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Property profile & analytics
OFF-MARKET
Estimated value
$2,085,000
Showrooms
523 Main St 571 Laconia, NH 03246-3449
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US58-0250785
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1974
Construction
STEEL FRAME
Total area
28,473 SF
Lot
1.2 ac (52,272 SF)
Zoning code
UC
APN
LACO M:442 B:142 L:7
UPID
US58-0250785
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
-
Fit Focus Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.15M
Blend (final)
Blend
$2.09M
Owner & transaction history
Downtown Crossing LLC · 17 yrs held
Downtown Crossing LLC
since 2008
6 recorded transactions
Zoning & alternative use
UC · Laconia, 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 Laconia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Laconia 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
Blend value · Realmo final
$2.09M
Range $1.88M – $2.29M · ±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 2023Property tax & assessments
Tax year 2023
Tax billed
$13,123
Tax year 2023
Assessed value
$943,400
Assessed 2023
Previous assessed
$943,400
+0.0% YoY
Effective rate
1.39%
On assessed value
Assessed land
$110,200
Assessed improvement
$833,200
Applied tax rate
40,180.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1974
Construction
STEEL FRAME
Heating
BASEBOARD
Cooling
YES
Buildings
1
Stories
1
Units
10
Bathrooms
11
Total area
28,473 SF
Lot
1.2 ac (52,272 SF)
Zoning code
UC
APN
LACO M:442 B:142 L:7
UPID
US58-0250785
Jurisdiction
LACONIA CITY
Zoning & alternative use
UC · Laconia, NH
Zoning UC · permitted uses
UC · Laconia, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Laconia. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1974
Construction
STEEL FRAME
Heating
BASEBOARD
Cooling
Yes
Stories
1
Buildings
1
Units
10
Bathrooms
11
Lot
1.2 ac
Current owner
From public records · entity-resolved
Downtown Crossing LLC
Entity
Mailing address
523 MAIN ST, LACONIA, NH 03246-3449
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 7, 2020
—
5623 Real Estate LLC
—
Deed
related
$650,000 · Bank Of Nh
Dec 14, 2017
—
5623 Real Estate LLC
—
Deed
related
$800,000 · Downtown Crossing LLC
Sep 10, 2008
$875,000
Downtown Crossing LLC
Downtown Place LLC
Warranty Deed
$700,000 · Downtown Place
Dec 22, 2004
$650,000
Downtown Pl LLC
Mareld Co INC
Warranty Deed
—
—
—
5623 Real Estate LLC
—
Deed Of Trust
related
$800,000 · Downtown Crossing LLC
—
—
5623 Real Estate LLC
—
Deed Of Trust
related
$650,000 · Bank Of Nh
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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