Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    00 White Mountain Hwy Conway, NH 03860

    Sponsored
    For Sale
    $1,800,000

    Commercial For Sale - Conway, NH

    Lot size:
    9.49 Acres
    Days on Market:
    309
    Last Refresh:
    Feb 2 at 11:06 am

    Property Features for 00 White Mountain Hwy

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commerical
    Lot size
    9.49 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Greydon Turner
    Greydon Turner

    Pinkham Real Estate (603) 356-5425

    Listing agent Greydon Turner (603) 356-5425

    Listing date Mar 31, 2025

    MLS# 5034080 Listing URL

    Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Conway Commercial Land For Sale

    This nearly 10-acre lot is located just outside of North Conway, providing convenient access to Route 16/302. Situated next to Maine Healthcare/Memorial Hospital, the property benefits from high traffic counts, ensuring visibility and access. The property is zoned commercial and has potential uses including office park, retail complex or residential development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Discount Store Home Appliance Store Carpet & Flooring Store Breakfast Locksmith Shoe Store Farmer's Market Fish Market Butcher Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Conway
    County
    Carroll
    State
    New Hampshire
    Longitude
    -71.1389257
    Latitude
    44.0766693

    Nearby Similar for Sale

    • New
      $1,499,000
      4,162 SF

      Luxury Apartments with Mountain Views

      Meticulously upgraded apartments with mountain views and modern amenities.
      3465 White Mountain Hwy, Conway, NH 03860
      View Details
    • New
      $1,499,000
      0.82 Acres

      Luxury Apartments with Mountain Views

      Luxury rental property with mountain views and modern amenities.
      3465 White Mountain Hwy, Conway, NH 03860
      View Details
    • $899,000
      0.39 Acres

      Versatile Commercial Building in Conway

      Multi-use building with diverse rental income potential in Conway Village.
      24 Pleasant St, Conway, NH 03818
      View Details
    • $975,000
      3,056 SF

      Renovated Multi-Family Home Near Cranmore

      Renovated, furnished multi-family home with mountain views and rental potential.
      970 Kearsarge Rd, Conway, NH 03860
      View Details
    • $1,100,000
      7,650 SF

      Mixed-Use Investment Opportunity, Conway, NH

      Mixed-use property with apartments, commercial space, and storage units.
      6 Main St, Conway, NH 03818
      View Details
    • $1,100,000
      0.78 Acres

      Mixed-Use Investment Opportunity, Conway, NH

      Mixed-use property with apartments, commercial space, and storage units.
      6 Main St, Conway, NH 03818
      View Details
    • $850,000
      3,324 SF

      Spacious Multi-Family Home Near Skiing

      Expansive property with in-law apartment near shopping and ski slopes.
      85 Amethyst Hl Rd, Conway, NH 03860
      View Details
    • $1,475,000
      1.62 Acres

      Authentic Irish Bar & Restaurant

      Turn-key Irish bar and restaurant with expansion potential.
      3002 White Mountain Hwy, Conway, NH 03860
      View Details
    • $825,000
      3.58 Acres

      Conway Office Suites For Sale

      Office suites with meeting spaces, kitchenette, and ample parking.
      53 Technology Ln, Conway, NH 03818
      View Details
    • $4,400,000
      0.54 Acres

      Boutique Spa/Wellness Hotel Opportunity

      Scandinavian-inspired spa/wellness hotel in North Conway, New Hampshire for sale.
      2906 White Mountain Hwy, Conway, NH 03860
      View Details
    • $1,250,000
      0.37 Acres

      Scenic Inn For Sale

      Fourteen-room lodging establishment in Conway, New Hampshire.
      17 Wilder St, Conway, NH 03818
      View Details
    • $1,200,000
      12.59 Acres

      Versatile Warehouse and Production Facility

      Adaptable buildings for manufacturing, distribution, or mixed-use business operations.
      1467 East Main St, Conway, NH 03813
      View Details

    FAQs

    What type of property is this?
    Commercial land - 9.49-acre commercial land near Route 16/302 and Memorial Hospital.
    Where is this commercial land located?
    The property is located at 00 White Mountain Hwy Conway, NH.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: - Large 10-acre lot offers ample space.; - Located just outside of North Conway.; - Easy access to Route 16/302.
    (603) 356-5425
    Request Owner's contact information
    00 White Mountain Hwy Conway, NH 03860
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    00 White Mountain Hwy
    Conway, NH 03860
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    00 White Mountain Hwy Conway, NH 03860
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Greydon Turner
    Greydon Turner
    (603) 356-5425
    Learn more
    Google sign-in failed. Please try again or use another login method.