581 LAFAYETTE RD
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Location
581 LAFAYETTE RD
Mblu
0229/ 008B/ 0000/ /
Acct#
35465
Owner
ATLAS COMMONS LLC
PBN
Assessment
$5,050,200
Appraisal
$5,050,200
PID
35465
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$2,965,800$2,084,400$5,050,200
Assessment
Valuation YearImprovementsLandTotal
2025$2,965,800$2,084,400$5,050,200

Owner of Record
OwnerATLAS COMMONS LLC
Co-Owner
Address10 PLEASANT ST STE 300
PORTSMOUTH, NH 03801
Sale Price$0
Certificate
Book & Page 6474/1538
Sale Date03/30/2023
Instrument40

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
ATLAS COMMONS LLC$0 6474/15384003/30/2023
JOHN GALT LLC$6,500,000 6448/13096610/25/2022
OMJ REALTY LLC$2,600,000 5669/06671511/09/2015
DILORENZO LAFAYETTE LEDGEWOOD RE LLC$2,600,000 5599/11610003/06/2015
581 LAFAYETTE REALTY LLC$1,515,000 5446/25830006/06/2013

Building Information
Building 1 : Section 1
Year Built: 1972
Living Area: 14,787
Replacement Cost: $3,182,520
Building Percent Good: 84
Replacement Cost
Less Depreciation:
$2,673,300
Building Attributes
FieldDescription
Style:Restaurant
ModelCommercial
GradeB+
Stories:1
Occupancy2.00
Residential Units 
Exterior Wall 1Stucco/Masonry
Exterior Wall 2 
Roof StructureFlat
Roof CoverT & Grvl/Rubbr
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Concr-Finished
Interior Floor 2Hardwood
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseREST/CLUBS
Total Rooms 
Total Bedrms 
Total Baths 
Kitchen Grd 
Heat/ACHEAT/AC PKGS
Frame TypeMASONRY
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CEIL & WL
Rooms/PrtnsAVERAGE
Wall Height18.00
% Comn Wall 
1st Floor Use: 
Class 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 14,787 14,787
USTUtility, Storage, Unfinished 792 0
   15,579 14,787

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
MEZ2FINISHED1157.00 S.F.$43,7001
SPR1SPRINKLERS-WET14787.00 S.F.$65,8001
CLR1COOLER170.00 S.F.$10,7001
CLR1COOLER110.00 S.F.$6,9001
CLR2FREEZER TEMPS300.00 S.F.$18,9001
CLR1COOLER150.00 S.F.$9,5001
CLR2FREEZER TEMPS192.00 S.F.$12,1001
FPLGAS FPL OUTDOORS2.00 UNITS$5,4001

Land
Land Use
Use Code3260
DescriptionREST/CLUBS  
ZoneG1
Neighborhood302
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)2.27
Frontage
Depth
Assessed Value$2,084,400
Appraised Value$2,084,400

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
LT1LIGHTS-IN W/PL  16.00 UNITS$6,8001
PAV1PAVING-ASPHALT  60000.00 S.F.$90,0001
FN1FENCE-4' CHAIN  228.00 L.F.$2,3001
PAT2PATIO-GOOD  3140.00 S.F.$20,4001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$2,965,800$2,084,400$5,050,200
2024$2,965,800$2,084,400$5,050,200
2023$2,500,500$1,177,100$3,677,600

Assessment
Valuation YearImprovementsLandTotal
2025$2,965,800$2,084,400$5,050,200
2024$2,965,800$2,084,400$5,050,200
2023$2,500,500$1,177,100$3,677,600

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