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Property profile & analytics
OFF-MARKET
Estimated value
$5,425,000
Super regional malls
422 Miracle Mile, Lebanon, NH 03766
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US58-0313674
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1988
Construction
STEEL FRAME
Total area
30,584 SF
Lot
3.47 ac (151,153 SF)
Zoning code
GC
APN
LBAN M:103 B:3 L:
UPID
US58-0313674
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.41M
CAP Approach
CAP
$7.03M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.43M
Owner & transaction history
422 Miracle Mile Prop LLC · 4 yrs held
422 Miracle Mile Prop LLC
since 2021
Last sale
$4.6M
4 recorded transactions
Zoning & alternative use
GC · Lebanon, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$5,590,000
ML approach
$5,405,000
CAP Approach
CAP Return
Estimation
6%
$7,615,000
6.5%
$7,030,000
7%
$6,525,000
Blend value · Realmo final
$5.43M
Range $4.88M – $5.97M · ±10% · vs last sale $4.55M (Dec 23 2021)
Last sale anchor
$4.55M
Dec 23 2021
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
$177 / 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
$110,879
Tax year 2023
Assessed value
$4,566,700
Assessed 2023
Previous assessed
$4,566,700
+0.0% YoY
Effective rate
2.43%
On assessed value
Assessed land
$1,695,900
Assessed improvement
$2,870,800
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
1988
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
11
Bathrooms
11
Total area
30,584 SF
Lot
3.47 ac (151,153 SF)
Zoning code
GC
APN
LBAN M:103 B:3 L:
UPID
US58-0313674
Jurisdiction
LEBANON
Zoning & alternative use
GC · Lebanon, NH
Zoning GC · permitted uses
GC · 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.
Building & site characteristics
From public records
Year built
1988
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
11
Bathrooms
11
Lot
3.47 ac
Current owner
From public records · entity-resolved
422 Miracle Mile Prop LLC
Entity
Mailing address
PO BOX 746, HANOVER, NH 03755-0746
Ownership since
2021
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
Dec 23, 2021
$4,550,000
422 Miracle Mile Prop LLC
Div Miracle Mile LLC
Warranty Deed
$5,587,500 · Bar Harbor Bank & Trust Co
Dec 4, 2017
$5,000,000
Div Miracle Mile LLC
Windalier Miracle Mile LLC
Warranty Deed
—
Jul 2, 2010
—
Miracle Mile Windalier
—
Deed Of Trust
related
$1 · Peoples Bank
Jul 10, 2000
$2,000,000
Miracle Mile Windalier
Nb Dev
Warranty Deed
$11,670,000 · Pw Real Estate Inv
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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