Individually Owned Property summary
AI-generated overview
The property is a commercial building configured with office units and spaces, located with convenient access to Interstate 93 at Exit 2. A ground-floor corner unit is available with a total interior area of 3,591 square feet. The space is designed to be divisible into smaller increments, supporting flexible interior layout options.
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1989
Construction
STEEL FRAME
Total area
37,611 SF
Lot
2.43 ac (105,851 SF)
Zoning code
CIB
APN
SLEM M:96 B:7846 L:
UPID
US58-0141388
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
(Bike/Boat/Book/etc) Store Corporate Office
-
Pediatrician Physician
-
Counselor
-
Commercial Cleaning Service Business To Business Service
-
Physician
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.39M
Comparable Approach
Comparable
$5.16M
Blend (final)
Blend
$5.01M
Owner & transaction history
since 2014
2 recorded transactions
Zoning & alternative use
CIB · Salem, NH
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$5.01M
Value range
$4.51M – $5.51M
±10% around blend
Estimated value / SF
$133 / SF
Confidence
Property data
100
Market benchmarks
33
Comparable evidence
60
$4.51M
blend $5.01M
$5.51M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
37,611 SF
Lot area
2.43 ac
Year built
1989
Stories
3
APN
SLEM M:96 B:7846 L:
Zoning
CIB
Assessed value
$4,205,400
Annual tax
$71,324
3
Income approach: direct capitalization
Partial preview
Income approach indication
$5.39M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$5.84M
@ 6.5% CAP return
$5.39M
@ 7% CAP return
$5.01M
4
Sales comparison
Partial preview
Sales approach indication
$5.16M
Range $1.68M – $8.02M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$5.01M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 352 sales
$231
-42%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $133/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$4.21M
Move the market yield to see immediate price impact.
Value / SF
$112
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$265k
$5.30M
$3.78M
$2.94M
$294k
$5.89M
$4.21M
$3.27M
$324k
$6.48M
$4.63M
$3.60M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$71,324
Tax year 2023
Assessed value
$4,205,400
Assessed 2023
Previous assessed
$4,205,400
+0.0% YoY
Effective rate
1.70%
On assessed value
Assessed land
$1,040,400
Assessed improvement
$3,165,000
Applied tax rate
66,660.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1989
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
3
Units
20
Total area
37,611 SF
Lot
2.43 ac (105,851 SF)
Zoning code
CIB
APN
SLEM M:96 B:7846 L:
UPID
US58-0141388
Jurisdiction
SALEM TOWN
Metro division
ROCKINGHAM COUNTY-STRAFFORD COUNTY, NH METROPOLITAN DIVISION
Zoning & alternative use
CIB · Salem, NHZoning CIB · permitted uses
CIB · Salem, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1989
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
1
Units
20
Lot
2.43 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
CIB
Jurisdiction
Salem, NH
Recorded code
CIB
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CIB in Salem, NH.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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