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Property profile & analytics
OFF-MARKET
Estimated value
$595,000
Retail properties & Spaces
17 Lebanon St Hanover, NH 03755-2125
Entity Owned
1-yr Hold
Free & Clear
Property ID
US58-0378394
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
1940
Construction
FRAME
Total area
3,922 SF
Lot
0.07 ac (3,036 SF)
Zoning code
D1
APN
HNOV M:034 B:045 L:001
UPID
US58-0378394
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
Current use
Occupant on record · Public records
-
Olivia Martin, Realtor Real Estate Agency
-
Four Seasons Sotheby's International Realty Real Estate Agency
-
Jay Farrar, VT/NH Realtor, Real Estate Agent at Four Seasons Sotheby's Int'l Realty serving Upper Valley, Hanover, Norwich Real Estate Agency
-
C&A Pizza Restaurant
-
Woodsville Guaranty Savings Bank Business Lending Office Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$605k
CAP Approach
CAP
$645k
Comparable Approach
Comparable
$538k
Blend (final)
Blend
$595k
Owner & transaction history
K C C Prop 17 L S LLC · 1 yrs held
K C C Prop 17 L S LLC
since 2024
4 recorded transactions
Zoning & alternative use
D1 · Hanover, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$795,000
+22.8%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Hanover submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hanover submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$605,000
CAP Approach
CAP Return
Estimation
6%
$695,000
6.5%
$645,000
7%
$595,000
Alternative Use
Use
Estimation
RETAIL STORES
$650,000
Current use
OFFICE BUILDING
$795,000
Change: +23% · Conversion: Easy
Blend value · Realmo final
$595k
Range $536k – $655k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$152 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$19,825
Tax year 2022
Assessed value
$1,114,400
Assessed 2022
Previous assessed
$1,114,400
+0.0% YoY
Effective rate
1.78%
On assessed value
Assessed land
$646,700
Assessed improvement
$467,700
Applied tax rate
33,860.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
1940
Construction
FRAME
Heating
HOT WATER
Buildings
1
Stories
3
Rooms
9
Bathrooms
2
Total area
3,922 SF
Lot
0.07 ac (3,036 SF)
Zoning code
D1
APN
HNOV M:034 B:045 L:001
UPID
US58-0378394
Jurisdiction
HANOVER TOWN
Zoning & alternative use
D1 · Hanover, NH
Zoning D1 · permitted uses
D1 · Hanover, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hanover. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$650,000
OFFICE BUILDING
Est. value
$795,000
RETAIL STORES Current
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1940
Construction
FRAME
Heating
HOT WATER
Stories
3
Buildings
1
Rooms
9
Bathrooms
2
Lot
0.07 ac
Current owner
From public records · entity-resolved
K C C Prop 17 L S LLC
Entity
Free & Clear · 1 yrs held
Mailing address
17 LEBANON ST STE A, HANOVER, NH 03755-2125
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2024
—
K C C Prop 17 L S LLC
Jolin M Salazar-kish T
Warranty Deed
—
Jun 27, 2024
$2,850,000
Jolin M Salazar-kish T
Elaine Georgakopoulos Ret
Warranty Deed
$250,000 · Brattleboro Savings & Loan Associat
Jun 27, 2024
—
Elaine Georgakopoulos Ret
Elaine Georgakopoulos
Warranty Deed
—
Jan 31, 2020
—
Georgakopoulos,e 2020 Trust
Elaine Georgakopoulos
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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