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Property profile & analytics
OFF-MARKET
Estimated value
$4,605,000
Industrial properties
850 Perimeter Rd Manchester, NH 03103-3324
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US58-0124146
Property summary
AI-generated overview
This single-story, 7,800 square foot industrial space in Manchester, NH, is perfect for dry storage or light manufacturing. Located at 850 Perimeter Rd, 03103, this property boasts a 16-foot clear ceiling height, ideal for various uses. The space includes a fully air-conditioned area suitable for light manufacturing or a parts room, complemented by storage areas equipped with gas-fired space heaters and split systems for climate control. One shared loading dock facilitates efficient loading and unloading. The building, constructed in 1955, sits on a single level within a larger complex totaling 58,853 square feet. The property is zoned for industrial use and benefits from an excellent location in the airport area, providing easy access to major highways including I-93, I-293, and the Everett Turnpike. This Hillsborough County property offers a strategic advantage for businesses needing convenient transportation links. The space is available for lease starting March 1st, 2025. The property is classified as a warehouse and manufacturing space.
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1955
Construction
STEEL FRAME
Total area
58,853 SF
Lot
8.03 ac (349,787 SF)
APN
MNCH M:0848 B:000 L:0001
UPID
US58-0124146
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
-
Jewell Instruments Industrial Manufacturer Production Facility
-
Triplett Test Equipment and Tools Industrial Manufacturer Production Facility
-
DGH Corporation Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.26M
Blend (final)
Blend
$4.61M
Owner & transaction history
Njm 850 Realty · 19 yrs held
Njm 850 Realty
since 2006
5 recorded transactions
Zoning & alternative use
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 Manchester submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Manchester 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.61M
Range $4.14M – $5.07M · ±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
$78 / 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
$48,316
Tax year 2023
Assessed value
$2,561,800
Assessed 2023
Previous assessed
$2,561,800
+0.0% YoY
Effective rate
1.89%
On assessed value
Assessed land
$508,900
Assessed improvement
$2,052,900
Applied tax rate
45,140.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1955
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Total area
58,853 SF
Lot
8.03 ac (349,787 SF)
APN
MNCH M:0848 B:000 L:0001
UPID
US58-0124146
Jurisdiction
MANCHESTER CITY
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1955
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Lot
8.03 ac
Current owner
From public records · entity-resolved
Njm 850 Realty
Entity
Mailing address
850 PERIMETER RD, MANCHESTER, NH 03103-3324
Ownership since
2006
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
Dec 12, 2017
—
Njm 850 Realty LLC
—
Deed
related
$3,000,000 · People's United Bk
Jun 30, 2014
—
Njm 850 Realty LLC
—
Grant Deed
related
$2,500,000 · Peoples Bk/al
Oct 6, 2006
$3,250,000
Njm 850 Realty
850 Perimeter Road NA
Warranty Deed
$1,637,500 · Misc Other
Mar 1, 1999
$2,062,200
850 Perimeter Rd/na Ll
NA Rlty
Warranty Deed
$1,000,000 · Zwi Kohorn
—
—
Njm 850 Realty LLC
—
Loan Modification
related
$3,000,000 · People's United 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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