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Property profile & analytics
OFF-MARKET
Estimated value
$695,000
Office buildings
6 Garvins Fls Rd Concord, NH 03301-5177
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US58-0675916
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1985
Construction
FRAME
Total area
5,340 SF
Lot
1.08 ac (47,045 SF)
Zoning code
CH
APN
CNCD M:781Z B:22
UPID
US58-0675916
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
-
Radie-Coffin, Callaghan & Mindlin, PC Law Firm
-
Joyce Karnis Physician
-
S Audet Independent Insurance Insurance Agency
-
Lehmann Major List, PLLC Law Firm
-
Mike Visconti Business To Business Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$706k
Blend (final)
Blend
$695k
Owner & transaction history
Insurance Agents Services INC · 9 yrs held
Insurance Agents Services INC
since 2016
4 recorded transactions
Zoning & alternative use
CH · Concord, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The Highway Commercial (CH) District is established to provide for a mixture of uses including retail, office, restaurant, and service uses, as well as motor vehicle sales and repair uses, serving a city-wide or regional market, located along arterial and collector roads and in proximity to limited access highways, and with municipal utility services fully a…
Zone name
Highway Commercial District
General category
COMMERCIAL
Zone area
114.62 ac
Source
Realmo
Top alternative use upside
Auto repair, garage
$1.1M
+53.5%
Commercial (general)
$820,000
+13.8%
Retail stores
$805,000
+12.1%
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 Concord submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Concord 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
OFFICE BUILDING
$720,000
Current use
AUTO REPAIR, GARAGE
$1,105,000
Change: +54% · Conversion: Difficult
COMMERCIAL (GENERAL)
$820,000
Change: +14% · Conversion: Easy
RETAIL STORES
$805,000
Change: +12% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$755,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$695k
Range $626k – $765k · ±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
$130 / 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
$17,765
Tax year 2023
Assessed value
$661,400
Assessed 2023
Previous assessed
$661,400
+0.0% YoY
Effective rate
2.69%
On assessed value
Assessed land
$123,000
Assessed improvement
$538,400
Applied tax rate
14,200.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1985
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
5
Bathrooms
3
Total area
5,340 SF
Lot
1.08 ac (47,045 SF)
Zoning code
CH
APN
CNCD M:781Z B:22
UPID
US58-0675916
Jurisdiction
CONCORD CITY
Zoning & alternative use
CH · Concord, NHZoning CH · permitted uses
CH · Concord, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The Highway Commercial (CH) District is established to provide for a mixture of uses including retail, office, restaurant, and service uses, as well as motor vehicle sales and repair uses, serving a city-wide or regional market, located along arterial and collector roads and in proximity to limited access highways, and with municipal utility services fully available. Appearances from the street, and buffering and screening for adjacent neighborhoods are of concern for development in this District.
Zone name
Highway Commercial District
General category
COMMERCIAL
Zone area
114.62 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$720,000
AUTO REPAIR, GARAGE
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$820,000
RETAIL STORES
Est. value
$805,000
INDUSTRIAL (GENERAL)
Est. value
$755,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
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
1985
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
5
Bathrooms
3
Lot
1.08 ac
Current owner
From public records · entity-resolved
Insurance Agents Services INC
Entity
Mailing address
6 GARVINS FLS RD, CONCORD, NH 03301-5177
Ownership since
2016
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
Aug 1, 2016
$625,000
Insurance Agents Services INC
Caddis River Realty LLC
Warranty Deed
$500,000 · Passumpsic Svgs Bk/nh
Jun 27, 2013
—
Caddis River Rlty LLC
—
Deed Of Trust
related
$632,000 · Northway Bank
Aug 23, 2010
—
Caddis River Realty LLC
—
Deed Of Trust
related
$40,000 · Lake Sunapee Bank Nh
Aug 1, 2003
$620,000
Caddis River Realty
Sha Realty
Warranty Deed
$496,000 · Merrimack County Savings 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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