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Property profile & analytics
OFF-MARKET
Estimated value
$725,000
Retail properties & Spaces
66 Rte 27 Raymond, NH 03077-1355
Individually Owned
17-yr Hold
~
Est. High Equity
Property ID
US58-0695403
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
2011
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,000 SF
Lot
0.96 ac (41,716 SF)
Zoning code
C1
APN
RAYM M:028-2 L:022
UPID
US58-0695403
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$870k
Comparable Approach
Comparable
$495k
Blend (final)
Blend
$725k
Owner & transaction history
Nellie Re Acquisition · 17 yrs held
Nellie Re Acquisition
since 2008
6 recorded transactions
Zoning & alternative use
C1 · Raymond, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.1M
+21.7%
Commercial (general)
$925,000
+6.5%
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 Raymond submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Raymond 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%
$940,000
6.5%
$870,000
7%
$810,000
Alternative Use
Use
Estimation
RETAIL STORES
$865,000
Current use
AUTO REPAIR, GARAGE
$1,055,000
Change: +22% · Conversion: Difficult
COMMERCIAL (GENERAL)
$925,000
Change: +7% · Conversion: Easy
OFFICE BUILDING
$755,000
Change: -13% · Conversion: Easy
Blend value · Realmo final
$725k
Range $653k – $798k · ±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
$181 / 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
$9,805
Tax year 2023
Assessed value
$473,200
Assessed 2023
Previous assessed
$473,200
+0.0% YoY
Effective rate
2.07%
On assessed value
Assessed land
$132,700
Assessed improvement
$340,500
Applied tax rate
64,020.0000
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 properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
2011
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
3
Rooms
4
Bathrooms
1
Total area
4,000 SF
Lot
0.96 ac (41,716 SF)
Zoning code
C1
APN
RAYM M:028-2 L:022
UPID
US58-0695403
Jurisdiction
RAYMOND TOWN
Metro division
ROCKINGHAM COUNTY-STRAFFORD COUNTY, NH METROPOLITAN DIVISION
Zoning & alternative use
C1 · Raymond, NH
Zoning C1 · permitted uses
C1 · Raymond, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Raymond. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$865,000
AUTO REPAIR, GARAGE
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$925,000
OFFICE BUILDING
Est. value
$755,000
RETAIL STORES Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
2011
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
3
Rooms
4
Bathrooms
1
Lot
0.96 ac
Current owner
From public records · entity-resolved
Nellie Re Acquisition
Individual
Mailing address
PO BOX 405, RAYMOND, NH 03077-0405
Ownership since
2008
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
Mar 12, 2026
—
Nellie Re Acquisitions
—
Deed
related
$1,600,000 · Kennebunk Savings Bank
May 30, 2019
—
Nellie R & E Acquisitions LLC
—
Deed
related
$510,000 · Kennebunk Svgs Bk
Oct 8, 2008
$518,000
Nellie Re Acquisition
Kntt Investments Corp
Warranty Deed
$414,000 · Td Banknorth Mortgage Group
Oct 28, 2005
—
Knit Investment Corp
—
Deed Of Trust
related
$258,251 · Centrix Bank & Trust
—
—
Nellie Real Estate Acquisition
—
Deed Of Trust
related
$512,000 · Kennebunk Svgs Bk
—
—
Nellie R & E Acquisitions LLC
—
Deed Of Trust
related
$510,000 · Kennebunk Svgs 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.
Try Rey
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