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Property profile & analytics
OFF-MARKET
Estimated value
$10,085,000
Hotels
35 Labombard Rd, Lebanon, NH 03766-1457
Entity Owned
19-yr Hold
Free & Clear
Property ID
US58-0471465
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2017
Construction
FRAME
Total area
75,077 SF
Lot
8.97 ac (390,733 SF)
Zoning code
INDL
APN
LBAN M:64 B:21 L:
UPID
US58-0471465
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
-
Granite Mountain Ballroom Wedding Service
-
Hilton Garden Inn Hanover Lebanon Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$10.43M
Comparable Approach
Comparable
$9.74M
Blend (final)
Blend
$10.09M
Owner & transaction history
Chaloux Props LLC · 19 yrs held
Chaloux Props LLC
since 2007
3 recorded transactions
Zoning & alternative use
INDL · Lebanon, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$7.6M
+29.4%
Auto repair, garage
$7.4M
+26.3%
Retail stores
$6.7M
+13.9%
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%
$11,300,000
6.5%
$10,430,000
7%
$9,685,000
Alternative Use
Use
Estimation
RESTAURANT
$7,625,000
Change: +29% · Conversion: Difficult
AUTO REPAIR, GARAGE
$7,440,000
Change: +26% · Conversion: Difficult
RETAIL STORES
$6,715,000
Change: +14% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$6,570,000
Change: +11% · Conversion: Difficult
COMMERCIAL (GENERAL)
$6,565,000
Change: +11% · Conversion: Difficult
Blend value · Realmo final
$10.09M
Range $9.08M – $11.09M · ±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
$134 / 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
$347,109
Tax year 2023
Assessed value
$14,296,100
Assessed 2023
Previous assessed
$14,296,100
+0.0% YoY
Effective rate
2.43%
On assessed value
Assessed land
$1,012,400
Assessed improvement
$13,283,700
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
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2017
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
4
Units
1
Bathrooms
104
Total area
75,077 SF
Lot
8.97 ac (390,733 SF)
Zoning code
INDL
APN
LBAN M:64 B:21 L:
UPID
US58-0471465
Jurisdiction
LEBANON
Zoning & alternative use
INDL · Lebanon, NH
Zoning INDL · permitted uses
INDL · Lebanon, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lebanon. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$7.6M
AUTO REPAIR, GARAGE
Est. value
$7.4M
RETAIL STORES
Est. value
$6.7M
INDUSTRIAL (GENERAL)
Est. value
$6.6M
COMMERCIAL (GENERAL)
Est. value
$6.6M
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
INDUSTRIAL (GENERAL)
COMMERCIAL (GENERAL)
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
2017
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
4
Buildings
1
Units
1
Bathrooms
104
Lot
8.97 ac
Current owner
From public records · entity-resolved
Chaloux Props LLC
Entity
Free & Clear · 19 yrs held
Mailing address
1359 HOOKSETT RD, HOOKSETT, NH 03106-1809
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 15, 2017
—
Route 120 Hotel LLC
—
Deed
related
$17,150,000 · Mascoma Svgs
Jan 8, 2007
$586,100
Chaloux Props LLC
Campion,james W 4th
Warranty Deed
—
—
—
Route 120 Hotel LLC
—
Deed Of Trust
related
$17,150,000 · Mascoma Svgs
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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