New search
Property profile & analytics
OFF-MARKET
Office buildings
70 Kelley St, Manchester, NH 03102-3107
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US58-0160879
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1910
Construction
FRAME
Total area
4,576 SF
Lot
0.25 ac (10,700 SF)
APN
MNCH M:0182 B:000 L:0036
UPID
US58-0160879
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
-
Live Free Structured Sober Living Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
198 Main St LLC · 7 yrs held
198 Main St LLC
since 2019
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$6,735
Tax year 2023
Assessed value
$357,100
Assessed 2023
Previous assessed
$357,100
+0.0% YoY
Effective rate
1.89%
On assessed value
Assessed land
$114,600
Assessed improvement
$242,500
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
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1910
Construction
FRAME
Heating
HOT WATER
Buildings
1
Stories
3
Units
1
Total area
4,576 SF
Lot
0.25 ac (10,700 SF)
APN
MNCH M:0182 B:000 L:0036
UPID
US58-0160879
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
Building & site characteristics
From public records
Year built
1910
Construction
FRAME
Heating
HOT WATER
Stories
3
Buildings
1
Units
1
Lot
0.25 ac
Current owner
From public records · entity-resolved
198 Main St LLC
Entity
Mailing address
70 KELLEY ST, MANCHESTER, NH 03102-3107
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 28, 2025
—
198 Main St LLC
—
Deed
related
$362,625 · Rockingham Economic Development
Feb 22, 2023
—
198 Main St LLC
—
Deed
related
$350,000 · Primary Bank
Mar 21, 2019
$370,000
198 Main St LLC
Gallo,michael R
Warranty Deed
$260,000 · Primary Bk
Sep 2, 2014
—
Michael R Gallo
—
Grant Deed
related
$256,000 · Members First Cu
Mar 3, 2014
—
Michael R Gallo
—
Deed Of Trust
related
$130,000 · Brian J Connelly Ret
May 31, 2013
$152,500
Michael R Gallo
55 Financial LLC
Warranty Deed
$120,000 · Richard Stahl
May 31, 2013
—
Michael R Gallo
—
Deed Of Trust
related
$120,000 · Richard Stahl
Oct 8, 1998
$192,500
55 Financial LLC
Mental Health Ctr Of M
Warranty Deed
related
$180,000 · Misc Other
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 70 Kelley St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
