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    Property profile & analytics

    199 Heater Rd Lebanon, NH 03766

    • Banks
    • 240,547 SF
    • 1.02 lot acres
    For Sale
    View listing
    $2,250,000
    Value Estimation
    Location Intelligence
    Property ID
    US58-0675997
    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

    • CG Shepherd Realty, LLC / Real Estate Agency
    • Eastman Premier Rentals / Real Estate Agency
    • H&R Block / Tax Preparation Service / Accountant
    • ATM / Atm
    • Lighthouse Credit Union / Credit Union

    Property Details for 199 Heater Rd

    Year built
    1972
    Construction
    FRAME
    Lot size
    1.02 lot acres
    Property size
    240,547 SF
    Zone code
    RO1
    Property type
    Banks
    APN
    LBAN M:64 B:32 L:
    APU
    LBANM64B32L

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,025,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,160,000
      6.5%
      $1,130,000
      7%
      $1,190,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,195,000
      Geo Method
      $1,090,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,135,000
      Retail
      $1,110,000
      Mixed-Use
      $1,165,000
      Hospitality
      $970,000
      Educational
      $1,060,000
      Residential Income
      $1,030,000
      Energy
      $1,230,000
      Income-Based Land
      $1,185,000
      Food Service
      $1,170,000

    Location Insight

    • Map
    • Local Demand
    City
    Lebanon
    County
    Grafton
    State
    New Hampshire
    Longitude
    -72.2456
    Latitude
    43.6523
    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
    $42,827
    $498,500
    $1,265,400
    $1,763,900
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      2,892 SF

      200 Heater Rd

      FINANCIAL BUILDING • 2,892 SF
      200 Heater Rd, Lebanon, NH 03766-1449
      View Details
    • Value Estimation by Request
      10,777 SF

      106 Hanover St

      FINANCIAL BUILDING • 10,777 SF
      106 Hanover St, Lebanon, NH 03766-1042
      View Details
    • Value Estimation by Request
      8,000 SF

      225 Mechanic St

      FINANCIAL BUILDING • 8,000 SF
      225 Mechanic St, Lebanon, NH 03766-1510
      View Details
    • Value Estimation by Request
      13,868 SF

      65 Park St

      FINANCIAL BUILDING • 13,868 SF
      65 Park St, Lebanon, NH 03766
      View Details
    • Value Estimation by Request
      3,111 SF

      42 Old Etna Rd

      FINANCIAL BUILDING • 3,111 SF
      42 Old Etna Rd, Lebanon, NH 03766-1987
      View Details
    • Value Estimation
      $240,000
      796 SF

      1 High St

      RETAIL STORES (PERSONAL SERVICES) • 796 SF
      1 High St, Lebanon, NH 03766-1211
      View Details

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    Similar Nearby for Lease

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      Office and retail space in riverfront complex available for rent.
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      Mixed-use facility with high visibility near Interstate 89.
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      Retail space available near Dartmouth College and Medical Center.
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    • $1,500 /Mo

      Downtown Lebanon Historic Office Space

      Affordable 1479 sq ft office space in historic building.
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      Office space available for lease in Lebanon, New Hampshire.
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    199 Heater Rd
    Lebanon, NH 03766
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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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