Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    337 Nh-104 New Hampton, NH 03256
    Property profile & analytics

    337 Nh-104, New Hampton, NH 03256

    View on Map
    • Land
    • 2.11 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 337 Nh-104

    Lot size
    2.11 lot acres
    Property type
    Land

    Description

    This exceptional 2.11-acre commercial pad site in New Hampton, NH, offers unparalleled visibility and accessibility. Located directly off Interstate 93 at Exit 23, on Route 104, this cleared and level lot boasts a high average annual daily traffic count of 13,000 vehicles. Its strategic position serves the thriving communities of Meredith and Moultonborough, and provides easy access to the north shore of Lake Winnipesaukee, a major tourist destination. The property is zoned for mixed-use development, allowing for a variety of options including retail, industrial, and multi-family uses. This flexibility makes it ideal for a wide range of businesses and developers. The site is available for ground lease or build-to-suit opportunities, providing adaptable solutions to meet specific project needs. This prime location, combined with its versatile zoning and convenient access to major transportation routes, presents a unique investment opportunity with significant potential for growth and return. The property's address is 337 NH-104, New Hampton, NH 03256, within the Meredith submarket.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    New Hampton
    County
    Belknap
    State
    New Hampshire
    Longitude
    -71.6358
    Latitude
    43.6182

    Comparable in this City

    • Value Estimation by Request
      187 SF

      Nh Rte 104

      COMMERCIAL (GENERAL)
      Nh Rte 104, New Hampton, NH 03256
      View Details
    • Value Estimation
      $18,985,000
      21.00 Acres

      58 Packard Dr

      COMMERCIAL (GENERAL)
      58 Packard Dr, New Hampton, NH 03256-4132
      View Details
    • Value Estimation by Request
      2.99 Acres

      7 Granite Pl

      COMMERCIAL (GENERAL)
      7 Granite Pl, New Hampton, NH 03256
      View Details
    • Value Estimation by Request
      384 SF

      337 Nh Rte 104

      COMMERCIAL (GENERAL)
      337 Nh Rte 104, New Hampton, NH 03256
      View Details
    • Value Estimation by Request
      43.04 Acres

      Nh Rte 132nd N

      COMMERCIAL (GENERAL)
      Nh Rte 132nd N, New Hampton, NH 03256
      View Details
    • Value Estimation by Request
      0.51 Acres

      Nh Rte 104

      VACANT COMMERCIAL LAND
      Nh Rte 104, New Hampton, NH 03256
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      New Hampton Land with Mountain Views

      14 acres with panoramic White Mountain and sunset views.
      R3 Gordon Hill Rd, New Hampton, NH 03256
      View Details
    • $980,000
      14.00 Acres

      New Hampton Land with Mountain Views

      14-acre residential land with panoramic White Mountain views.
      R3 Gordon Hill Rd, New Hampton, NH 03256
      View Details
    • $199,000
      10.76 Acres

      Secluded Land Parcel in New Hampton

      10.76 acre lot near Lake Winnipesaukee and I-93.
      Lindsay Ln, New Hampton, NH 03256
      View Details
    • $85,000
      1.56 Acres

      Wooded Residential Lot Off Right of Way

      Wooded homesite accessed via right of way, offering proximity to I-93 and state routes.
      1 Shady Ln, New Hampton, NH 03256
      View Details
    • $139,000
      4.20 Acres

      New Hampton Land Opportunity

      4.2-acre parcel near Lake Winnipesaukee with road frontage.
      Lindsay Ln, New Hampton, NH 03256
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      9,000 SF

      Versatile Industrial Space Near I-93

      9,000 sq ft industrial space near I-93 in New Hampton.
      104 Nh-132, New Hampton, NH 03256
      View Details
    • Contact for pricing
      107,158 SF

      Finished Office or Retail Space

      Nicely finished suite with multiple offices, conference room, reception, and signage availability off I-93 Exit 23.
      345 Nh Route 104, New Hampton, NH 03256
      View Details
    • Contact for pricing

      Flex Warehouse with Loading Docks

      Well-maintained industrial space with two loading docks, one drive-in door, and office areas for management and customer-facing needs.
      104a Nh Route 132, New Hampton, NH 03256
      View Details
    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.
    337 Nh-104
    New Hampton, NH 03256
    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
    337 Nh-104, New Hampton, NH, 03256
    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!