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Property profile & analytics
FOR LEASE
Industrial properties
670 N Commercial St Manchester, NH 03101
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US58-0263723
For Lease
1 / 20
$11 SF/Yr
670 N Commercial St, Manchester, NH 03101
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1886
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
264,671 SF
Lot
4.04 ac (176,149 SF)
APN
MNCH M:0276 B:000 L:0004
UPID
US58-0263723
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
-
Bernstein Shur - Manchester Office Law Firm
-
Vera B. Buck Law Firm
-
Shelton Lee Flooring Specialties, Inc. Construction Company General Contractor
-
Lang Carpet Carpet & Flooring Store Hardware & Home Improvement
-
Armstrong Carpet & Linoleum Co. Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$35.67M
Comparable Approach
Comparable
$38.35M
Blend (final)
Blend
$34.46M
Owner & transaction history
670 LLC · 5 yrs held
670 LLC
since 2021
Last sale
$12,533
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$48.3M
+19.2%
Auto repair, garage
$44.3M
+9.3%
Commercial (general)
$41.6M
+2.6%
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%
$38,640,000
6.5%
$35,670,000
7%
$33,120,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$40,510,000
Current use
OFFICE BUILDING
$48,275,000
Change: +19% · Conversion: Difficult
AUTO REPAIR, GARAGE
$44,260,000
Change: +9% · Conversion: Easy
COMMERCIAL (GENERAL)
$41,560,000
Change: +3% · Conversion: Difficult
RETAIL STORES
$37,315,000
Change: -8% · Conversion: Moderate
Blend value · Realmo final
$34.46M
Range $31.01M – $37.90M · ±10% · vs last sale $13k (Feb 19 2021)
Last sale anchor
$13k
Feb 19 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
$130 / 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
$412,366
Tax year 2023
Assessed value
$21,864,600
Assessed 2023
Previous assessed
$21,864,600
+0.0% YoY
Effective rate
1.89%
On assessed value
Assessed land
$299,000
Assessed improvement
$21,565,600
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
1886
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
4
Units
22
Total area
264,671 SF
Lot
4.04 ac (176,149 SF)
APN
MNCH M:0276 B:000 L:0004
UPID
US58-0263723
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
$40.5M
OFFICE BUILDING
Est. value
$48.3M
AUTO REPAIR, GARAGE
Est. value
$44.3M
COMMERCIAL (GENERAL)
Est. value
$41.6M
RETAIL STORES
Est. value
$37.3M
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
1886
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
4
Buildings
1
Units
22
Lot
4.04 ac
Current owner
From public records · entity-resolved
670 LLC
Entity
Mailing address
670 N COMMERCIAL ST STE #303, MANCHESTER, NH 03101-1149
Mailing matches property
Yes
Owner-occupied
Yes
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
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 19, 2021
$12,533
670 LLC
Manchester City Of
Quit Claim Arm's Length For Ne States
—
Oct 25, 2018
$6,100,000
Innovation Acquisition LLC
Brookstone Co INC
Quit Claim Deed
related
—
Mar 27, 2018
—
670 LLC
—
Deed
related
$760,000 · Bar Harbor Bk&tr
Nov 20, 2017
—
670 LLC
—
Deed
related
$24,000,000 · Bar Harbor Bk&tr
Aug 4, 2017
—
670 LLC
—
Deed
related
$17,500,000 · Bar Harbor Bk&tr
Sep 15, 2014
—
670 LLC
—
Grant Deed
related
$16,000,000 · Santander Bk NA
Mar 17, 2006
—
Brown Prop
—
Deed Of Trust
related
$347,000 · 90 East Broadway LLC
Dec 20, 2005
—
Brady Sullivan Properties
—
Deed Of Trust
related
$2,160,000 · Nashua Vp LLC
Jun 28, 2005
—
Merrimack River Mills LLC
—
Deed Of Trust
related
$26,600,000 · Anglo Irish Bank Corp
Sep 2, 2004
—
670 LLC
—
Deed Of Trust
related
$11,250,000 · Cibc INC
Apr 2, 2004
—
670 LLC
—
Deed Of Trust
related
$2,449,500 · Emile R Bussiere Ret
Jul 15, 2002
$3,400,000
670 LLC
Jefferson Mill LLC
Warranty Deed
—
Jun 30, 1999
$300,000
Mill LLC,jeferson
Wyck,peter Van
Warranty Deed
—
—
—
670 LLC
—
Deed Of Trust
related
$17,500,000 · Bar Harbor Bk&tr
—
—
670 LLC
—
Loan Modification
related
$24,000,000 · Bar Harbor Bk&tr
—
—
670 LLC
—
Deed Of Trust
related
$760,000 · Bar Harbor Bk&tr
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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