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Property profile & analytics
OFF-MARKET
Estimated value
$960,000
Manufacturing properties
7th Merrill Industrial Dr Hampton, NH 03842-1980
Individually Owned
20-yr Hold
Free & Clear
Property ID
US58-0328290
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2013
Construction
STEEL FRAME
Total area
10,880 SF
Lot
1.36 ac (59,242 SF)
Zoning code
I
APN
HMPT M:142 B:4 L:1
UPID
US58-0328290
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
by Request
CAP Approach
CAP
$1.04M
Comparable Approach
Comparable
$765k
Blend (final)
Blend
$960k
Owner & transaction history
Rademo RT · 20 yrs held
Rademo RT
since 2005
2 recorded transactions
Zoning & alternative use
I · Hampton, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of this district is to provide Heavy manufacturing provided the Board of Adjustment shall rule that such is not obnoxious or injurious by reason of the production or emission of odor, dust, smoke, refuse, matter, fumes, noise, vibrations
Zone name
Industrial
General category
INDUSTRIAL
Zone area
1,043.73 ac
Source
Realmo
Top alternative use upside
Office building
$1.5M
+9.9%
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 Hampton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hampton 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,120,000
6.5%
$1,035,000
7%
$960,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,375,000
Current use
OFFICE BUILDING
$1,515,000
Change: +10% · Conversion: Difficult
Blend value · Realmo final
$960k
Range $864k – $1.06M · ±10%
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
$88 / 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
$15,857
Tax year 2023
Assessed value
$946,700
Assessed 2023
Previous assessed
$946,700
+0.0% YoY
Effective rate
1.67%
On assessed value
Assessed land
$252,300
Assessed improvement
$694,400
Applied tax rate
33,060.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2013
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Bathrooms
4
Total area
10,880 SF
Lot
1.36 ac (59,242 SF)
Zoning code
I
APN
HMPT M:142 B:4 L:1
UPID
US58-0328290
Jurisdiction
HAMPTON TOWN
Metro division
ROCKINGHAM COUNTY-STRAFFORD COUNTY, NH METROPOLITAN DIVISION
Zoning & alternative use
I · Hampton, NHZoning I · permitted uses
I · Hampton, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent of this district is to provide Heavy manufacturing provided the Board of Adjustment shall rule that such is not obnoxious or injurious by reason of the production or emission of odor, dust, smoke, refuse, matter, fumes, noise, vibrations
Zone name
Industrial
General category
INDUSTRIAL
Zone area
1,043.73 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.4M
OFFICE BUILDING
Est. value
$1.5M
INDUSTRIAL (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
2013
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Bathrooms
4
Lot
1.36 ac
Current owner
From public records · entity-resolved
Rademo RT
Individual
Free & Clear · 20 yrs held
Mailing address
5 MERRILL INDUSTRIAL DR, HAMPTON, NH 03842-1980
Ownership since
2005
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
May 15, 2014
—
Rademo RT
—
Grant Deed
related
$982,500 · Kennebunk Svgs Bk
Dec 21, 2005
$100,000
Rademo RT
Seven Merrill Dr Real Est
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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