Property profile

38 Lancaster Rd Gorham, NH 03581

OFF-MARKET
Commercial real estate
Property ID
US58-0285901
2,632 SF 4.25 ac lot Built 1989
Individually Owned 11-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1989
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,632 SF
Lot 4.25 ac (185,130 SF)
Zoning code IND
APN GORH M:U8 L:15
UPID US58-0285901

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Solar Energy Company Solar Energy System Service
  • Storage Facility

Location

38 Lancaster Rd Gorham, NH 03581-1411
Gorham metro Census 950900 BERLIN, NH-VT MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$435k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$420k

Owner & transaction history

since 2015
2 recorded transactions
2025
Price N/A
2015
$199,000

Zoning & alternative use

IND · Gorham, NH
Zoning description

The purpose of this district is to encourage the retention and development of local job opportunities, the expansion of the community tax base and safe and healthy industrial uses

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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