Property profile

280 Gorham Hill Rd Gorham, NH 03581

FOR SALE
Residential land & home lots
Property ID
US58-Q000121
Saved · see the list in your Dashboard

Property summary

AI-generated overview

Welcome to your personal gateway to the White Mountains in Gorham, NH! This 76.6 +/- acre property features one +/- acre of cleared land that offers the potential for a future homesite with incredible views of the Northern Presidential Range! Just imagine enjoying views of prominent ridgelines, including Mt Madison, Mt Adams, Wildcat Mountain & Carter Dome just to name a few. A shared, paved driveway offers easy access off Gorham Hill Rd (NH Route 2). Power runs along the road frontage & high-speed internet, TV & phone service are available. The nearby downtown Gorham offers plenty of amenities, restaurants & shops. Two separate road frontage portions offer options for the prospects of building your dream home if appropriate septic can be identified per state regulations. With the entire property located in the Residential B zoning district, town zoning may allow for future subdivision & development. Town officials say despite municipal water being located on RT-2, the allocation is too low, so a private well & a private septic system are best suited for development. Reclaim the old logging roads on the property for a private trail network or go experience the seemingly endless nearby recreation from hiking & skiing in the White Mountain National Forest, Wildcat Mountain Resort to riding the various ATV trails or kayaking the nearby Androscoggin River! A recent Forester evaluation indicates upwards of $25K in owners’ pocket with selective cutting. bikeScore: 11, Somewhat Bikeable walkScore: 2, Car-Dependent

Property profile

Verified
Property type Residential land & home lots
UPID US58-Q000121

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

280 Gorham Hill Rd Gorham, NH 03581
Gorham metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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