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Property profile & analytics
OFF-MARKET
Estimated value
$575,000
Commercial real estate
72 Portsmouth Ave Ste 101 Stratham, NH 03885-2568
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US58-0350955
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Year built
1985
Total area
1,232 SF
Zoning code
GCBD
APN
STRH M:00009 B:000008 L:000101
UPID
US58-0350955
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
$560k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$575k
Owner & transaction history
Brothers Plz Partners LLC · 3 yrs held
Brothers Plz Partners LLC
since 2022
Last sale
$587,266
7 recorded transactions
Zoning & alternative use
GCBD · Stratham, NH
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 Stratham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stratham 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
$560,000
ML approach
$560,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$575k
Range $518k – $633k · ±10% · vs last sale $587k (Oct 3 2022)
Last sale anchor
$587k
Oct 3 2022
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
$467 / 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
$2,028
Tax year 2023
Assessed value
$97,000
Assessed 2023
Previous assessed
$97,000
+0.0% YoY
Effective rate
2.09%
On assessed value
Assessed improvement
$97,000
Applied tax rate
74,340.0000
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
Commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Status
Off-Market
Year built
1985
Heating
FORCED AIR
Cooling
YES
Stories
1
Bathrooms
1
Total area
1,232 SF
Zoning code
GCBD
APN
STRH M:00009 B:000008 L:000101
UPID
US58-0350955
Jurisdiction
STRATHAM TOWN
Metro division
ROCKINGHAM COUNTY-STRAFFORD COUNTY, NH METROPOLITAN DIVISION
Zoning & alternative use
GCBD · Stratham, NH
Zoning GCBD · permitted uses
GCBD · Stratham, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Stratham. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1985
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Current owner
From public records · entity-resolved
Brothers Plz Partners LLC
Entity
Mailing address
72 PORTSMOUTH AVE STE #101, STRATHAM, NH 03885-2568
Ownership since
2022
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
Oct 3, 2022
$587,266
Brothers Plz Partners LLC
Gracebeck Properties LLC
Warranty Deed
—
Jan 19, 2005
—
Gracebeck Props LLC
—
Deed Of Trust
related
$169,440 · Jon Levenstein
Jan 11, 2005
—
Gracebeck Props LLC
—
Grant Deed
related
$677,760 · Centrix Bank & Trust
—
—
Gracebeck Properties LLC
—
Deed Of Trust
related
$15,000 · Mary C Ducharme
—
—
Beck Properties LLC
—
Loan Modification
related
$1,513,300 · Salem Cooperative Bk
—
—
Gracebeck Properties LLC
—
Deed Of Trust
related
$1,500,000 · David Bongiovanni
—
—
Gracebeck Properties LLC
—
Deed Of Trust
related
$4,250,000 · Salem Cooperative Bk
—
—
Gracebeck Properties LLC
—
Deed Of Trust
related
$817,000 · Salem Cooperative Bk
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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