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Property profile & analytics
OFF-MARKET
Estimated value
$800,000
Office buildings
29 School St Lebanon, NH 03766-1636
Individually Owned
27-yr Hold
~
Est. High Equity
Property ID
US58-0337547
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1830
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,784 SF
Lot
0.78 ac (33,977 SF)
Zoning code
RO
APN
LBAN M:92 B:222 L:
UPID
US58-0337547
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
-
Baker & Hayes Law Firm
-
Hydrate Marketing Advertising Agency Marketing & Advertising
-
The Wealth Conservatory Financial Advisor
-
M. J. Toon Construction Construction Company
-
Mimi Hains Photography Photography Service (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$800k
Owner & transaction history
C Nicholas Burke · 27 yrs held
C Nicholas Burke
since 1998
4 recorded transactions
Zoning & alternative use
RO · Lebanon, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 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 Thre…
Zone name
Residential Office
General category
MIXED_USE
Zone area
41.41 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,175,000
Current use
RETAIL STORES
$960,000
Change: -19% · Conversion: Moderate
Blend value · Realmo final
$800k
Range $720k – $880k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$138 / SF
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
$24,027
Tax year 2023
Assessed value
$989,600
Assessed 2023
Previous assessed
$989,800
0.0% YoY
Effective rate
2.43%
On assessed value
Assessed land
$294,900
Assessed improvement
$694,700
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1830
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
STEAM
Buildings
1
Stories
2
Units
4
Bathrooms
4
Total area
5,784 SF
Lot
0.78 ac (33,977 SF)
Zoning code
RO
APN
LBAN M:92 B:222 L:
UPID
US58-0337547
Jurisdiction
LEBANON
Zoning & alternative use
RO · Lebanon, NHZoning RO · permitted uses
RO · Lebanon, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
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 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
Zone name
Residential Office
General category
MIXED_USE
Zone area
41.41 ac
Source
Current Zoning Ordinance PDF
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.2M
RETAIL STORES
Est. value
$960,000
OFFICE BUILDING Current
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1830
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
STEAM
Stories
2
Buildings
1
Units
4
Bathrooms
4
Lot
0.78 ac
Current owner
From public records · entity-resolved
C Nicholas Burke
Individual
Mailing address
PO BOX 524, LEBANON, NH 03766-0524
Ownership since
1998
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 19, 2012
—
Patrick T Hayes
—
Deed Of Trust
related
$442,000 · Mascoma Savings Bank
Jul 20, 2007
—
Patrick T Hayes
—
Deed Of Trust
related
$437,000 · Mascoma Savings Bank
Jan 10, 2005
—
Patrick T Hayes
—
Deed Of Trust
related
$360,000 · Lake Sunapee Bank Nh
Dec 7, 1998
$410,000
C Nicholas Burke
William A Baker Revoc
Warranty Deed
$307,500 · Lake Sunapee Bank Nh
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.
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