673 Columbus Ave Rochester, NH 03867-3495
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Cleary Cleaners (Bike/Boat/Book/etc) Store
Neighborhood Mixed-Use District (NMU). A. District location. This district is located in various areas throughout the City. B. Objectives. The objectives of the district include: (1) Function. The Neighborhood Mixed-Use District is established largely to serve adjacent residential neighborhoods. The NMU District allows, for example, a small convenience store…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
NMU · Rochester, NHNeighborhood Mixed-Use District (NMU). A. District location. This district is located in various areas throughout the City. B. Objectives. The objectives of the district include: (1) Function. The Neighborhood Mixed-Use District is established largely to serve adjacent residential neighborhoods. The NMU District allows, for example, a small convenience store, laundry facility, real estate office, personal services establishment, and day-care center. (2) Character of district. (a) Smaller in scale, in area of coverage, size of buildings, and scope of operations. (b) Located at the edge of neighborhoods, on or in very close proximity to collector and arterial roads. (c) Well connected to those neighborhoods. (3) Design. The NMU District calls for thoughtful design of parking, lighting, signage, architecture, location of entrances, location of dumpsters, and other matters. Parking should be located on street (parallel or diagonal) or through well located and screened small lots in side or rear yards. (4) Appropriate locations. The NMU District might also be located close to public institutions like schools, churches, day-care centers, senior citizen centers, and recreation centers, as well as at transit stops. C. Development standards. (1) Uses. (a)
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.