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    FOR SALE
    Commercial real estate

    21 Promenade St, Gorham, NH 03581

    0.91 ac lot
    Property ID
    US58-0186074
    Property summary
    AI-generated overview

    This exceptional 0.91-acre lot presents a unique opportunity to build your dream home in desirable Gorham, New Hampshire. Located at 21 Promenade Street, this property offers a rare combination of convenience and space, being situated within walking distance of local schools, parks, and a variety of shops. The lot boasts a total of 39,640 square feet, providing ample room for a substantial home and landscaping. A significant advantage for prospective builders is the inclusion of a pre-approved septic plan, significantly streamlining the development process and saving valuable time and resources. The property is zoned RA, and its location offers easy access to outdoor recreational activities, including ATV and snowmobile trails. This is a truly exceptional opportunity to acquire a buildable lot in a highly sought-after location, with the added benefit of a pre-approved septic design already in place. Don't miss this chance to create your ideal home in the heart of Gorham. The asking price for this remarkable property is $64,000, translating to approximately $70,329.67 per acre.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 0.91 ac (39,640 SF)
    UPID US58-0186074
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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