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Property profile & analytics
OFF-MARKET
Estimated value
$1,270,000
Commercial real estate
788 Laconia Rd 1, Tilton, NH 03276-5323
Entity Owned
3-yr Hold
Free & Clear
Property ID
US58-0066622
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Year built
1980
Total area
10,170 SF
Lot
8.12 ac (353,707 SF)
Zoning code
RESORT
APN
TILT M:00R07 B:000011 L:000001
UPID
US58-0066622
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
-
Country Lake Resort Hotel & Motel Resort
-
Winnisquam Lake Inn Hotel & Motel
-
Rodeway Inn Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.14M
CAP Approach
CAP
$1.44M
Comparable Approach
Comparable
$1.73M
Blend (final)
Blend
$1.27M
Owner & transaction history
Shree Lakshmi LLC · 3 yrs held
Shree Lakshmi LLC
since 2023
Last sale
$1.3M
5 recorded transactions
Zoning & alternative use
RESORT · Tilton, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.4M
+4.6%
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 Tilton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tilton 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
$970,000
ML approach
$1,135,000
CAP Approach
CAP Return
Estimation
6%
$1,560,000
6.5%
$1,440,000
7%
$1,340,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,320,000
Current use
OFFICE BUILDING
$1,380,000
Change: +5% · Conversion: Easy
Blend value · Realmo final
$1.27M
Range $1.14M – $1.40M · ±10% · vs last sale $1.25M (Mar 31 2023)
Last sale anchor
$1.25M
Mar 31 2023
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
$125 / 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
$31,210
Tax year 2023
Assessed value
$1,762,300
Assessed 2023
Previous assessed
$1,762,300
+0.0% YoY
Effective rate
1.77%
On assessed value
Assessed land
$27,500
Assessed improvement
$1,734,800
Applied tax rate
77,060.0000
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
1980
Heating
RADIANT
Cooling
YES
Stories
2
Bathrooms
32
Total area
10,170 SF
Lot
8.12 ac (353,707 SF)
Zoning code
RESORT
APN
TILT M:00R07 B:000011 L:000001
UPID
US58-0066622
Jurisdiction
TILTON TOWN
Zoning & alternative use
RESORT · Tilton, NH
Zoning RESORT · permitted uses
RESORT · Tilton, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tilton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.4M
COMMERCIAL (GENERAL) Current
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
1980
Heating
RADIANT
Cooling
Yes
Stories
2
Bathrooms
32
Lot
8.12 ac
Current owner
From public records · entity-resolved
Shree Lakshmi LLC
Entity
Free & Clear · 3 yrs held
Mailing address
788 LACONIA RD #1, TILTON, NH 03276-5323
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 31, 2023
$1,252,533
Shree Lakshmi LLC
788 Laconia LLC
Condominium Deed
—
Jul 25, 2019
$1,000,000
788 Laconia LLC
Grand Coast Cap Fund I LLC|788 Laconia Road Motel
Trustees Deed
—
Nov 3, 2017
$2,350,000
788 Laconia Road Motel LLC
Country Lake Motel & Res LLC
Quit Claim Deed
related
$1,750,000 · Grand Coast Cap Fnd1
Sep 1, 2009
$925,000
Country Lake Motel&res
Us Resorts & Enterpris
Quit Claim Deed
related
$850,000 · Triangle Fed Cr Un
Sep 2, 2005
—
Us Resorts&ent LLC
—
Deed Of Trust
related
$765,000 · 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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