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    Campton Multi-Family Investment Opportunity Title is generated by Realmo AI

    399 NH Route 49, Campton, NH 03223

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    Claim this Listing
    For Sale
    $499,900

    Multi-Family - Campton, NH

    Property size:
    2,520 SF
    Lot size:
    1.47 Acres
    Price / SF:
    $198/SF
    Added:
    Feb 9, 2026
    Days on Market:
    96
    Last Refresh:
    May 16 at 8:06 pm

    Property Features for 399 NH Route 49

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    Commercial
    Rooms
    Basement
    Parking features
    Paved or Surfaced
    EntryLevel
    Unit 4: 1,Unit 6: 1,Unit 5: 1,Unit 1: 1,Unit 2: 1,Unit 3: 1,Unit 7: 2
    Basement Y/N
    1
    Appliances
    Refrigerator
    Standard status
    Active
    Size
    2,520 SF
    Lot size
    1.47 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    7465

    Utilities

    Heating system
    Baseboard, Hot Water (Heating), Oil
    Cooling system
    Zoned

    Building Details

    Year built
    2004
    Floors in Building
    1.5
    Number of units
    7
    Flooring type
    Carpet, Vinyl
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Lorna Platts Sirois

    Listing agent Lorna Platts Sirois

    Listing office Old Mill Properties REALTORS 507 Lake Street, Bristol, NH

    Listing date Feb 9, 2026

    MLS# 5076093 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.

    HighLights

    • Positive cash flow from a tenant‑occupied commercial office building.
    • Approved plans for a residential addition with three garages and three two‑bedroom rental units.
    • Prime location in the White Mountains, less than a mile from I‑93, Exit 28.
    • First floor handicap accessibility, common conference room, kitchen, and two baths.
    • Village Overlay Zoning and proximity to Owl's Nest Resort.
    • Potential to convert to entirely residential use with septic upgrade.

    Overview

    Located in the heart of the White Mountains, along the Gateway to Waterville Valley and less than a mile from I-93, Exit 28, this meticulously maintained two-level commercial building offers a prime investment opportunity. The property, situated in a thriving commercial district with Village Overlay Zoning near Owl's Nest Resort, is partially tenant-occupied and ready to generate income from seven private office suites. The first floor features handicap accessibility, a common conference room, a kitchen, and two baths, along with six private office spaces. The second level includes an expansive private office suite and sitting area. The 2,520 square foot building is situated on a 1.47-acre lot. The layout is suitable for medical, dental, therapist, or professional office use, or it can continue to be used as an income investment property. Approvals have been secured for a residential addition featuring three garages and three two-bedroom rental units, offering potential for future growth. The property is located within walking distance to nearby stores and restaurants. A new owner could upgrade the septic and convert to residential, offering flexibility for an owner-occupant or investor. The property can be easily converted to entirely residential.

    Financial Insights

    Value Estimation Calculated for Healthcare Medical

    Conservative
    $378.9K
    NOI $34,102 @ 9.00% cap · cautious / downside scenario
    Moderate
    $487.2K
    NOI $34,102 @ 7.00% cap · market / base-case scenario
    Aggressive
    $682.0K
    NOI $34,102 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    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.
         Calculated for Healthcare Medical

    Component $ $/SF
    Gross rent $63.5k $25.20
    − Vacancy −$6.7k −$2.65
    EGI $56.8k $22.55
    − OpEx −$22.7k −$9.02
    NOI $34.1k $13.53
    2,520 SF · lease $25.20/SF/yr · vacancy 10.50% · expense 40.00%

    Alternative Use Scenarios

    Best Use
    Healthcare Medical
    $487.2K
    $426.3K – $568.4K (±1% cap)
    NOI $34,102 @ 7.0% cap · market cap 6.82%
    Second Best
    Office B
    $435.4K
    $381.0K – $508.0K (±1% cap)
    NOI $30,479 @ 7.0% cap · market cap 6.10%
    Theoretical Best
    Office A
    $554.3K
    $485.0K – $646.7K (±1% cap)
    NOI $38,803 @ 7.0% cap · market cap 7.76%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel Nail Salon Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Campton
    County
    Grafton
    State
    New Hampshire
    Longitude
    -71.635648
    Latitude
    43.857538

    Nearby Similar for Sale

    • $499,900

      Campton Commercial Investment Opportunity

      High-exposure office building near I-93 with income potential.
      399 NH Route 49, Campton, NH 03223
      View Details
    • $749,000
      4,568 SF

      Riverside Retreat with Income Potential

      Multi-family property with river frontage and income potential.
      3/14 Lloyd Street, Campton, NH 03223
      View Details

    FAQs

    What type of property is this?
    Office building - Two-level commercial building with expansion potential in the White Mountains.
    Where is this office building located?
    The property is located at 399 NH Route 49 Campton, NH.
    What is the asking price?
    The asking price for this property is $499,900.
    What are key features of this property?
    This property features: Positive cash flow from a tenant‑occupied commercial office building.; Approved plans for a residential addition with three garages and three two‑bedroom rental units.; **Prime location in the White Mountains, less than a mile from I‑93, Exit 28.**
    (603) 744-8526
    We can help!
    Listing Contact
    Lorna Platts Sirois
    Learn More
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    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
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