Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    161 Lancaster Rd Gorham, NH 03581-4805

    • Investment properties
    • 1,317 SF
    • 1.70 lot acres
    OFF-MARKET
    Value Estimation
    $290,000
    Location Intelligence
    Property ID
    US58-0165732
    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

    • Investment properties

    Property Details for 161 Lancaster Rd

    Year built
    1890
    Lot size
    1.70 lot acres
    Property size
    1,317 SF
    Zone code
    RA
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    GORH M:U20 L:1
    APU
    GORHMU20L1

    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
    -71.2178
    Latitude
    44.3982
    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
    $8,092
    $26,300
    $303,300
    $329,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $235,000
      1,629 SF

      7 Lancaster Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,629 SF
      7 Lancaster Rd, Gorham, NH 03581-1422
      View Details
    • Value Estimation
      $205,000
      2,162 SF

      196 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,162 SF
      196 Main St, Gorham, NH 03581-1509
      View Details
    • Value Estimation
      $305,000
      4,303 SF

      101 Main St, Unit B

      OFFICE/RESIDENTIAL (MIXED USE) • 4,303 SF
      101 Main St, Gorham, NH 03581-1663
      View Details
    • Value Estimation
      $305,000
      1,344 SF

      3 Broadway Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1,344 SF
      3 Broadway Ave, Gorham, NH 03581-1501
      View Details
    • Value Estimation
      $230,000
      1,296 SF

      7 Jimtown Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,296 SF
      7 Jimtown Rd, Gorham, NH 03581-4823
      View Details
    • Value Estimation by Request
      2,284 SF

      21 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,284 SF
      21 Main St, Gorham, NH 03581-1324
      View Details

    Similar Nearby for Sale

    • $399,000
      0.10 Acres

      Downtown Gorham Mixed-Use Opportunity

      Spacious mixed-use building in downtown Gorham with storefront and apartment.
      101 Main St, Gorham, NH 03581
      View Details
    • $399,000
      3,034 SF

      Mixed-Use Property in Downtown Gorham

      Versatile property with commercial space and apartment in downtown Gorham.
      101 Main St, Gorham, NH 03581
      View Details
    • $800,000
      0.94 Acres

      Commercial Building in Gorham, NH

      Well-maintained commercial building suitable for office, healthcare, or retail.
      355 Main St, Gorham, NH 03581
      View Details
    • $324,900
      4,116 SF

      Gorham, NH Commercial Space

      Versatile 4,116 sq ft building, 0.42 acres
      1 Wentworth Ave, Gorham, NH 03581
      View Details
    • $199,900
      2,151 SF

      Spacious Multi-Family Home

      Two-story multi-family home with updated features and ample parking.
      31 Glen Rd, Gorham, NH 03581
      View Details
    • $3,600,000

      Self-Storage Portfolio For Sale

      Self-storage portfolio available for purchase in Gorham, New Hampshire.
      521 Main St, Gorham, NH 03581
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      31,363 SF

      Retail Space on High-Traffic Route

      Four-unit retail building with high visibility and ample parking.
      609 Main St, Gorham, NH 03581
      View Details
    • Contact for pricing
      27,000 SF

      Mountain Valley Plaza Retail Space

      Gorham, NH Strip Center - 27,000 SF
      491 Main St, Gorham, NH 03581
      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.
    161 Lancaster Rd
    Gorham, NH 03581-4805
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.