Property profile

22 School St Lebanon, NH 03766

OFF-MARKET
Other investment properties
Property ID
US58-0363593
10,248 SF 0.99 ac lot Built 1838
Entity Owned 13-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

The property consists of four-to-five shovel-ready pad sites (including PAD 2, PAD 3, PAD 4, and PAD 5), each with full utilities and road access, designed for development as separate pads. PAD 2 (51-11) provides approximately 2.0 acres, PAD 3 provides approximately 2.3 acres, PAD 4 provides approximately 2.55 acres, and PAD 5 (64-25) provides approximately 2.85 acres. The site is located off the access road to a Hilton Garden Inn and Conference Center on Route 120, positioned near a Dartmouth Coach executive bus terminal, with visibility tied to Route 120 traffic estimated at approximately 20,000 vehicles per day. The surrounding area is influenced by major regional employers and institutions including DHMC (Dartmouth Health/medical complex), Dartmouth College, Hypertherm, Fujifilm, and other engineering and biotech firms.

Property profile

Verified
Property type Other investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1838
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 10,248 SF
Lot 0.99 ac (43,124 SF)
Zoning code RO
APN LBAN M:92 B:2 L:
UPID US58-0363593

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • High School Daycare Center

Location

22 School St Lebanon, NH 03766-1651
Lebanon metro Census 961802 LEBANON, NH-VT MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$450k
CAP Approach CAP
by Request
Comparable Approach Comparable
$738k
Blend (final) Blend
$450k

Owner & transaction history

since 2012
6 recorded transactions
2018
Price N/A
2018
Price N/A
2012
$400,000
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

RO · Lebanon, NH
Zoning description

ght Industrial IND-RA Industrial 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…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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