21 Promenade St, Gorham, NH 03581
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.