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Property profile & analytics
OFF-MARKET
Estimated value
$1,900,000
Retail space
6 Martin St Derry, NH 03038-2311
Individually Owned
29-yr Hold
Free & Clear
Property ID
US58-0021981
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1950
Construction
FRAME
Total area
19,214 SF
Lot
0.43 ac (18,731 SF)
Zoning code
CBD
APN
DERY M:30 B:45
UPID
US58-0021981
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
-
Benson Ski & Sport (Bike/Boat/Book/etc) Store
-
Benson Lumber & Hardware Building Supply Hardware & Home Improvement
-
Benjamin Moore Hardware & Home Improvement Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.26M
Blend (final)
Blend
$1.90M
Owner & transaction history
Rod Assocs Derry · 29 yrs held
Rod Assocs Derry
since 1997
5 recorded transactions
Zoning & alternative use
CBD · Derry, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district is established for the purpose of encouraging appropriate uses to occur within an area of the community where the predominant character has been and will continue to be historical, municipal, cultural, residential, and commercial
Zone name
Central Business District
General category
COMMERCIAL
Zone area
106.01 ac
Source
Realmo
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 Derry submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Derry 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
$1.90M
Range $1.71M – $2.09M · ±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
$99 / 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
$23,031
Tax year 2023
Assessed value
$1,113,700
Assessed 2023
Previous assessed
$1,113,700
+0.0% YoY
Effective rate
2.07%
On assessed value
Assessed land
$123,700
Assessed improvement
$990,000
Applied tax rate
17,940.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1950
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
2
Total area
19,214 SF
Lot
0.43 ac (18,731 SF)
Zoning code
CBD
APN
DERY M:30 B:45
UPID
US58-0021981
Jurisdiction
DERRY TOWN
Metro division
ROCKINGHAM COUNTY-STRAFFORD COUNTY, NH METROPOLITAN DIVISION
Zoning & alternative use
CBD · Derry, NHZoning CBD · permitted uses
CBD · Derry, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This district is established for the purpose of encouraging appropriate uses to occur within an area of the community where the predominant character has been and will continue to be historical, municipal, cultural, residential, and commercial
Zone name
Central Business District
General category
COMMERCIAL
Zone area
106.01 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1950
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
2
Lot
0.43 ac
Current owner
From public records · entity-resolved
Rod Assocs Derry
Individual
Free & Clear · 29 yrs held
Mailing address
PO BOX 444, DERRY, NH 03038-0444
Ownership since
1997
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
Jun 25, 2019
—
Derry Road Associates
—
Grant Deed
related
$5,000,000 · Enterprise Bk
Aug 7, 2009
—
Derry Road Associates
—
Deed Of Trust
related
$2,500,000 · Enterprise Bank & Trust
Jun 14, 2006
—
Derry Road Associates
—
Deed Of Trust
related
$700,000 · Lawrence Savings Bank
Feb 3, 2005
—
Derry Road Assoc
—
Deed Of Trust
related
$1,000,000 · Lawrence Savings Bank
Feb 25, 1997
$338,900
Rod Assocs Derry
Benson,grant G JR
Grant Deed
—
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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