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Property profile & analytics
OFF-MARKET
Estimated value
$995,000
Retail properties & Spaces
68 State Rte 101a Amherst, NH 03031-2213
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US58-0388361
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
1998
Construction
FRAME
Total area
6,164 SF
Lot
1.39 ac (60,548 SF)
Zoning code
C
APN
AMHS M:002 B:080 L:001
UPID
US58-0388361
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
$1.20M
CAP Approach
CAP
$1.33M
Comparable Approach
Comparable
$872k
Blend (final)
Blend
$995k
Owner & transaction history
P&p Commercial Prop LLC · 4 yrs held
P&p Commercial Prop LLC
since 2021
Last sale
$925,000
4 recorded transactions
Zoning & alternative use
C · Amherst, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.3M
+26.3%
Auto repair, garage
$1.1M
+8.2%
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 Amherst submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Amherst 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
$1,225,000
ML approach
$1,200,000
CAP Approach
CAP Return
Estimation
6%
$1,435,000
6.5%
$1,325,000
7%
$1,230,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,010,000
Current use
RESTAURANT
$1,270,000
Change: +26% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,090,000
Change: +8% · Conversion: Difficult
OFFICE BUILDING
$915,000
Change: -9% · Conversion: Easy
COMMERCIAL (GENERAL)
$865,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$995k
Range $896k – $1.09M · ±10% · vs last sale $925k (Oct 5 2021)
Last sale anchor
$925k
Oct 5 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
$161 / 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
$15,082
Tax year 2023
Assessed value
$689,300
Assessed 2023
Previous assessed
$691,200
-0.3% YoY
Effective rate
2.19%
On assessed value
Assessed land
$362,000
Assessed improvement
$327,300
Applied tax rate
1,300.0000
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
1998
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
1
Units
1
Total area
6,164 SF
Lot
1.39 ac (60,548 SF)
Zoning code
C
APN
AMHS M:002 B:080 L:001
UPID
US58-0388361
Jurisdiction
AMHERST TOWN
Zoning & alternative use
C · Amherst, NH
Zoning C · permitted uses
C · Amherst, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Amherst. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.0M
RESTAURANT
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.1M
OFFICE BUILDING
Est. value
$915,000
COMMERCIAL (GENERAL)
Est. value
$865,000
RETAIL STORES Current
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
1998
Construction
FRAME
Heating
FORCED AIR
Stories
1
Buildings
1
Units
1
Lot
1.39 ac
Current owner
From public records · entity-resolved
P&p Commercial Prop LLC
Entity
Mailing address
12 BILLS WAY, BEDFORD, NH 03110-4349
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 5, 2021
$925,000
P&p Commercial Prop LLC
John V Caruso
Warranty Deed
—
Oct 24, 2012
—
John Caruso
—
Deed Of Trust
related
$495,000 · Lowell Five Cent Savings
Aug 19, 2010
—
John Caruso
—
Deed Of Trust
related
$60,000 · Triangle FCU
May 5, 2010
—
John V Caruso
—
Deed Of Trust
related
$300,000 · Triangle FCU
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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