Financial
Distress signals
Property profile

24 Lexington Dr Laconia, NH 03246

FOR LEASE
Other commercial real estate
Property ID
US58-0412285
25,600 SF Built 1981
Last sale Jul 2023 · $2,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Warehouse unit #2 at 24 Lexington Drive in Laconia, New Hampshire comprises 5,148 square feet in a building constructed in 1980. The interior space is fully heated and air conditioned and provides more than 20 feet of clear height for storage or light industrial uses. Access is provided by a large overhead drive-in door for loading and unloading. The property is located in an IP-zoned area and is configured as a practical warehouse/industrial space with climate control, high-clearance volume, and direct drive-in access.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$9k
Tax billed · 2023
Assessed value$648k
Assessed improvement$648k
Effective rate1.39%

Value estimate

· Sep 2026
$1.94M
$1.75M – $2.13M
AI approach$1.97M
Sales comparison$1.94M
NOI build-up
Gross scheduled income$67k
Vacancy & credit loss−$5k
Operating expenses−$9k
NOI · 376,721.43% cap applied$53k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$160/SF
ZIP average, outlier-cleaned · 43 recorded sales of this use type
Observed band · Q1–Q3$76 – $265

Cap rate analysis

How does the asset earn?
376,721.43%
$53k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C
This district is intended to provide an area for those commercial or restricted industrial facilities with an attraction and customer ser...
General categoryINDUSTRIAL
JurisdictionLACONIA CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency20.7
Restaurant18.5
Auto Repair Shop16.0

Location

24 Lexington Dr Laconia, NH 03246
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
48 Winnisquam, Laconia, NH 03246-3347 $175,000 Feb 2025 30,957 SF
14 Lexington, Laconia, NH 03246-3946 $2,500,000 Jul 2023 25,656 SF
623 Un, Laconia, NH 03246-2546 $1,725,000 Jun 2023 14,260 SF
59 Bisson, Laconia, NH 03246-2704 $1,725,000 Jun 2023 46,544 SF
724 Main, Laconia, NH 03246-2742 $4,805,000 Dec 2021 19,477 SF
72 Lndg, Laconia, NH 03246-3307 $4,985,000 May 2021 37,058 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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