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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    97 Pleasant St Claremont, NH 03743-3623

    • Super regional malls
    • 13,646 SF
    • 0.24 lot acres
    OFF-MARKET
    Last Sale
    Mar 23, 2022
    $200,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US58-0084943
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Super regional malls

    Property Details for 97 Pleasant St

    Year built
    1920
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.24 lot acres
    Property size
    13,646 SF
    Zone code
    MU
    Property type
    Super regional malls
    APN
    CLMN M:120 L:96
    APU
    CLMNM120L96

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Claremont
    County
    Sullivan
    State
    New Hampshire
    Longitude
    -72.34
    Latitude
    43.3699
    CBSA code
    30100
    CBSA name
    LEBANON, NH-VT MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $10,970
    $57,100
    $337,500
    $394,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $920,000
      110,069 SF

      367 Washington St

      REGIONAL SHOPPING CENTER, MALL • 110,069 SF
      367 Washington St, Claremont, NH 03743-5540
      View Details
    • Value Estimation by Request
      6,390 SF

      163 Washington St

      REGIONAL SHOPPING CENTER, MALL • 6,390 SF
      163 Washington St, Claremont, NH 03743-5509
      View Details
    • Value Estimation
      $1,055,000
      112,986 SF

      345 Washington St

      REGIONAL SHOPPING CENTER, MALL • 112,986 SF
      345 Washington St, Claremont, NH 03743-5539
      View Details
    • Value Estimation
      $760,000
      58,408 SF

      216 Washington St

      REGIONAL SHOPPING CENTER, MALL • 58,408 SF
      216 Washington St, Claremont, NH 03743-5535
      View Details
    • Value Estimation by Request
      0.10 Acres

      91 Main St

      PARKING LOT • 0.10 Acres
      91 Main St, Claremont, NH 03743-4841
      View Details
    • Value Estimation
      $2,430,000
      28,444 SF

      168 Charlestown Rd

      VEHICLE SALES, RENTALS • 28,444 SF
      168 Charlestown Rd, Claremont, NH 03743-5617
      View Details

    Similar Nearby for Sale

    • $1,500,000

      Auto Dealership on 21+ Acres

      Well-maintained auto dealership with showroom, service bays, and warehouse.
      5 Riv Rd, Claremont, NH 03743
      View Details
    • $395,000
      0.09 Acres

      Historic Claremont Building For Sale

      Downtown building with restaurant and apartment, generating monthly income.
      36-38 Opera House Sq, Claremont, NH 03743
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    • $1,500,000
      21.59 Acres

      Claremont Auto Dealership Opportunity

      Well-maintained auto dealership with showroom, service bays, and warehouse.
      5 River Rd, Claremont, NH 03743
      View Details
    • $437,500

      Mixed-Use Building in Downtown Claremont

      Mixed-use building with retail, office, and apartment potential.
      19 Pleasant St, Claremont, NH 03743
      View Details
    • $155,000

      Downtown Claremont Redevelopment Opportunity

      Vacant brick building in downtown Claremont, prime redevelopment location.
      2-8 Sullivan St, Claremont, NH 03743
      View Details
    • $345,000
      0.30 Acres

      Claremont Commercial Property For Sale

      Commercial property in Claremont with high traffic and flexible space.
      198 Washington St, Claremont, NH 03743
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Commercial Space in High-Traffic Area

      Raw retail space in Claremont's busiest commercial area.
      152 Washington St, Claremont, NH 03743
      View Details
    • Contact for pricing
      42,253 SF

      Classic Railroad Depot Retail Space

      Retail space in a classic railroad depot style building.
      12 Plains Rd, Claremont, NH 03743
      View Details
    • Contact for pricing
      6,534 SF

      Downtown Claremont Retail Space Available

      Ground floor retail space in downtown Claremont with immediate occupancy.
      18 Pleasant St, Claremont, NH 03743
      View Details
    • $1,250 /Mo

      Remodeled Retail or Office Space

      Recently remodeled ground floor retail or office space for rent.
      84 Pleasant St, Claremont, NH 03743
      View Details
    • $14 SF/Yr
      1,500 SF

      Retail Space in Claremont, NH

      Retail opportunity with high visibility and flexible zoning.
      148 Charlestown Rd, Claremont, NH 03743
      View Details
    • $1,400 /Mo

      Claremont Apartment with Utilities Included

      One-bedroom apartment for rent with utilities included in Claremont, NH.
      47 Myrtle St, Claremont, NH 03743
      View Details
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    97 Pleasant St
    Claremont, NH 03743-3623
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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