Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Tamworth Land with River Frontage Title is generated by Realmo AI

    481 Chocorua Mountain Highway, Tamworth, NH 03886

    View on Map
    Claim this Listing
    For Sale
    $430,000

    Land - Tamworth, NH

    Lot size:
    15.20 Acres
    Added:
    Dec 3, 2024
    Days on Market:
    530
    Last Refresh:
    May 17 at 6:06 am

    Property Features for 481 Chocorua Mountain Highway

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    None
    Standard status
    Active
    Lot size
    15.20 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    1817

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Paul Wheeler

    Listing agent Paul Wheeler

    Listing office Senne Residential LLC 3280 White Mountain Highway, Boston, NH

    Listing date Dec 3, 2024

    MLS# 5023619 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

    • Over 760 feet of frontage on the Chocorua River.
    • 15+ acre lot offering privacy and space.
    • Superior location in a historic part of Tamworth.
    • Combination of field and forest landscape.
    • Many natural home sites available.
    • Located very close to Chocorua Lake.

    Overview

    This 15.2-acre lot features 760+/- feet of frontage on the Chocorua River. The land, facing west, includes both field and forest areas. The property offers multiple natural home sites, depending on the buyer's preferences. Located near Chocorua Lake, this wooded lot provides privacy, river frontage, and a location in a historic part of Tamworth.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Tamworth
    County
    Carroll
    State
    New Hampshire
    Longitude
    -71.2807
    Latitude
    43.8752

    Nearby Similar for Sale

    • $450,000

      Renovated General Store Opportunity

      Fully renovated general store in Tamworth, NH for sale.
      1004 Bearcamp Highway, Tamworth, NH 03883
      View Details
    • $418,000

      Tamworth Land with Garage Building

      1.17-acre lot with insulated metal garage, Route 25 frontage.
      23 Summit View Drive, Tamworth, NH 03886
      View Details
    • $418,000

      Tamworth Commercial Land Opportunity

      1.17-acre commercial lot with insulated metal garage building.
      23 Summit View Drive, Tamworth, NH 03886
      View Details
    • $650,000

      Versatile Mixed-Use Investment Opportunity

      Commercial property with retail, office, and residential income potential.
      1808 Chocorua Mountain Highway, Tamworth, NH 03817
      View Details
    • $350,000

      Unique Commercial Space, Tamworth NH

      Versatile commercial property with residential potential in Tamworth, NH.
      948 Gardner Hill Road, Tamworth, NH 03886
      View Details
    • $99,900

      Land with Mountain Views

      Historic land near skiing, Conway, and White Mountains.
      00 Page Hill Road, Tamworth, NH 03817
      View Details
    • $499,000

      Land with Mountain Views

      10-acre land in Tamworth, NH with mountain views.
      000 Page Hill Road, Tamworth, NH 03817
      View Details
    • $50,000

      Tamworth Land Ready For Building

      Two adjacent lots in Tamworth, NH, ready for your vision.
      Lot 113/114 Rocky Lane, Tamworth, NH 03817
      View Details
    • $150,000

      Heavily Treed Lot in Tamworth

      Level 1.11 acre lot suitable for business or residential use.
      68 Gilman Valley Road, Tamworth, NH 03883
      View Details
    • $729,000
      4,300 SF

      Two Houses and Outbuildings

      Two houses, barn, garage on 1.69 acres with brook frontage.
      829 Bearcamp Hwy & 10 Mountain Road, Tamworth, NH 03883
      View Details
    • $999,000

      Tamworth Six-Unit Apartment Complex

      Well-maintained six-unit apartment complex on over 3 acres.
      527 Tamworth Road, Tamworth, NH 03886
      View Details
    • $999,000
      7,700 SF

      Tamworth Multi-Family Investment Opportunity

      Well-maintained 6-unit apartment complex on 3+ acres.
      527 Tamworth Road, Tamworth, NH 03886
      View Details

    FAQs

    What type of property is this?
    Land - 15+ acre lot with 760+/- feet of Chocorua River frontage.
    Where is this land located?
    The property is located at 481 Chocorua Mountain Highway Tamworth, NH.
    What is the asking price?
    The asking price for this property is $430,000.
    What are key features of this property?
    This property features: Over 760 feet of frontage on the Chocorua River.; 15+ acre lot offering privacy and space.; Superior location in a historic part of Tamworth.
    (603) 801-4149
    We can help!
    Listing Contact
    Paul Wheeler
    Real Estate License ID: 7839
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    481 Chocorua Mountain Highway, Tamworth, NH 03886
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!