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Property profile & analytics
OFF-MARKET
Estimated value
$2,195,000
Turn key restaurants
45 Hanover St, Lebanon, NH 03766-1348
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US58-0406430
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1987
Construction
STEEL FRAME
Total area
70,758 SF
Lot
0.22 ac (9,583 SF)
Zoning code
LD
APN
LBAN M:91 B:238 L:
UPID
US58-0406430
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
-
Infinity: Brazilian Jiu-Jitsu | Kickboxing | Wrestling Training Center Sports School
-
Peking Tokyo Restaurant
-
Revo Casino and Social House Hotel & Motel Resort
-
Stone Smith Movement Physician Alternative Medicine Practice
-
EcoClean Earth Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.19M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.20M
Owner & transaction history
Lebanon V P LLC · 1 yrs held
Lebanon V P LLC
since 2025
Last sale
$2.2M
3 recorded transactions
Zoning & alternative use
LD · 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
$1,790,000
ML approach
$2,190,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.20M
Range $1.98M – $2.41M · ±10% · vs last sale $2.20M (Mar 6 2025)
Last sale anchor
$2.20M
Mar 6 2025
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
$31 / 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
$27,730
Tax year 2023
Assessed value
$1,142,100
Assessed 2023
Previous assessed
$875,900
+30.4% YoY
Effective rate
2.43%
On assessed value
Assessed land
$239,500
Assessed improvement
$902,600
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1987
Construction
STEEL FRAME
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
1
Units
4
Bathrooms
2
Total area
70,758 SF
Lot
0.22 ac (9,583 SF)
Zoning code
LD
APN
LBAN M:91 B:238 L:
UPID
US58-0406430
Jurisdiction
LEBANON
Zoning & alternative use
LD · Lebanon, NH
Zoning LD · permitted uses
LD · 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
1987
Construction
STEEL FRAME
Heating
HOT WATER
Cooling
Yes
Stories
1
Buildings
1
Units
4
Bathrooms
2
Lot
0.22 ac
Current owner
From public records · entity-resolved
Lebanon V P LLC
Entity
Mailing address
PO BOX 52, LEBANON, NH 03766-0052
Ownership since
2025
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
Mar 6, 2025
$2,200,000
Lebanon V P LLC
Kritikos Properties INC
Warranty Deed
$1,075,000 · Mascoma Bank
Mar 6, 2025
—
Lebanon Vp LLC
—
Deed
related
$883,000 · Granite State Economic Development Corp
May 14, 2010
—
Kritikos Properties INC
—
Deed Of Trust
related
$100,000 · 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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