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    Property profile & analytics

    242 Mechanic St Lebanon, NH 03766-2613

    • Retail space
    • 4,400 SF
    • 1.15 lot acres
    OFF-MARKET
    Value Estimation
    $410,000
    Last Sale
    Jan 20, 2023
    $500,000
    Location Intelligence
    Property ID
    US58-0315602
    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

    • O'Reilly Auto Parts / Car Battery Store / Car Repair And Maintenance Service

    Property Details for 242 Mechanic St

    Year built
    1930
    Construction
    STEEL FRAME
    Lot size
    1.15 lot acres
    Property size
    4,400 SF
    Zone code
    GC
    Property type
    Retail space
    APN
    LBAN M:104 B:9 L:
    APU
    LBANM104B9L

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $390,000

    • CAP approach

      CAP return
      Estimation
      6%
      $465,000
      6.5%
      $435,000
      7%
      $410,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $435,000
      Geo Method
      $440,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $505,000
      Retail
      $495,000
      Mixed-Use
      $500,000
      Hospitality
      $490,000
      Educational
      $505,000
      Residential Income
      $385,000
      Energy
      $525,000
      Income-Based Land
      $505,000
      Food Service
      $480,000

    Location Insight

    • Map
    • Local Demand
    City
    Lebanon
    County
    Grafton
    State
    New Hampshire
    Longitude
    -72.2747
    Latitude
    43.6387
    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
    $14,777
    $379,400
    $229,200
    $608,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $240,000
      796 SF

      1 High St

      RETAIL STORES (PERSONAL SERVICES) • 796 SF
      1 High St, Lebanon, NH 03766-1211
      View Details
    • Value Estimation
      $260,000
      1,940 SF

      45 Mechanic St

      RETAIL STORES (PERSONAL SERVICES) • 1,940 SF
      45 Mechanic St, Lebanon, NH 03766
      View Details
    • Value Estimation by Request
      8,880 SF

      187 Mechanic St

      RETAIL STORES (PERSONAL SERVICES) • 8,880 SF
      187 Mechanic St, Lebanon, NH 03766-1509
      View Details
    • Value Estimation
      $300,000
      4,782 SF

      65 Riverside Dr

      RETAIL STORES (PERSONAL SERVICES) • 4,782 SF
      65 Riverside Dr, Lebanon, NH 03766-2033
      View Details
    • Value Estimation
      $140,000
      1,722 SF

      55 Hanover St

      RETAIL STORES (PERSONAL SERVICES) • 1,722 SF
      55 Hanover St, Lebanon, NH 03766-1272
      View Details
    • Value Estimation by Request
      12,865 SF

      24 Hanover St

      RETAIL STORES (PERSONAL SERVICES) • 12,865 SF
      24 Hanover St, Lebanon, NH 03766-1334
      View Details

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    Similar Nearby for Lease

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      3,865 SF

      Renovated Mill Office and Retail

      Office and retail space in riverfront complex available for rent.
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      View Details
    • Contact for pricing
      4,162 SF

      Retail Space Near Dartmouth College

      Retail space available near Dartmouth College and Medical Center.
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      View Details
    • $14 SF/Yr
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      Office/Retail Space Near I-89

      Mixed-use facility with high visibility near Interstate 89.
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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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    • $10 SF/Yr
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      Downtown Lebanon Lower Level Office

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    • $19 SF/Yr
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      Lebanon Office Space For Rent

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      View Details

    Property Visit Statistics

    • Visits by month
      2.3k
    • Visitors by month
      2.6k
    • Avg Time on site
      39 min
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    Lebanon, NH 03766-2613
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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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