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    Recreational Land Near White Mountains Title is generated by Realmo AI

    00 Prospect St, Bethlehem, NH 03574

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    0.27 acre parcel near outdoor activities and town.

    Type:Land
    Lot size:
    0.27 Acres
    Added:
    Apr 22, 2026
    Days on Market:
    43
    Last Refresh:
    Apr 22 at 7:32 pm

    Property Features for 00 Prospect St

    General Information

    Standard status
    Active
    Lot size
    0.27 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Fran Matott

    Listing agent Fran Matott

    Listing office Badger Peabody & Smith Realty

    Listing date Apr 22, 2026

    Source Elliman

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

    All listing content including descriptions, pricing, images are the copyrighted material of Badger Peabody & Smith Realty

    HighLights

    • Centrally located near White Mountain National Forest, offering easy access to numerous recreational activities.
    • Adjacent to Bretzfelder Memorial Park and Bethlehem Town Forest, providing immediate access to trails and natural serenity.
    • Conveniently located about a mile from Main Street Bethlehem's restaurants and community activities.
    • Close proximity to dining and shopping options in Littleton and Franconia.
    • Potential to serve as a convenient basecamp for storing recreational equipment.
    • Affordable land parcel in northern NH.

    Overview

    This 0.27-acre parcel of land is centrally located and could serve as a basecamp for recreational activities in northern New Hampshire. Situated next to Bretzfelder Memorial Park and the Bethlehem Town Forest, the property offers access to the White Mountain National Forest and surrounding area. With site work, the land may serve as a convenient home base to park an RV and store recreational equipment such as bicycles, kayaks, hiking gear, skis, and snowmobiles. Main Street Bethlehem, with its restaurants and community activities, is approximately one mile away. Additional dining and shopping options are available in Littleton and Franconia, a short drive away. The location provides access to hiking in Franconia & Crawford Notch, biking on Bethlehem or Parker Mountain Trails, golfing at Maplewood, boating and fishing on Moore Reservoir, and skiing at Cannon, Bretton Woods, Attitash & Loon Mountain. Opportunities for snowshoeing and snowmobiling are also available. The property has a bike score of 6, indicating it is somewhat bikeable, and a walk score of 4, indicating car dependence. Due to its size, this lot may not meet zoning requirements for a dwelling or septic system; please consult Bethlehem Zoning for more information and RV regulations.
    Location Intelligence

    Current Use by Public Records

    Recreation land

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Auto Repair Shop Hair Salon Gym & Fitness Center Hotel & Motel Department Store Kitchen & Bath Showroom

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

    Location Insight

    • Map
    • Local Demand
    City
    Bethlehem
    County
    Grafton
    State
    New Hampshire
    Longitude
    -71.694064
    Latitude
    44.280479

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    FAQs

    What type of property is this?
    Recreation land - 0.27 acre parcel near outdoor activities and town.
    Where is this recreation land located?
    The property is located at 00 Prospect St Bethlehem, NH.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Centrally located near White Mountain National Forest, offering easy access to numerous recreational activities.; Adjacent to Bretzfelder Memorial Park and Bethlehem Town Forest, providing immediate access to trails and natural serenity.; Conveniently located about a mile from Main Street Bethlehem's restaurants and community activities.
    (603) 259-0202
    We can help!
    Listing Contact
    Fran Matott
    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.

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