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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    660 Main St, Unit 668 Laconia, NH 03246-3443

    • Investment properties
    • 10,372 SF
    • 0.14 lot acres
    OFF-MARKET
    Value Estimations
    $450,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US58-0387426
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Laconia Village Bakery / Bakery

    Property Details for 660 Main St

    Year built
    1900
    Construction
    STEEL FRAME
    Lot size
    0.14 lot acres
    Property size
    10,372 SF
    Zone code
    UC
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    LACO M:432 B:142 L:16
    APU
    LACOM432B142L16

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $345,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $555,000
      Market price range: $555k - $1.82M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Laconia
    County
    Belknap
    State
    New Hampshire
    Longitude
    -71.471
    Latitude
    43.5289
    CBSA code
    29060
    CBSA name
    LACONIA, NH MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,451
    $62,800
    $401,000
    $463,800
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $275,000
      3,838 SF

      155 Lk St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,838 SF
      155 Lk St, Laconia, NH 03246-2129
      View Details
    • Value Estimation
      $320,000
      324 SF

      41 Skippers Ct

      OFFICE/RESIDENTIAL (MIXED USE) • 324 SF
      41 Skippers Ct, Laconia, NH 03246-1833
      View Details
    • Value Estimation
      $300,000
      8,452 SF

      361 Un Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 8,452 SF
      361 Un Ave, Laconia, NH 03246-2811
      View Details
    • Value Estimation
      $305,000
      1,709 SF

      240 Ct St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,709 SF
      240 Ct St, Laconia, NH 03246-3893
      View Details
    • Value Estimation
      $470,000
      1,500 SF

      194 Garfield St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,500 SF
      194 Garfield St, Laconia, NH 03246-3767
      View Details
    • Value Estimation
      $270,000
      2,366 SF

      138 Gilford Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,366 SF
      138 Gilford Ave, Laconia, NH 03246-2837
      View Details

    Similar Nearby for Sale

    • $350,000
      0.30 Acres

      Antique Cape with Commercial Potential

      Charming cape with commercial opportunities near Lake Winnipesaukee.
      468 Union Ave, Laconia, NH 03246
      View Details
    • $7,500,000
      12.62 Acres

      Prime Development Land in Laconia

      12.62 acres of C-R zoned land in Weirs Beach.
      76 Endicott St, Laconia, NH 03246
      View Details
    • $1,500,000
      13,957 SF

      Downtown Laconia Retail Opportunity

      High-traffic retail space, prime location.
      601 Main St, Laconia, NH 03246
      View Details
    • $1,200,000
      5,419 SF

      Victorian Multi-Family Riverfront Residence

      Spacious Victorian with riverfront access in the heart of Laconia.
      96 Church St, Laconia, NH 03246
      View Details
    • $324,900
      13.23 Acres

      Lakes Region Land Opportunity

      13.23-acre parcel in the heart of the Lakes Region.
      1 Winter St, Laconia, NH 03246
      View Details
    • $5,500,000
      0.87 Acres

      Waterfront Investment Opportunity in Laconia

      High-yield, mixed-use waterfront property with national tenant and redevelopment potential.
      1266 Union Ave, Laconia, NH 03246
      View Details

    Similar Nearby for Lease

    • $16 SF/Yr
      900 SF

      Gilford Retail and Office Space

      Multiple spaces for lease in Gilford, ranging from 250-3,500 SF.
      131 Lake St, Laconia, NH 03246
      View Details
    • $15 SF/Yr
      4,100 SF

      Downtown Laconia Restaurant Opportunity

      Restaurant space in downtown Laconia with high visibility.
      30 Beacon St E, Laconia, NH 03246
      View Details
    • $6 SF/Yr
      29,500 SF

      Industrial Sublease in Laconia

      Industrial space for sublease in a thriving Laconia market.
      28 Lexington Dr, Laconia, NH 03246
      View Details
    • $14 SF/Yr
      4,800 SF

      Laconia Warehouse with Loading Dock

      4,800 sq ft warehouse with loading dock for rent.
      24 Lexington Dr, Laconia, NH 03246
      View Details
    • $2,575 /Mo

      Downtown Laconia Office Space

      2060 sq ft office space in downtown Laconia.
      635 Main St, Laconia, NH 03246
      View Details
    • $15 SF/Yr
      1,900 SF

      Downtown Laconia Versatile Office/Flex Space

      Versatile space in downtown Laconia with high visibility.
      555 Main St, Laconia, NH 03246
      View Details
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    660 Main St, Unit 668
    Laconia, NH 03246-3443
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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