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Property profile & analytics
FOR SALE
Banks

9 Old State Rd Belmont, NH 03220

7,179 SF 1.74 ac lot Built 1979
Entity Owned 5-yr Hold Free & Clear
Property ID
US58-0155796
Property summary
AI-generated overview

This exceptional 11,472 square foot retail building, located at 9 Old State Road in Belmont, New Hampshire, presents a remarkable redevelopment opportunity. Situated on a 1.74-acre lot at the entrance to the Belknap Marketplace, this two-story property boasts excellent visibility and high traffic counts, averaging approximately 20,000 vehicles daily. Originally constructed in 1979, the building features a spacious, open floor plan, complemented by smaller offices, a secure bank vault, and a convenient drive-thru window. The lower level offers a substantial 6,293 square foot basement, currently unfinished but easily convertible into additional office space or storage, and includes two restrooms. The exterior is well-maintained and landscaped, enhanced by two drive-thru lanes. The asking price for this vacant property is $950,000. Its prime location and substantial size make it an ideal candidate for a variety of commercial uses. The property includes two parking spaces. This is a rare opportunity to acquire a high-visibility retail space in a thriving New Hampshire community.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1979
Construction FRAME
Total area 7,179 SF
Lot 1.74 ac (75,794 SF)
Zoning code COM
APN BLMT M:201 B:001 L:000
UPID US58-0155796
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
$910k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$890k
Owner & transaction history
Chase Realty Partners LLC · 5 yrs held
Chase Realty Partners LLC
since 2021
Last sale
$725,000
4 recorded transactions
2022
Price N/A
2021
$725,000
2018
$45,000
2014
$250,000
Zoning & alternative use
COM · Belmont, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source TOWN OF BELMONT
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