Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    275 Mica Mine Rd Claremont, NH 03743
    Back to Search
    Property profile & analytics

    275 Mica Mine Rd, Claremont, NH 03743

    View on Map
    • Commercial real estate
    • 5.00 lot acres
    For Sale
    $625,000
    View Listing →
    Five Acre Lot Near Trail For Sale
    $625,000
    5.00 Acres

    Five Acre Lot Near Trail

    Five acre lot abutting Unity Mountain Trail Conservation Area.

    275 Mica Mine Rd, Claremont, NH 3743
    View Listing
    Property ID
    US58-0559335
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 275 Mica Mine Rd

    Lot size
    5.00 lot acres
    Property type
    Commercial real estate
    APN
    0000700657000000

    Description

    This exceptional 5-acre commercial lot in Claremont, New Hampshire, presents a unique investment opportunity. Located at 275 Mica Mine Road (APN 0000700657000000), this property boasts a desirable rural zoning (RURAL) and is situated directly adjacent to the Unity Mountain Trail Conservation Area. The land includes a 2,464 square foot building, previously used as a clubhouse and later as a weekend camp. While the structure requires significant improvements and is being sold "as is," its presence adds considerable value to the overall offering. This rare parcel offers substantial potential for various commercial ventures, recreational uses, or a private retreat. The property is priced at $625,000, representing a unit price of $125,000 per acre. Note that the sale is subject to third-party approval. Buyers should be prepared for necessary renovations and improvements to the existing building. This is a truly unique opportunity to acquire a substantial land parcel in a sought-after location with significant potential for development or personal use. The property's proximity to the conservation area provides a tranquil setting while maintaining easy access to Claremont and its amenities. Serious inquiries only.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Claremont
    County
    Sullivan
    State
    New Hampshire
    Longitude
    -72.261536
    Latitude
    43.313118

    Comparable in this City

    • $1,100,000
      60.00 Acres

      Claremont Gravel Pit Opportunity

      60-acre Claremont gravel pit with active excavation permits.
      003 E Green Mountain Rd, Claremont, NH 03743
      View Details
    • $125,000

      Prime Farmland Opportunity in Claremont

      11.02 acres of farmland with building potential.
      2 East Green Mountain Rd, Claremont, NH 03743
      View Details
    • $400,000
      20.00 Acres

      Farmland Parcel with Hay Production

      20-acre RR-zoned farmland currently used for haying, offering space for agricultural use and a potential building site.
      119 Old Newport Rd, Claremont, NH 03743
      View Details
    • $90,000
      5.00 Acres

      Claremont Land with Stone Wall

      5-acre wooded lot with frontage and utilities in Claremont, NH.
      Charlestown Rd, Claremont, NH 03743
      View Details

    Similar Nearby for Sale

    • $1,100,000
      60.00 Acres

      Claremont Gravel Pit Opportunity

      60-acre Claremont gravel pit with active excavation permits.
      003 E Green Mountain Rd, Claremont, NH 03743
      View Details
    • $125,000

      Prime Farmland Opportunity in Claremont

      11.02 acres of farmland with building potential.
      2 East Green Mountain Rd, Claremont, NH 03743
      View Details
    • $400,000
      20.00 Acres

      Farmland Parcel with Hay Production

      20-acre RR-zoned farmland currently used for haying, offering space for agricultural use and a potential building site.
      119 Old Newport Rd, Claremont, NH 03743
      View Details
    • $90,000
      5.00 Acres

      Claremont Land with Stone Wall

      5-acre wooded lot with frontage and utilities in Claremont, NH.
      Charlestown Rd, Claremont, NH 03743
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,150 SF

      Commercial Land for Ground Lease

      3.55-acre parcel near Walmart along a major east-west corridor, offering visibility for retail-oriented uses.
      174 Washington St, Claremont, NH 03743
      View Details
    • Contact for pricing
      154,638 SF

      Prime Commercial Land Opportunity

      3.55 acre commercial land for lease near Walmart.
      174 Washington St, Claremont, NH 03743
      View Details
    • Contact for pricing
      1,968 SF

      Retail Space Near Walmart Entrance

      Retail space with high traffic and excellent exposure.
      126 Washington St, Claremont, NH 03743
      View Details
    • Contact for pricing
      4,894 SF

      Claremont Retail Space For Rent

      Retail spaces available in Claremont, NH with high traffic count.
      148 Charlestown Rd, Claremont, NH 03743
      View Details
    • Contact for pricing

      Retail Raw Space with Parking

      Raw retail space in a busy commercial corridor, with parking and nearby restaurant frontage.
      152 Washington St, Claremont, NH 03743
      View Details
    • Contact for pricing
      6,534 SF

      Downtown Claremont Retail Space Available

      Ground floor retail space in downtown Claremont with immediate occupancy.
      18 Pleasant St, Claremont, NH 03743
      View Details
    View Listing
    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.
    275 Mica Mine Rd
    Claremont, NH 03743
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    275 Mica Mine Rd, Claremont, NH, 03743
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!