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    Property profile & analytics

    1657 White Mountain Hwy North Conway, NH 03818

    • Turn key restaurants
    • 2.60 lot acres
    For Lease
    View listing
    $29 SF/Yr
    Value Estimation
    $2,205,000
    Last Sale
    Mar 12, 2021
    $1,900,000
    Location Intelligence
    Property ID
    US58-0279250
    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

    • Turn key restaurants

    Property Details for 1657 White Mountain Hwy

    Year built
    1983
    Construction
    FRAME
    Lot size
    2.60 lot acres
    Zone code
    HC
    Property type
    Turn key restaurants
    APN
    CNWY M:235 B:87
    APU
    CNWYM235B87

    Description

    This exceptional retail opportunity is situated on a 2.63-acre lot in Conway, New Hampshire, at 1657 White Mountain Hwy, zip code 03860. The property offers a flexible approach to tenancy, with a maximum contiguous space of 6,000 square feet available. This presents a unique chance for businesses seeking a prominent location in Carroll County. The site is ideal for a ground lease or a build-to-suit development, allowing for complete customization to meet specific business needs. The address boasts excellent visibility and accessibility, making it an attractive location for a variety of retail ventures. The property is categorized as multi-tenant retail, providing opportunities for multiple businesses or a single large tenant. The total building square footage is currently zero, reflecting the build-to-suit potential. This presents a blank canvas for a new retail development, allowing for the creation of a modern and efficient space tailored to the tenant's requirements. The location in Conway, NH offers access to a thriving community and strong tourism traffic, making it an attractive investment opportunity. Interested parties are encouraged to explore the possibilities of this versatile and strategically located retail property.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,335,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,765,000
      6.5%
      $1,965,000
      7%
      $2,010,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,870,000
      Geo Method
      $1,780,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,725,000
      Retail
      $1,695,000
      Mixed-Use
      $1,785,000
      Hospitality
      $1,850,000
      Educational
      $1,630,000
      Residential Income
      $2,115,000
      Energy
      $2,195,000
      Income-Based Land
      $1,860,000
      Food Service
      $1,625,000

    Location Insight

    • Map
    • Local Demand
    City
    Conway
    County
    Carroll
    State
    New Hampshire
    Longitude
    -71.1166
    Latitude
    44.0245

    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
    $17,703
    $590,100
    $954,700
    $1,544,800
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

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      1.14 Acres

      1672 White Mtn Hwy

      RESTAURANT • 1.14 Acres
      1672 White Mtn Hwy, Conway, NH 03818
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      1.56 Acres

      24 Settlers Grn Dr

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      24 Settlers Grn Dr, Conway, NH 03818
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      0.67 Acres

      Seavey St

      RESTAURANT • 0.67 Acres
      Seavey St, Conway, NH 03818
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    • Value Estimation
      $380,000
      0.78 Acres

      28 Shaws Way

      RESTAURANT • 0.78 Acres
      28 Shaws Way, Conway, NH 03818
      View Details
    • Value Estimation
      $1,320,000
      1.42 Acres

      6 Mtn Vw Dr

      RESTAURANT • 1.42 Acres
      6 Mtn Vw Dr, Conway, NH 03818
      View Details

    Similar Nearby for Sale

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      Walgreens NNN Lease Investment Opportunity

      NNN leased Walgreens with over 9 years remaining.
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    Similar Nearby for Lease

    • $29 SF/Yr
      19,415 SF

      Retail Development Opportunity

      Retail development opportunity near Settler's Green and Route 16.
      1657 White Mountain Hwy, North Conway, NH 03818
      View Details
    • Contact for pricing
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      Commercial Space For Lease

      Retail or office space with high visibility in Conway, NH.
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      View Details
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      Conway NH Commercial Space

      High-traffic location with strong anchor tenants and ample parking.
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    • Contact for pricing
      79,279 SF

      Conway NH Retail/Office Space

      High-visibility retail/office space in Conway, near Route 16.
      486 White Mountain Hwy, Conway, NH 03818
      View Details
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      3,925 SF

      Retail Space in North Conway

      16,794 SF shopping center in a prime retail corridor.
      1500 White Mountain Hwy, North Conway, NH 03818
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    • Contact for pricing

      Office Space in Conway Village

      Flexible office space for lease in Conway, New Hampshire.
      71 Hobbs St, Conway, NH 03818
      View Details
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    1657 White Mountain Hwy
    North Conway, NH 03818
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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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