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Property profile & analytics
OFF-MARKET
Estimated value
$1,200,000
Medical Office Space
88 Riverside Dr Lebanon, NH 03766-2032
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US58-0388978
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2009
Construction
FRAME
Total area
3,446 SF
Lot
1.24 ac (54,014 SF)
Zoning code
RL1
APN
LBAN M:110 B:20 L:
UPID
US58-0388978
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
-
Stoney Brook Veterinary Hospital Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.19M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.20M
Owner & transaction history
Vetley Lebanon LLC · 4 yrs held
Vetley Lebanon LLC
since 2022
Last sale
$1.2M
3 recorded transactions
Zoning & alternative use
RL1 · Lebanon, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
l 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 abbrev…
Zone name
Rural Lands One
General category
AGRICULTURAL
Zone area
2,039.85 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
$1,200,000
ML approach
$1,185,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.20M
Range $1.08M – $1.32M · ±10% · vs last sale $1.20M (Jul 15 2022)
Last sale anchor
$1.20M
Jul 15 2022
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
$348 / 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
$17,229
Tax year 2023
Assessed value
$709,600
Assessed 2023
Previous assessed
$709,600
+0.0% YoY
Effective rate
2.43%
On assessed value
Assessed land
$275,400
Assessed improvement
$434,200
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2009
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
1
Bathrooms
2
Total area
3,446 SF
Lot
1.24 ac (54,014 SF)
Zoning code
RL1
APN
LBAN M:110 B:20 L:
UPID
US58-0388978
Jurisdiction
LEBANON
Zoning & alternative use
RL1 · Lebanon, NHZoning RL1 · permitted uses
RL1 · Lebanon, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
l 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. SECTION 301 ZONING MAP. 301.1 Establishment. The districts and the boundarie
Zone name
Rural Lands One
General category
AGRICULTURAL
Zone area
2,039.85 ac
Source
Current Zoning Ordinance PDF
Building & site characteristics
From public records
Year built
2009
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
1
Bathrooms
2
Lot
1.24 ac
Current owner
From public records · entity-resolved
Vetley Lebanon LLC
Entity
Mailing address
88 RIVERSIDE DR, LEBANON, NH 03766-2032
Ownership since
2022
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
Jul 15, 2022
$1,200,000
Vetley Lebanon LLC
Stoney Brk Veterinary Hos
Warranty Deed
$900,000 · Commerceone Bank
Nov 8, 2021
—
Stoney Brk Veterinary Hos
Alan Dupuis
Correction Deed
related
—
Jun 26, 2008
$185,000
Stoney Brk Vet Hosp LLC
Brousseau,linda C
Warranty Deed
$1,396,000 · Cit Small Business Lending Co
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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