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    Property profile & analytics

    15 Lilac Ln Somersworth, NH 03878-1432

    • Manufacturing properties
    • 15,000 SF
    • 2.79 lot acres
    OFF-MARKET
    Value Estimation
    $1,450,000
    Last Sale
    Apr 29, 2024
    $1,465,000
    Location Intelligence
    Property ID
    US58-0526352
    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

    • Airex / Manufacturer

    Property Details for 15 Lilac Ln

    Year built
    1999
    Construction
    STEEL FRAME
    Lot size
    2.79 lot acres
    Property size
    15,000 SF
    Zone code
    CI
    Property type
    Manufacturing properties
    APN
    SMSW M:35 B:19 L:0
    APU
    SMSWM35B19L0

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,465,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,325,000
      6.5%
      $1,415,000
      7%
      $1,510,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,395,000
      Geo Method
      $1,395,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,235,000
      Retail
      $1,605,000
      Mixed-Use
      $1,315,000
      Hospitality
      $1,375,000
      Educational
      $1,385,000
      Residential Income
      $1,485,000
      Energy
      $1,230,000
      Income-Based Land
      $1,480,000
      Food Service
      $1,620,000

    Location Insight

    • Map
    • Local Demand
    City
    Somersworth
    County
    Strafford
    State
    New Hampshire
    Longitude
    -70.8888
    Latitude
    43.2452
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN 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
    $29,646
    $130,100
    $881,700
    $1,011,800
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $475,000
      6,370 SF

      21 Interstate Dr

      MANUFACTURING (LIGHT) • 6,370 SF
      21 Interstate Dr, Somersworth, NH 03878
      View Details
    • Value Estimation by Request
      71,758 SF

      10 Interstate Dr

      MANUFACTURING (LIGHT) • 71,758 SF
      10 Interstate Dr, Somersworth, NH 03878-1209
      View Details
    • Value Estimation
      $360,000
      559 SF

      Market St

      MANUFACTURING (LIGHT) • 559 SF
      Market St, Somersworth, NH 03878
      View Details
    • Value Estimation
      $695,000
      119,481 SF

      22 Canal St

      MANUFACTURING (LIGHT) • 119,481 SF
      22 Canal St, Somersworth, NH 03878-3264
      View Details
    • Value Estimation by Request
      428,428 SF

      300 Rte 108

      MANUFACTURING (LIGHT) • 428,428 SF
      300 Rte 108, Somersworth, NH 03878
      View Details
    • Value Estimation
      $280,000
      5,498 SF

      22 Interstate Dr

      MANUFACTURING (LIGHT) • 5,498 SF
      22 Interstate Dr, Somersworth, NH 03878-1209
      View Details

    Similar Nearby for Sale

    • $895,000
      0.17 Acres

      Somersworth Commercial Property For Sale

      Class A commercial property permitted for light industrial, retail, or restaurant.
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      Somersworth Mixed-Use Development Opportunity

      Gutted building ready for transformation into a mixed-use property.
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    • $590,000
      8,240 SF

      Somersworth Medical Office Complex

      Prime Medical Office Space, 8,240 SF
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      High-Visibility Somersworth Retail Site

      Prime 4.35-acre retail property on Route 108.
      162 Nh Rte, Somersworth, NH 03878
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      8,240 SF

      Route 108 Medical Office Building

      Prime Somersworth Medical Office, 8,240 SF
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    Similar Nearby for Lease

    • $13 SF/Yr
      49,300 SF

      Somersworth NH Warehouse Space

      49,300 SF Warehouse, 17 Acres
      0 Willand Dr, Somersworth, NH 03878
      View Details
    • $15 SF/Yr

      New Industrial/Flex Space Available

      Modern industrial/flex complex with flexible unit sizes for lease.
      18 Patriot Way Patriot Way, Somersworth, NH 03878
      View Details
    • $13 SF/Yr
      49,300 SF

      High-Bay Warehouse/Distribution Space Available

      State-of-the-art warehouse/distribution space in Somersworth, NH for lease.
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      View Details
    • $12 SF/Yr
      19,360 SF

      Industrial Space with Shared Loading

      Industrial and warehouse space for lease with flexible terms.
      45 Centre Rd, Somersworth, NH 03878
      View Details
    • $16 SF/Yr
      8,240 SF

      Route 108 Somersworth Medical Office Space

      Versatile Medical/Industrial Space in Somersworth, NH
      259 Nh-108, Somersworth, NH 03878
      View Details
    • Contact for pricing
      26,400 SF

      Somersworth Warehouse - High Street

      Versatile warehouse space for lease; multiple options available.
      445 High St, Somersworth, NH 03878
      View Details
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    15 Lilac Ln
    Somersworth, NH 03878-1432
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    Realmo Value Estimation

    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.

    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.

    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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