Restaurant
New
For Sale
$1,500,000
103 Towle Farm Road, Hampton, NH 03842
On-site parking accompanies a restaurant property with potential for office, daycare, or healthcare use.
Property Size6,537 SF
Days on Market2
Property Features for 103 Towle Farm Road
General Information
Standard status
Active
Size
6,537 SF
Property subtype
Restaurant/Commercial
Building Details
Building Size
6,537 SF
Year Built
1900
Listing Agency:
The Boulos Company
Listed By:
Christian Stallkamp · License #064644
(603) 828-3818
Source:
Boulos
Added: Oct 24
Last Checked: Oct 24 at 3:06PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Boulos Company
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The restaurant property at 103 Towle Farm Road in Hampton, New Hampshire, was built in 1900 and has on-site parking. Its flexible industrial zoning district is identified as supporting consideration of office, daycare, and healthcare uses in addition to restaurant use.
Key Highlights
- On‑site parking
- 1900 construction
- Flexible industrial zoning; office, daycare, and healthcare are identified as potential alternative uses
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$124,348
Cap Rate
8.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,486,960
$2.5M
Cap Rate 7%
$1,776,400
$1.8M
Cap Rate 9%
$1,381,644
$1.4M
Market Conditions
NOI Build-Up for 6,537 SF
Gross rent
$170.2K $26.04/SF
− Vacancy
−$4.4K −$0.68/SF
EGI
$165.8K $25.36/SF
− OpEx
−$41.4K −$6.34/SF
NOI
$124.3K $19.02/SF
Area
Rockingham County, NH
Vacancy
2.60%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,486,960
Cap Rate 7%
$1,776,400
Cap Rate 9%
$1,381,644
Alternative Uses
Best Use
Specialty Retail
$1.78M
$1.55M – $2.07M
NOI $124,348 @ 7.0% cap · market cap 8.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.18M
$1.90M – $2.54M
NOI $152,345 @ 7.0% cap · market cap 10.16%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
189
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 03842, NH
16,048
Population
9,978
Households
1.6
Avg Household Size
53
Median Age
43%
College-Educated
96%
High-School Grad
12.8 sq mi
ZIP Area
1,254
Density / Sq Mi
$94,433
Median Household Income
$53,533
Median Earnings
$1,679
Median Rent
$491,600
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - On-site parking accompanies a restaurant property with potential for office, daycare, or healthcare use.
Where is this conventional restaurant located?
The property is located at 103 Towle Farm Road Hampton, NH.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: On‑site parking; 1900 construction; Flexible industrial zoning; office, daycare, and healthcare are identified as potential alternative uses
