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Property profile & analytics
FOR LEASE
Warehouses
48 Powers St, Milford, NH 03055
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US58-0113652
For Lease
1 / 120
$10 SF/Yr
48 Powers St, Milford, NH 03055
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Property summary
AI-generated overview
This exceptional 31,625-square-foot industrial property in Milford, New Hampshire, is available for lease starting May 2025. The freestanding building, constructed in 1970 and renovated in 2021, offers a blend of warehouse and office space ideal for a variety of businesses. The warehouse area totals approximately 19,650 square feet, featuring varying ceiling heights from 7 to 18 feet, with column spacing of 30' x 39'. Loading capabilities include three 8'x8'x4' loading docks and one 12'x10' drive-in. The building also boasts ample office space, with 9,935 square feet distributed across two floors. The first floor comprises approximately 3,720 square feet, including seven offices, a conference room, breakroom, and three bathrooms. The second floor offers approximately 6,215 square feet, featuring twenty offices, two conference rooms, a bathroom, a photo room, and two breakrooms. The property sits on three acres of industrially zoned land near Milford Oval and offers 30 parking spaces. Utilities include municipal water and sewer, natural gas heating, and 480V, 3-phase power. The entire building is fully air-conditioned. This well-maintained property presents a unique opportunity for businesses seeking a versatile and functional space in a convenient location. The property is zoned INDUSTRIAL.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1970
Construction
STEEL FRAME
Total area
25,410 SF
Lot
3 ac (130,680 SF)
Zoning code
I
APN
MFRD M:43 B:39
UPID
US58-0113652
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
-
Yankee Toy Box, LLC Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.41M
Blend (final)
Blend
$2.03M
Owner & transaction history
Omnitrix Holdings LLC · 11 yrs held
Omnitrix Holdings LLC
since 2014
5 recorded transactions
Zoning & alternative use
I · Milford, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$3.0M
+25.6%
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 Milford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Milford 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,420,000
Current use
INDUSTRIAL (GENERAL)
$3,040,000
Change: +26% · Conversion: Easy
Blend value · Realmo final
$2.03M
Range $1.82M – $2.23M · ±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
$80 / 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
$38,993
Tax year 2023
Assessed value
$1,758,800
Assessed 2023
Previous assessed
$1,758,800
+0.0% YoY
Effective rate
2.22%
On assessed value
Assessed land
$282,400
Assessed improvement
$1,476,400
Applied tax rate
48,020.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
1970
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Total area
25,410 SF
Lot
3 ac (130,680 SF)
Zoning code
I
APN
MFRD M:43 B:39
UPID
US58-0113652
Jurisdiction
MILFORD TOWN
Zoning & alternative use
I · Milford, NH
Zoning I · permitted uses
I · Milford, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Milford. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$2.4M
INDUSTRIAL (GENERAL)
Est. value
$3.0M
WAREHOUSE, STORAGE Current
INDUSTRIAL (GENERAL)
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
1970
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Lot
3 ac
Current owner
From public records · entity-resolved
Omnitrix Holdings LLC
Entity
Mailing address
48 POWERS ST, MILFORD, NH 03055-4927
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 12, 2018
—
Omnitrix Holdings LLC
—
Deed
related
$1,500,000 · Bank Of America
Jul 5, 2017
—
Omnitrix Holdings LLC
—
Deed
related
$1,400,000 · Bank Of America
Sep 15, 2014
$1,475,000
Omnitrix Holdings LLC
Square Props
Warranty Deed
$1,390,500 · Bank Of America
—
—
Omnitrix Holdings LLC
—
Deed Of Trust
related
$1,400,000 · Bank Of America
—
—
Omnitrix Holdings LLC
—
Deed Of Trust
related
$1,500,000 · Bank Of America
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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