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    Property profile & analytics

    85 Mechanic St Lebanon, NH 03766

    • Office Properties & Spaces
    • 16,125 SF
    For Lease
    View listing
    $16 SF/Yr
    Value Estimation
    $390,000
    Location Intelligence
    Property ID
    US58-0373792
    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

    • Creative Lighting Designs / Lighting Store
    • Plant Nanny Co / Manufacturer
    • Leah Abrahamsen / Social Worker / Practitioner Service Location
    • New England Beauty & Wellness / Beauty Salon
    • Barbra Lurie, MA / Counselor

    Property Details for 85 Mechanic St

    Year built
    1881
    Property size
    16,125 SF
    Zone code
    GC
    Property type
    Office Properties & Spaces
    APN
    LBAN M:106 B:46 L:907
    APU
    LBANM106B46L907

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $370,000

    • CAP approach

      CAP return
      Estimation
      6%
      $420,000
      6.5%
      $415,000
      7%
      $445,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $450,000
      Geo Method
      $375,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $385,000
      Retail
      $395,000
      Mixed-Use
      $430,000
      Hospitality
      $450,000
      Educational
      $380,000
      Residential Income
      $435,000
      Energy
      $335,000
      Income-Based Land
      $375,000
      Food Service
      $440,000

    Location Insight

    • Map
    • Local Demand
    City
    Lebanon
    County
    Grafton
    State
    New Hampshire
    Longitude
    -72.2578
    Latitude
    43.6383
    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
    $11,351
    $0.00
    $467,500
    $467,500
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      108.45 Acres

      12A Rte

      Land • 650,000 SF
      12A Rte, Lebanon, NH 03766
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    • Value Estimation by Request
      30,745 SF

      20 Park St

      OFFICE BUILDING • 30,745 SF
      20 Park St, Lebanon, NH 03766-1378
      View Details
    • Value Estimation
      $1,065,000
      5,115 SF

      2 Campbell St

      MEDICAL BUILDING • 5,115 SF
      2 Campbell St, Lebanon, NH 03766-1304
      View Details
    • Value Estimation
      $660,000
      3,902 SF

      254 Dartmouth College Hwy

      OFFICE BUILDING • 3,902 SF
      254 Dartmouth College Hwy, Lebanon, NH 03766-1170
      View Details
    • Value Estimation
      $550,000
      6,521 SF

      79 Hanover St

      OFFICE BUILDING • 6,521 SF
      79 Hanover St, Lebanon, NH 03766-1000
      View Details
    • Value Estimation by Request
      4,767 SF

      6 Park St

      OFFICE BUILDING • 4,767 SF
      6 Park St, Lebanon, NH 03766-6323
      View Details

    Similar Nearby for Sale

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      Lebanon Office Space For Sale

      Office space available for purchase in Lebanon, New Hampshire.
      252 Mechanic St, Lebanon, NH 03766
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    • $299,000
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      Lebanon Land with Existing Well

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      Lebanon Investment Property For Sale

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      Lebanon, NH Specialty Property

      Specialty property available for sale in Lebanon, New Hampshire.
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    Similar Nearby for Lease

    • $16 SF/Yr
      3,865 SF

      Renovated Mill Office and Retail

      Office and retail space in riverfront complex available for rent.
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    • $1,500 /Mo

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      Affordable 1479 sq ft office space in historic building.
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      Lebanon Office Space For Rent

      Office space available for lease in Lebanon, New Hampshire.
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    • $10 SF/Yr
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      Downtown Lebanon Lower Level Office

      1,800+/- SF office space in downtown Lebanon, NH.
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    • $12 SF/Yr
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      Office Space Available For Rent

      Office space available for rent with 860 square feet.
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    • $14 SF/Yr
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      Office/Retail Space Near I-89

      Mixed-use facility with high visibility near Interstate 89.
      103 Hanover St, Lebanon, NH 03766
      View Details
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    85 Mechanic St
    Lebanon, NH 03766
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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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