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Professional Office Condo
For Sale
$195,000

42 Dover Point Road, Dover, NH 03820

Commercial Sale, Dover, NH

Property Size1,008 SF
Price / SF$193.45
Days on Market137

Property Features for 42 Dover Point Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning C
Directions Dover Point Office Park on Dover Point Road.
Standard status Active

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2153

Utilities

Heating system Natural Gas
Cooling system Central Air
Water source Public
Listing Agency: KW Coastal and Lakes & Mountains Realty · Keller Williams Realty
Listed By: Purple Acorn
Added: May 24 Changed: Sep 8 Last Checked: Oct 7 at 11:06AM
MLS# 5090710

Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1,008-square-foot professional office condominium at 42 Dover Point Road provides a compact commercial setting in Dover, New Hampshire. The property includes central air conditioning, natural gas heating, and public water service, with a parking lot serving the office users and visitors.

The property is zoned C and is positioned within a professional office environment. Its configuration is suited to office-based operations, with the physical systems and parking infrastructure already in place.

Key Highlights

  • 1,008‑square‑foot professional office condominium
  • Zoned C
  • Central air conditioning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$13,764
Cap Rate
7.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$275,280 $275.3K
Cap Rate 7%
$196,629 $196.6K
Cap Rate 9%
$152,933 $152.9K
Market Conditions
NOI Build-Up for 1,008 SF
Gross rent
$21.2K $21.00/SF
− Vacancy
−$2.8K −$2.79/SF
EGI
$18.4K $18.21/SF
− OpEx
−$4.6K −$4.55/SF
NOI
$13.8K $13.66/SF
Area
Strafford County, NH
Vacancy
13.30%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$275,280
Cap Rate 7%
$196,629
Cap Rate 9%
$152,933

Alternative Uses

Best Use
Office B
$196.6K
$172.1K – $229.4K (±1% cap)
NOI $13,764 @ 7.0% cap · market cap 7.06%
Second Best
Healthcare Medical
$194.9K
$170.5K – $227.4K (±1% cap)
NOI $13,641 @ 7.0% cap · market cap 7.00%
Theoretical Best
Office A
$269.7K
$236.0K – $314.6K (±1% cap)
NOI $18,877 @ 7.0% cap · market cap 9.68%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Mezzanine Catering Take-out & Catering Make it Active, ... Marketing & Advertising Chris Chapman - State ... Insurance Agency Whitehouse Opticians LLC Ophthalmologist Digital Design Marketing & Advertising

Suggested Use

Top Pick Building Supply Real Estate Agency Restaurant Pharmacy Law Firm Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

214
Businesses Nearby

Demographics for 03820, NH

32,800
Population
15,460
Households
2.1
Avg Household Size
38
Median Age
49%
College-Educated
96%
High-School Grad
27.3 sq mi
ZIP Area
1,201
Density / Sq Mi
$92,793
Median Household Income
$53,890
Median Earnings
$1,540
Median Rent
$397,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office condo with central air, natural gas heating, public water service, and on-site parking.
Where is this office units located?
The property is located at 42 Dover Point Road Dover, NH.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: 1,008‑square‑foot professional office condominium; Zoned C; Central air conditioning
More about this property
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