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Property profile & analytics
OFF-MARKET
Estimated value
$725,000
Showrooms
74 Pleasant St New London, NH 03257-5881
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US58-0178220
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1988
Construction
FRAME
Total area
7,695 SF
Lot
0.77 ac (33,454 SF)
Zoning code
COMMER
APN
NLDN M:84 L:81 S:0
UPID
US58-0178220
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
-
Lori D. Richer, MD Physician
-
Colby Insurance Group Insurance Agency
-
ProVision Outsourcing Solutions Marketing & Advertising (Bike/Boat/Book/etc) Store
-
Insource Services Inc Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$820k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$634k
Blend (final)
Blend
$725k
Owner & transaction history
74 Main Street LLC · 4 yrs held
74 Main Street LLC
since 2021
Last sale
$700,000
2 recorded transactions
Zoning & alternative use
COMMER · New London, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.1M
+2.7%
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 New London submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New London 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
$775,000
ML approach
$820,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,095,000
Current use
RETAIL STORES
$1,125,000
Change: +3% · Conversion: Easy
INDUSTRIAL (GENERAL)
$1,085,000
Change: -1% · Conversion: Moderate
OFFICE BUILDING
$1,020,000
Change: -7% · Conversion: Easy
Blend value · Realmo final
$725k
Range $653k – $798k · ±10% · vs last sale $700k (Nov 17 2021)
Last sale anchor
$700k
Nov 17 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
$94 / 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
$9,577
Tax year 2023
Assessed value
$885,900
Assessed 2023
Previous assessed
$855,100
+3.6% YoY
Effective rate
1.08%
On assessed value
Assessed land
$210,600
Assessed improvement
$675,300
Applied tax rate
52,100.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1988
Construction
FRAME
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
2
Total area
7,695 SF
Lot
0.77 ac (33,454 SF)
Zoning code
COMMER
APN
NLDN M:84 L:81 S:0
UPID
US58-0178220
Jurisdiction
NEW LONDON TOWN
Zoning & alternative use
COMMER · New London, NHZoning COMMER · permitted uses
COMMER · New London, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.1M
RETAIL STORES
Est. value
$1.1M
INDUSTRIAL (GENERAL)
Est. value
$1.1M
OFFICE BUILDING
Est. value
$1.0M
COMMERCIAL (GENERAL) Current
RETAIL STORES
INDUSTRIAL (GENERAL)
OFFICE BUILDING
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
1988
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
2
Buildings
1
Lot
0.77 ac
Current owner
From public records · entity-resolved
74 Main Street LLC
Entity
Mailing address
227 PNE HL RD, NEW LONDON, NH 03257-5789
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 17, 2021
$700,000
74 Main Street LLC
R L Stahlman Ret 1995
Deed
$480,000 · Bar Harbor Bank & Trust Co
Oct 27, 2016
$20,000
Stahlman,robert L Trust 1995
Canary Ents LLC
Warranty Deed
—
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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