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Property profile & analytics
FOR LEASE
Commercial real estate
6 West Broadway St, Derry, NH 03038
Entity Owned
4-yr Hold
Free & Clear
Property ID
US58-0008438
For Lease
1 / 14
$2,765,000
6 West Broadway St, Derry, NH 03038
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Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
20,224 SF
Lot
0.15 ac (6,534 SF)
Zoning code
CBD-TB
APN
DERY M:30 B:24
UPID
US58-0008438
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
-
Credit Repair Financial Advisor
-
Quality Home Health Services Home Health Care Service
-
FTP Piercing/Wayne's Tattoo World Tattoo & Piercing Shop
-
Wayne's Tattoo World Tattoo & Piercing Shop
-
Ultimate Attraction Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.22M
CAP Approach
CAP
$2.90M
Comparable Approach
Comparable
$2.21M
Blend (final)
Blend
$2.77M
Owner & transaction history
Ftg Development LLC · 4 yrs held
Ftg Development LLC
since 2021
Last sale
$2.6M
3 recorded transactions
Zoning & alternative use
CBD-TB · Derry, 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 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
$3,085,000
ML approach
$3,220,000
CAP Approach
CAP Return
Estimation
6%
$3,140,000
6.5%
$2,900,000
7%
$2,690,000
Alternative Use
Use
Estimation
RETAIL STORES
$4,380,000
Change: -6% · Conversion: Easy
OFFICE BUILDING
$3,815,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$2.77M
Range $2.49M – $3.04M · ±10% · vs last sale $2.60M (Jul 9 2021)
Last sale anchor
$2.60M
Jul 9 2021
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
$137 / 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
$24,297
Tax year 2023
Assessed value
$1,174,900
Assessed 2023
Previous assessed
$1,174,900
+0.0% YoY
Effective rate
2.07%
On assessed value
Assessed land
$122,800
Assessed improvement
$1,052,100
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Lease
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
3
Units
21
Total area
20,224 SF
Lot
0.15 ac (6,534 SF)
Zoning code
CBD-TB
APN
DERY M:30 B:24
UPID
US58-0008438
Jurisdiction
DERRY TOWN
Metro division
ROCKINGHAM COUNTY-STRAFFORD COUNTY, NH METROPOLITAN DIVISION
Zoning & alternative use
CBD-TB · Derry, NH
Zoning CBD-TB · permitted uses
CBD-TB · Derry, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Derry. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$4.4M
OFFICE BUILDING
Est. value
$3.8M
RETAIL STORES
OFFICE BUILDING
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
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
1
Units
21
Lot
0.15 ac
Current owner
From public records · entity-resolved
Ftg Development LLC
Entity
Free & Clear · 4 yrs held
Mailing address
PO BOX 615, EAST HAMPSTEAD, NH 03826-0615
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 9, 2021
$2,595,000
Ftg Development LLC
Nnm RT
Warranty Deed
—
Dec 16, 2011
$705,000
Nnm RT
Derry Depot Square Hldgs
Warranty Deed
$300,000 · Manoj Munjal
Dec 16, 2011
—
Nnm RT
—
Grant Deed
related
$300,000 · Manoj Munjal
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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