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Property profile & analytics
FOR LEASE
Industrial properties
645 Harvey Rd Manchester, NH 03103
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US58-0014719
For Lease
1 / 32
$12 SF/Yr
645 Harvey Rd, Manchester, NH 03103
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1970
Construction
STEEL FRAME
Total area
143,060 SF
Lot
10.04 ac (437,342 SF)
APN
MNCH M:0721 B:000 L:0004
UPID
US58-0014719
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
-
Gentex Corporation Industrial Manufacturer Production Facility
-
emescal Wellness Alternative Medicine Practice
-
Aegisound Hearing Aid Store
-
Intelligent Manufacturing Solutions (IMS) Industrial Manufacturer Production Facility
-
Cadec Systems Inc (Bike/Boat/Book/etc) Store Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$19.28M
Comparable Approach
Comparable
$15.36M
Blend (final)
Blend
$14.69M
Owner & transaction history
Lpch New Hampshire LP · 3 yrs held
Lpch New Hampshire LP
since 2022
Last sale
$14.7M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$23.9M
+9.3%
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
$13,985,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$20,885,000
6.5%
$19,280,000
7%
$17,900,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$21,895,000
Current use
AUTO REPAIR, GARAGE
$23,920,000
Change: +9% · Conversion: Easy
RETAIL STORES
$20,170,000
Change: -8% · Conversion: Moderate
Blend value · Realmo final
$14.69M
Range $13.22M – $16.15M · ±10% · vs last sale $14.70M (Aug 1 2022)
Last sale anchor
$14.70M
Aug 1 2022
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
$103 / 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
$144,092
Tax year 2023
Assessed value
$7,640,100
Assessed 2023
Previous assessed
$7,640,100
+0.0% YoY
Effective rate
1.89%
On assessed value
Assessed land
$636,300
Assessed improvement
$7,003,800
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
For Lease
Year built
1970
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
6
Total area
143,060 SF
Lot
10.04 ac (437,342 SF)
APN
MNCH M:0721 B:000 L:0004
UPID
US58-0014719
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) Current
Est. value
$21.9M
AUTO REPAIR, GARAGE
Est. value
$23.9M
RETAIL STORES
Est. value
$20.2M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
RETAIL STORES
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
1970
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
6
Lot
10.04 ac
Current owner
From public records · entity-resolved
Lpch New Hampshire LP
Entity
Mailing address
645 HARVEY RD, MANCHESTER, NH 03103-3323
Ownership since
2022
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
Aug 1, 2022
$14,700,000
Lpch New Hampshire LP
Albany Rd Harvey Rd LLC
Quit Claim Arm's Length For Ne States
$48,000,000 · Cambridge Savings Bank
Nov 21, 2019
$14,250,000
Albany Road-harvey Road LLC
W Auburn Road Realty Cor 51-53
Quit Claim Deed
related
—
Aug 30, 2010
—
51-3 W Auburn Rd Rlty LLC
—
Deed Of Trust
related
$8,600,000 · Centrix Bank & Trust
Nov 16, 2006
—
West Auburn Realty Corp
—
Deed Of Trust
related
$5,717,500 · Sovereign Bank
Jun 29, 2005
$3,412,500
W Auburn Rd Realty 51-53
New Boston Harvey Ltd Ptn
Warranty Deed
—
Dec 11, 1998
$3,595,000
New Boston Harvey LP
John Hancock Mutual Lf
Grant Deed
$2,850,000 · Eastern Mortgage Corp
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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