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Property profile & analytics
FOR LEASE
Retail properties & Spaces
80 S Main St, Hanover, NH 03755
Individually Owned
21-yr Hold
~
Est. High Equity
Property ID
US58-0314165
No photos on file
For Lease
$28 SF/Yr
80 S Main St, Hanover, NH 03755
View Listing →
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
1985
Construction
STEEL FRAME
Total area
35,197 SF
Lot
0.44 ac (19,050 SF)
Zoning code
D1
APN
HNOV M:023 B:038 L:001
UPID
US58-0314165
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
-
Brannen & Loftus PLLC Law Firm
-
Snyder Cahoon & CO Pllc: Cahoon Michael L CPA Accounting Firm Tax Preparation
-
Mascoma Bank Bank Loan Service
-
Mt Ascutney Hospital and Health Center: Ophthalmology - Hanover Ophthalmologist Eye Care Center
-
William S. Bloom, MD Ophthalmologist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.77M
Comparable Approach
Comparable
$4.17M
Blend (final)
Blend
$4.80M
Owner & transaction history
Geraldine Marion Ft · 21 yrs held
Geraldine Marion Ft
since 2005
1 recorded transaction
Zoning & alternative use
D1 · Hanover, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$7.2M
+22.8%
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 Hanover submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hanover 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%
$6,255,000
6.5%
$5,770,000
7%
$5,360,000
Alternative Use
Use
Estimation
RETAIL STORES
$5,830,000
Current use
OFFICE BUILDING
$7,155,000
Change: +23% · Conversion: Easy
Blend value · Realmo final
$4.80M
Range $4.32M – $5.27M · ±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
$136 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$96,692
Tax year 2022
Assessed value
$5,435,200
Assessed 2022
Previous assessed
$5,435,200
+0.0% YoY
Effective rate
1.78%
On assessed value
Assessed land
$1,118,800
Assessed improvement
$4,316,400
Applied tax rate
33,860.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Retail properties & Spaces
Use group
DEPARTMENT STORE
Status
For Lease
Year built
1985
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
3
Units
1
Total area
35,197 SF
Lot
0.44 ac (19,050 SF)
Zoning code
D1
APN
HNOV M:023 B:038 L:001
UPID
US58-0314165
Jurisdiction
HANOVER TOWN
Zoning & alternative use
D1 · Hanover, NH
Zoning D1 · permitted uses
D1 · Hanover, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hanover. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$5.8M
OFFICE BUILDING
Est. value
$7.2M
RETAIL STORES 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
1985
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
1
Units
1
Lot
0.44 ac
Current owner
From public records · entity-resolved
Geraldine Marion Ft
Individual
Mailing address
PO BOX 1438, CONCORD, NH 03302-1438
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 26, 2005
—
Geraldine Marion Ft
—
Deed Of Trust
related
$36,000 · Mascoma Savings Bank
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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