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    Property profile & analytics

    15 Ray St Gorham, NH 03581

    • Showrooms
    • 800 SF
    • 0.19 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US58-0059758
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Showrooms

    Property Details for 15 Ray St

    Year built
    1950
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.19 lot acres
    Property size
    800 SF
    Zone code
    RA
    Property type
    Showrooms
    APN
    GORH M:U13 L:31
    APU
    GORHMU13L31

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Gorham
    County
    Coos
    State
    New Hampshire
    Longitude
    -71.1947
    Latitude
    44.4314
    CBSA code
    13620
    CBSA name
    BERLIN, NH-VT MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $825
    $17,100
    $16,500
    $33,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $345,000
      8,430 SF

      595 Main St

      SHOW ROOM, WAREHOUSE • 8,430 SF
      595 Main St, Gorham, NH 03581-4902
      View Details
    • Value Estimation
      $300,000
      6,432 SF

      494 Main St

      SHOW ROOM, WAREHOUSE • 6,432 SF
      494 Main St, Gorham, NH 03581-1025
      View Details
    • Value Estimation
      $375,000
      1,998 SF

      1598 State Rte 2nd 2

      SHOW ROOM, WAREHOUSE • 1,998 SF
      1598 State Rte 2nd 2, Shelburne, NH 03581-3205
      View Details
    • Value Estimation
      $195,000
      3,240 SF

      414 Main St

      SHOW ROOM, WAREHOUSE • 3,240 SF
      414 Main St, Gorham, NH 03581-1123
      View Details
    • Value Estimation
      $265,000
      7,190 SF

      421 State Rte 2nd 2

      SHOW ROOM, WAREHOUSE • 7,190 SF
      421 State Rte 2nd 2, Shelburne, NH 03581-3006
      View Details
    • Value Estimation
      $260,000
      4,707 SF

      10 Vlg Rd

      SHOW ROOM, WAREHOUSE • 4,707 SF
      10 Vlg Rd, Shelburne, NH 03581-3121
      View Details

    Similar Nearby for Sale

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      Well-maintained commercial building suitable for office, healthcare, or retail.
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      Gorham Commercial Property - Prime Location

      High-visibility, 11,232 sq ft building on 2.94 acres.
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    • $799,000
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      Gorham Commercial Land - $799,000

      Prime 2.4-acre commercial lot, riverfront.
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      Gorham Commercial Building - High Income Potential

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    Similar Nearby for Lease

    • Contact for pricing
      31,363 SF

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      Four-unit retail building with high visibility and ample parking.
      609 Main St, Gorham, NH 03581
      View Details
    • Contact for pricing
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      View Details
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    15 Ray St
    Gorham, NH 03581
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    Realmo Value Estimation

    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.

    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.

    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
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