construction
CONCRETE
Heating
HOT WATER
Cooling
Yes
Stories
2
Buildings
1
Units
1
Lot
0.32 ac
Current owner
From public records · entity-resolved
Jaymark Properties LP
Entity
Free & Clear · 6 yrs held
Mailing address
44 S MAIN ST, HANOVER, NH 03755-2099
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
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
Dec 12, 2019
$1,480,533
Jaymark Properties LP
Campion-corcoran D M Trust
Warranty Deed
—
Nov 27, 2017
—
Jaymark Properties LP
—
Deed
related
$2,000,000 · Mascoma Svgs Bk
Dec 7, 2010
—
Jaymark Properties LP
—
Deed Of Trust
related
$1,000,000 · Rbs Citizens Bank NA
—
—
Jaymark Properties LP
—
Deed Of Trust
related
$2,000,000 · Mascoma Svgs Bk
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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