Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Granite Ridge Land For Sale Title is generated by Realmo AI

    288 Hounsell Avenue 102, Gilford, NH 03249

    View on Map
    Claim this Listing
    For Sale
    $489,900

    Land for sale on Granite Ridge, Gilford, New Hampshire.

    Added:
    Apr 30, 2026
    Days on Market:
    28
    Last Refresh:
    May 20 at 4:30 am

    Property Features for 288 Hounsell Avenue 102

    General Information

    Standard status
    Active

    Building Details

    Year Built
    2026

    We can help!

    Listing Contact
    Shannon L Casey
    Shannon L Casey

    Listing agent Shannon L Casey

    Listing office keller williams coastal realty

    Listing date Apr 30, 2026

    Source Evrealestate

    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 keller williams coastal realty

    HighLights

    • New construction built in 2026
    • High speed internet ready
    • Propane heating system
    • Concrete basement
    • Wall unit cooling
    • Paved parking

    Overview

    Located off Gilford Avenue, accessible by turning onto Hounsell Avenue, approximately half a mile from Piche's, this land is situated on Granite Ridge in Gilford, Belknap County, New Hampshire.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Gilford
    County
    Belknap
    State
    New Hampshire
    Longitude
    -71.450819
    Latitude
    43.5231438

    Nearby Similar for Sale

    • $519,900
      1,500 SF

      Granite Ridge Commercial Flex Space

      Flex unit perfect for contractors, entrepreneurs, and growing businesses.
      288 Hounsell Avenue, Gilford, NH 03249
      View Details
    • $509,900
      1,425 SF

      Granite Ridge Commercial Flex Space

      Flex unit with office, warehouse, and storage space.
      288 Hounsell Avenue, Gilford, NH 03249
      View Details
    • $489,900
      1,425 SF

      Granite Ridge Commercial Flex Space

      Flex unit ideal for contractors, entrepreneurs, and growing businesses.
      288 Hounsell Avenue, Gilford, NH 03249
      View Details
    • $499,900
      1,500 SF

      Granite Ridge Commercial Flex Space

      Flex unit perfect for office, warehouse, and storage space.
      288 Hounsell Avenue, Gilford, NH 03249
      View Details
    • $1,500,000
      12,720 SF

      Lakes Region Commercial Opportunity

      Two-acre commercial property with lake views and high visibility.
      40 WEIRS Rd, Gilford, NH 03249
      View Details
    • $199,000

      Versatile Condo in Gilford, NH

      Flexible condo ideal for residential or professional use near Lake.
      2679 Lake Shore Road, Gilford, NH 03249
      View Details
    • $195,000

      Professional Office Suite in Gilford

      Move-in ready office suite in a desirable Lakes Region location.
      25 Country Club Rd 707, Gilford, NH 03249
      View Details
    • $1,290,000
      6,400 SF

      Private Aviation Hangar in Gilford

      Meticulously designed hangar with refined comfort for the discerning owner-pilot.
      74 Airport Rd, Gilford, NH 03249
      View Details
    • $219,000

      Gilford Village Land For Sale

      Residential land in Gilford Village, convenient to local amenities.
      8 Bacon Drive, Gilford, NH 03249
      View Details
    • $1,500,000

      Gilford Commercial Property For Sale

      Prime location with high visibility and traffic surrounded by major stores.
      1457 LAKE SHORE Road, Gilford, NH 03249
      View Details
    • $2,250,000

      Prime Commercial Location in Gilford

      High-traffic location with restaurant and gas station buildings.
      1457-1467 Lake Shore Road, Gilford, NH 03249
      View Details
    • $1,495,000

      Landmark Site Near Gunstock Resort

      12-acre property with development potential near Gunstock Mountain Resort.
      700-720 Cherry Valley Road, Gilford, NH 03249
      View Details

    FAQs

    What type of property is this?
    Commercial land - Land for sale on Granite Ridge, Gilford, New Hampshire.
    Where is this commercial land located?
    The property is located at 288 Hounsell Avenue 102 Gilford, NH.
    What is the asking price?
    The asking price for this property is $489,900.
    What are key features of this property?
    This property features: New construction built in 2026; High speed internet ready; Propane heating system
    (603) 630-3343
    We can help!
    Listing Contact
    Shannon L Casey
    Shannon L Casey
    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
    288 Hounsell Avenue 102, Gilford, NH 03249
    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!