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

    4Th St Dover, NH 03820

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $170,000

    Rare .24-acre lot near Dover's waterfront and downtown.

    Lot size:
    0.24 Acres

    Property Features for 4Th St

    General Information

    Lot size
    0.24 Acres

    We can help!

    Listing Contact
    Caitlin Howell
    Source: Elliman

    Listing Agent: Caitlin Howell

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Prime Lot Near Downtown Dover

    This .24-acre lot is located on Fourth Street, near the community trail along the Cocheco River. The property is within walking distance of Dover's waterfront, shops, restaurants, museums, and parks. It offers an opportunity to own land near the heart of downtown in a desirable area. A recorded survey is available. Buyers are advised to conduct their own due diligence with the City of Dover regarding zoning and permitted uses.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Dover
    County
    Strafford
    State
    New Hampshire
    Longitude
    -70.875829
    Latitude
    43.199071

    Nearby Similar for Sale

    • $579,900
      1,834 SF

      Versatile Multi-Family Home on Acreage

      Two-family home on 1.37 acres near downtown Dover.
      15 Dover Point Rd, Dover, NH 03820
      View Details
    • $895,000

      Class A Medical Office Condo

      Quality office condo built in 2022, adaptable to other users.
      51 Webb Pl, Dover, NH 03820
      View Details
    • New
      $799,000
      0.11 Acres

      Dover Mixed-Use Redevelopment Opportunity

      Four-story corner property in Dover, NH with redevelopment potential.
      9 Chestnut St, Dover, NH 03820
      View Details
    • $117,000
      528 SF

      Dover Office Building Investment

      528 SF office building in a prime Dover location.
      3 Patriot Dr, Dover, NH 03820
      View Details
    • $950,000
      2.07 Acres

      Dover Industrial Warehouse For Sale

      17,418 sq ft industrial warehouse on 2.07 acres.
      75 Oak St, Dover, NH 03820
      View Details
    • $799,000
      2,157 SF

      Three-Unit Building Near Downtown Dover

      Three-unit apartment building with development potential in Dover, NH.
      96-98 Broadway, Dover, NH 03820
      View Details
    • $1,700,000
      7,511 SF

      Prime Commercial Office Building Dover

      Commercial office building in a sought-after location with high visibility.
      827 Central Ave, Dover, NH 03820
      View Details
    • $650,000
      2,594 SF

      Downtown Dover Redevelopment Opportunity

      4,800± SF commercial building in prime downtown location.
      475 Central Ave, Dover, NH 03820
      View Details
    • $869,000
      48,000 SF

      High-Bay Warehouse/Distribution Space

      State-of-the-art warehouse/distribution space for lease or purchase.
      Venture Dr, Dover, NH 03820
      View Details
    • $550,000
      4,827 SF

      Free Standing Retail on Broadway

      Highly visible retail location with redevelopment potential in Dover, NH.
      47 Broadway, Dover, NH 03820
      View Details
    • $795,000

      Mixed-Use Building in Growing Dover

      Mixed-use property in downtown Dover with office space and parking.
      20-22 5Th St, Dover, NH 03820
      View Details
    • $2,150,000
      16,165 SF

      Dover Point Road Retail Property

      Fully rented retail property with long-term anchor lease.
      34 Dover Point Rd, Dover, NH 03820
      View Details

    FAQs

    What type of property is this?
    Land - Rare .24-acre lot near Dover's waterfront and downtown.
    Where is this land located?
    The property is located at 4Th St Dover, NH.
    What is the asking price?
    The asking price for this property is $170,000.
    What are key features of this property?
    This property features: - Prime location steps from the Cocheco River community trail.; - Walking distance to Dover's waterfront, shops, restaurants, museums, and parks.; - Rare .24-acre lot near downtown Dover.
    (603) 343-3221
    Request Owner's contact information
    4Th St Dover, NH 03820
    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.
    4Th St
    Dover, NH 03820
    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
    4Th St Dover, NH 03820
    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
    Caitlin Howell
    (603) 343-3221
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.