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Property profile & analytics
FOR LEASE
Office buildings
60 Rogers St, Manchester, NH 03103
Entity Owned
28-yr Hold
~
Est. High Equity
Property ID
US58-0394269
For Lease
1 / 4
$8 SF/Yr
60 Rogers St, Manchester, NH 03103
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Property summary
AI-generated overview
This exceptional Manchester, NH commercial property offers a unique blend of historic charm and modern functionality. The 76,000 square foot building, constructed in 1900 and situated at 60 Rogers St, 03103, boasts a prime location adjacent to the municipal government complex. Currently, the building enjoys nearly 100% occupancy with multiple tenants. Recent renovations (within the last 15 years) have significantly upgraded the property, including new windows, roof, flooring, a state-of-the-art sprinkler system, gas-fired HVAC systems, updated plumbing and electrical systems, and both passenger and freight elevators. The building features one loading dock and ample on-site parking. Available units include Unit 1B, a 2,850 square foot space previously used as a church, offering open areas, offices, a kitchen, and two restrooms
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1901
Construction
STEEL FRAME
Total area
76,678 SF
Lot
2.59 ac (112,944 SF)
APN
MNCH M:0296 B:000 L:0016
UPID
US58-0394269
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
-
Granite State Independent Living (GSIL) Employment Agency
-
Probation & Parole Probation Office
-
Victory Chapel of New Hampshire Church
-
Lifeshare Management, LLC Social Service Agency Charitable Organization
-
Pentecostal Church of God IM Ebenezer Church
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$10.35M
Comparable Approach
Comparable
$7.51M
Blend (final)
Blend
$7.53M
Owner & transaction history
Robat Holdings LLC · 28 yrs held
Robat Holdings LLC
since 1997
5 recorded transactions
Zoning & alternative use
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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$11,210,000
6.5%
$10,350,000
7%
$9,610,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$11,735,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$7.53M
Range $6.78M – $8.28M · ±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
$98 / 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
$51,443
Tax year 2023
Assessed value
$2,727,600
Assessed 2023
Previous assessed
$2,727,600
+0.0% YoY
Effective rate
1.89%
On assessed value
Assessed land
$151,400
Assessed improvement
$2,576,200
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 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
For Lease
Year built
1901
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
8
Total area
76,678 SF
Lot
2.59 ac (112,944 SF)
APN
MNCH M:0296 B:000 L:0016
UPID
US58-0394269
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
INDUSTRIAL (GENERAL)
Est. value
$11.7M
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
1901
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
8
Lot
2.59 ac
Current owner
From public records · entity-resolved
Robat Holdings LLC
Entity
Mailing address
PO BOX 397, MANCHESTER, NH 03105-0397
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
Feb 5, 2009
—
Robat Holdings LLC
—
Deed Of Trust
related
$650,000 · Saint Marys Bank
Feb 22, 2006
—
Robat Holdings LLC
—
Deed Of Trust
related
$1,880,000 · Centrix Bank & Trust
Oct 22, 1997
$51,000
Robat Holdings LLC
Leighton Machine Co In
Warranty Deed
related
—
—
—
Robert Holdings LLC
—
Deed Of Trust
related
$2,800,000 · Nbt Bk
—
—
Robat Holdings LLC
—
Deed Of Trust
related
$200,000 · Nbt 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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