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Financial
Distress signals
Property profile

24 Lexington Dr Laconia, NH 03246

FOR LEASE
Other commercial real estate
Property ID
US58-0412285
25,600 SF Built 1981
Last sale Jul 2023 · $2,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a warehouse space totaling 5,148 square feet within a building constructed in 1980. It is fully heated and air conditioned and provides more than 20 feet of clear interior height for storage and industrial-related uses. A large overhead drive-in door offers direct loading and unloading access. The site is located at 24 Lexington Drive #2 in Laconia, New Hampshire, and the property is zoned IP.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$9k
Tax billed · 2023
Assessed value$648k
Assessed improvement$648k
Effective rate1.39%

Value estimate

· Oct 2026
$1.94M
$1.75M – $2.13M
AI approach$1.97M
Submarket $/SF estimate$1.94M
NOI build-up
Gross scheduled income$67k
Vacancy & credit loss−$5k
Operating expenses−$9k
NOI · 376,721.43% cap applied$53k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$160/SF
ZIP average, outlier-cleaned · 43 recorded sales of this use type
Observed band · Q1–Q3$76 – $265

Cap rate analysis

How does the asset earn?
376,721.43%
$53k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C
This district is intended to provide an area for those commercial or restricted industrial facilities with an attraction and customer ser...
General categoryINDUSTRIAL
JurisdictionLACONIA CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency20.7
Restaurant18.5
Auto Repair Shop16.0

Location

24 Lexington Dr Laconia, NH 03246
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
48 Winnisquam, Laconia, NH 03246-3347 $175,000 Feb 2025 30,957 SF
14 Lexington, Laconia, NH 03246-3946 $2,500,000 Jul 2023 25,656 SF
623 Un, Laconia, NH 03246-2546 $1,725,000 Jun 2023 14,260 SF
59 Bisson, Laconia, NH 03246-2704 $1,725,000 Jun 2023 46,544 SF
724 Main, Laconia, NH 03246-2742 $4,805,000 Dec 2021 19,477 SF
72 Lndg, Laconia, NH 03246-3307 $4,985,000 May 2021 37,058 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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