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Insulated Metal Garage Building

23 Summit View Drive Tamworth, NH 03886

23 Summit View Drive, Tamworth, NH, 03886
$417,000
For Sale
Under Contract
$417,000

LAND - Tamworth, NH

Property Size1,500 SF
Lot Size1.17 Acres
Price / SF$278
Days on Market85

Property Features for 23 Summit View Drive

General Information

Property type
Land
Property subtype
Other
Zoning
01 - TAMWORTH
Standard status
Active Under Contract
Lot size
1.17 Acres

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
1611

Utilities

Utilities
Cable Available
Sewer type
Septic Needed
Water source
Well Needed
Listing Agency KW Coastal and Lakes & Mountains Realty/Wolfeboro
136 South Main St., Portsmouth, NH
Listed by Adam Dow
Added: Apr 23 Checked: Jul 16 at 6:06 pm
MLS# 5085075 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.


Investment Insights

Based on property information with market context.

This for-sale site includes a brand-new insulated metal garage building on a 1.17-acre lot. The structure has a 30’ x 50’ footprint and provides approximately 1,500 square feet of enclosed space, with three bay doors (two 12’ x 12’ doors and one 14’ x 12’ door). A covered pedestrian door is also on-site, and the property is fenced and gated for added privacy and security.

The lot offers major road frontage on NH Route 25. The public remarks cite an opportunity to clear sight lines for business visibility, and the property is described as being less than one mile from Club Motorsports. Zoning is listed as 01 - TAMWORTH, and an approved septic plan is in place.

Built for flexible use, the seller notes the site can support commercial, residential, or a combination approach, including a business venture, toy garage, or a home with additional outbuilding space. With the garage already in place and site approvals for septic completed, the property may fit buyers looking for a ready-to-develop footprint on a fenced, gated parcel with direct highway frontage. The seller is also open to owner financing.

Key Highlights

  • 1.17‑acre lot with major road frontage on NH Route 25 for commercial and/or residential use
  • Brand new insulated metal garage building: 30' x 50' (1,500 SF) with covered pedestrian door
  • Garage has 3 bay doors: two 12' x 12' and one 14' x 12'

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $18.7k $12.48
− Vacancy −$1.3k −$0.87
EGI $17.4k $11.61
− OpEx −$2.6k −$1.74
NOI $14.8k $9.87
1,500 SF · lease $12.48/SF/yr · vacancy 7.00% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$211.4K
$185.0K – $246.6K (±1% cap)
NOI $14,798 @ 7.0% cap · market cap 3.55%
Second Best
Industrial
$175.0K
$153.2K – $204.2K (±1% cap)
NOI $12,252 @ 7.0% cap · market cap 2.94%
Theoretical Best
Office A
$374.5K
$327.7K – $437.0K (±1% cap)
NOI $26,218 @ 7.0% cap · market cap 6.29%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Residential land & home ...

Similar Off Market Nearby

  • Whittier Place Storage — 166 Whittier Rd, Tamworth, NH 03886

FAQs

What type of property is this?
Warehouse - A brand-new, fenced and gated insulated metal garage on 1.17 acres with highway frontage and approved septic plan.
Where is this warehouse located?
The property is located at 23 Summit View Drive Tamworth, NH.
What is the asking price?
The asking price for this property is $417,000.
What are key features of this property?
This property features: 1.17‑acre lot with major road frontage on NH Route 25 for commercial and/or residential use; Brand new insulated metal garage building: 30' x 50' (1,500 SF) with covered pedestrian door; Garage has 3 bay doors: two 12' x 12' and one 14' x 12'
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