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Property profile & analytics
OFF-MARKET
Medical Office Space
206 Heater Rd Lebanon, NH 03766-1449
Entity Owned
Absentee Owner
Free & Clear
Property ID
US58-0174803
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1955
Construction
FRAME
Total area
1,264 SF
Lot
0.74 ac (32,234 SF)
Zoning code
RO1
APN
LBAN M:64 B:15 L:
UPID
US58-0174803
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
-
Family Dentistry / Thomas A. Johnston, DMD Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
A D MCKIBBIN JR
A D MCKIBBIN JR
Zoning & alternative use
RO1 · Lebanon, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
ndustrial Rail Access IND-H Heavy Industrial GC General Commercial GC-1 General Commercial One CB Central Business LD Lebanon Downtown R-1 Residential One R-2 Residential Two R-3 Residential Three R-O Residential-Office R-O-1 Residential-Office-One PB Professional Business RL-1 Rural Lands One RL-2 Rural Lands Two RL-3 Rural Lands Three MC Medical Center Eac…
Zone name
Residential Office One
General category
MIXED_USE
Zone area
36.00 ac
Source
Current Zoning Ordinance PDF
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 Lebanon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lebanon 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2023Property tax & assessments
Tax year 2023
Tax billed
$14,325
Tax year 2023
Assessed value
$590,000
Assessed 2023
Previous assessed
$590,200
0.0% YoY
Effective rate
2.43%
On assessed value
Assessed land
$447,900
Assessed improvement
$142,100
Applied tax rate
41,300.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1955
Construction
FRAME
Heating
HOT WATER
Buildings
1
Stories
1
Units
1
Bathrooms
2
Total area
1,264 SF
Lot
0.74 ac (32,234 SF)
Zoning code
RO1
APN
LBAN M:64 B:15 L:
UPID
US58-0174803
Jurisdiction
LEBANON
Zoning & alternative use
RO1 · Lebanon, NHZoning RO1 · permitted uses
RO1 · Lebanon, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
ndustrial Rail Access IND-H Heavy Industrial GC General Commercial GC-1 General Commercial One CB Central Business LD Lebanon Downtown R-1 Residential One R-2 Residential Two R-3 Residential Three R-O Residential-Office R-O-1 Residential-Office-One PB Professional Business RL-1 Rural Lands One RL-2 Rural Lands Two RL-3 Rural Lands Three MC Medical Center Each district may be referred to by its respective abbreviation. SECTION 301 ZONING MAP.
Zone name
Residential Office One
General category
MIXED_USE
Zone area
36.00 ac
Source
Current Zoning Ordinance PDF
Building & site characteristics
From public records
Year built
1955
Construction
FRAME
Heating
HOT WATER
Stories
1
Buildings
1
Units
1
Bathrooms
2
Lot
0.74 ac
Current owner
From public records · entity-resolved
A D MCKIBBIN JR
Individual
Free & Clear · 0 yrs held
Mailing address
3 BAY DR, ENFIELD, NH 03748-3564
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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