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Property profile & analytics
OFF-MARKET
Estimated value
$1,055,000
Showrooms
49 Hancock St Manchester, NH 03101-2818
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US58-0698678
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1970
Construction
FRAME
Total area
10,488 SF
Lot
0.39 ac (17,061 SF)
APN
MNCH M:0708 B:000 L:0019
UPID
US58-0698678
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
-
All Bright Janitorial Services (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.03M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$996k
Blend (final)
Blend
$1.06M
Owner & transaction history
Hancock Real Estate LLC · 3 yrs held
Hancock Real Estate LLC
since 2022
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.8M
+6.5%
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 Manchester submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Manchester 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
$1,045,000
ML approach
$1,030,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,645,000
Current use
AUTO REPAIR, GARAGE
$1,755,000
Change: +7% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,605,000
Change: -3% · Conversion: Moderate
RETAIL STORES
$1,480,000
Change: -10% · Conversion: Easy
Blend value · Realmo final
$1.06M
Range $950k – $1.16M · ±10% · vs last sale $1.10M (Oct 21 2022)
Last sale anchor
$1.10M
Oct 21 2022
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
$101 / 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
$9,747
Tax year 2023
Assessed value
$516,800
Assessed 2023
Previous assessed
$516,800
+0.0% YoY
Effective rate
1.89%
On assessed value
Assessed land
$121,200
Assessed improvement
$395,600
Applied tax rate
45,140.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Lease
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
1970
Construction
FRAME
Heating
HOT WATER
Buildings
1
Stories
3
Units
2
Total area
10,488 SF
Lot
0.39 ac (17,061 SF)
APN
MNCH M:0708 B:000 L:0019
UPID
US58-0698678
Jurisdiction
MANCHESTER CITY
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.6M
AUTO REPAIR, GARAGE
Est. value
$1.8M
INDUSTRIAL (GENERAL)
Est. value
$1.6M
RETAIL STORES
Est. value
$1.5M
COMMERCIAL (GENERAL) Current
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
1970
Construction
FRAME
Heating
HOT WATER
Stories
3
Buildings
1
Units
2
Lot
0.39 ac
Current owner
From public records · entity-resolved
Hancock Real Estate LLC
Entity
Mailing address
49 HANCOCK ST, MANCHESTER, NH 03101-2818
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 21, 2022
$1,100,000
Hancock Real Estate LLC
49 Hancock St LLC
Warranty Deed
$880,000 · Salem Five Cents Savings Bank
Jun 26, 2020
$2,100,000
276 Abby Road LLC
276 Abby Road Realty LLC
Warranty Deed
related
$1,157,000 · People's United Bk
Sep 21, 2018
—
Page One LLC
Dion,michael
Quit Claim Deed
related
—
Oct 28, 2013
—
49 Hancock Street LLC
—
Deed Of Trust
related
$2,775,000 · Peoples Bank
Aug 22, 2012
—
49 Hancock Street LLC
—
Deed Of Trust
related
$250,000 · Peoples Bank
Dec 5, 2011
—
Metro North LLC
—
Deed Of Trust
related
$100,000 · Michael W Dion
Jul 8, 2004
$225,000
49 Hancock St LLC
B A Roy Steel Erectors
Warranty Deed
$228,000 · Fleet National Bank
—
—
49 Hancock Street LLC
—
Loan Modification
related
$3,925,000 · Ocean 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.
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