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

    Off 1 St Claremont, NH 03743

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $600,000

    75-acre commercial land parcel in a busy district.

    Lot size:
    75.00 Acres

    Property Features for Off 1 St

    General Information

    Lot size
    75.00 Acres

    We can help!

    Listing Contact
    Loren Wehmeyer
    Source: Elliman

    Listing Agent: Loren Wehmeyer

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

    Learn more

    Overview

    Large Commercial Land Parcel

    This 75-acre parcel of land is zoned for business and includes approximately 25 flat acres. The remaining acreage consists of a mature wooded slope that offers long-range views. Situated behind the Hannaford grocery store, the property extends to behind the Burger King on Washington Street, a commercial district with businesses such as Walmart, Home Depot, and Runnings. Potential access points include behind Hannaford's, at 1st Street, off Dartmouth Street, or from behind Burger King. This property is located in Claremont, NH, which is 2 hours from Boston, 1 hour from Concord, NH, and 30 minutes from Lebanon, NH.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Claremont
    County
    Sullivan
    State
    New Hampshire
    Longitude
    -72.3252
    Latitude
    43.3506

    Nearby Similar for Sale

    • $295,000
      2,708 SF

      Well-Maintained Multi-Family Investment Property

      Three-unit property with strong income potential in Claremont, New Hampshire.
      110 Sullivan St, Claremont, NH 03743
      View Details
    • $1,500,000
      21.59 Acres

      Claremont Auto Dealership Opportunity

      Well-maintained auto dealership with showroom, service bays, and warehouse.
      5 River Rd, Claremont, NH 03743
      View Details
    • $395,000
      0.09 Acres

      Historic Claremont Building For Sale

      Downtown building with restaurant and apartment, generating monthly income.
      36-38 Opera House Sq, Claremont, NH 03743
      View Details
    • $345,000
      0.30 Acres

      Claremont Commercial Property For Sale

      Commercial property in Claremont with high traffic and flexible space.
      198 Washington St, Claremont, NH 03743
      View Details
    • New
      $130,000
      1,840 SF

      Claremont Multi-Family Investment Opportunity

      Two-unit property in need of work, ideal for investors.
      4 Freedom St, Claremont, NH 03743
      View Details
    • $437,500

      Mixed-Use Building in Downtown Claremont

      Mixed-use building with retail, office, and apartment potential.
      19 Pleasant St, Claremont, NH 03743
      View Details
    • $155,000

      Downtown Claremont Redevelopment Opportunity

      Vacant brick building in downtown Claremont, prime redevelopment location.
      2-8 Sullivan St, Claremont, NH 03743
      View Details
    • $155,000
      7,366 SF

      Claremont Retail/Redevelopment Opportunity

      Vacant 7,336 SF brick building near Opera House Square.
      2 Sullivan St, Claremont, NH
      View Details
    • $1,500,000

      Auto Dealership on 21+ Acres

      Well-maintained auto dealership with showroom, service bays, and warehouse.
      5 Riv Rd, Claremont, NH 03743
      View Details
    • $4,379,180
      33,686 SF

      Commercial Condo Units Available

      Four contiguous commercial condo units available for purchase.
      21 Water St, Claremont, NH 03743
      View Details
    • $839,000

      Claremont Multifamily Investment Opportunity

      Nine-unit apartment complex with recent renovations and below-market rents.
      44-46 Walnut St, Claremont, NH 03743
      View Details
    • $480,000

      Claremont NH Quadplex For Sale

      Cash flowing quadplex with renovated units in Claremont, New Hampshire.
      50 School St, Claremont, NH 03473
      View Details

    FAQs

    What type of property is this?
    Land - 75-acre commercial land parcel in a busy district.
    Where is this land located?
    The property is located at Off 1 St Claremont, NH.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: - Large 75-acre parcel in-town, a rare opportunity for commercial development.; - Business-district zoning in a busy commercial area with Walmart, Home Depot, and other businesses.; - Motivated seller.
    (802) 359-2122
    Request Owner's contact information
    Off 1 St Claremont, NH 03743
    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.
    Off 1 St
    Claremont, NH 03743
    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
    Off 1 St Claremont, NH 03743
    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
    Loren Wehmeyer
    (802) 359-2122
    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.