Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    827 Central Ave Dover, NH 03820

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,700,000

    Commercial office building in a sought-after location with high visibility.

    Property size:
    7,511 SF
    Lot size:
    0.31 Acres

    Property Features for 827 Central Ave

    General Information

    Size
    7,511 SF
    Lot size
    0.31 Acres

    We can help!

    Listing Contact
    Bill Riffert
    Bill Riffert
    Source: Moodyscre

    Listing Agent: Bill Riffert

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Prime Commercial Office Building Dover

    This commercial office building is located in a sought-after location with exceptional visibility on one of Dover's busiest streets, within a premier commercial district. The property comprises five rental units designed to cater to a diverse range of businesses, from approximately 700 square foot spaces to larger approximately 1,400 square foot suites. The building offers versatility and flexibility to maximize rental income and accommodate various tenant needs. The property is strategically positioned adjacent to a major shopping plaza and benefits from its proximity to retail hubs, ensuring a steady stream of foot traffic and heightened exposure for tenants. Its location at a signalized intersection further amplifies its desirability, guaranteeing high visibility and accessibility for both tenants and customers. The building is 7,511 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    John Reeves: Allstate ... Insurance Agency Allstate Personal Financial ... Financial Consultant Astorino Gerald OD Optometrist MyEyeDr. Eye Care Center Statix Hair Salon

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Dover
    County
    Strafford
    State
    New Hampshire
    Longitude
    -70.8787181
    Latitude
    43.2156519

    Nearby Similar for Sale

    • $895,000

      Class A Medical Office Condo

      Quality office condo built in 2022, adaptable to other users.
      51 Webb Pl, Dover, NH 03820
      View Details
    • New
      $799,000
      0.11 Acres

      Dover Mixed-Use Redevelopment Opportunity

      Four-story corner property in Dover, NH with redevelopment potential.
      9 Chestnut St, Dover, NH 03820
      View Details
    • $117,000
      528 SF

      Dover Office Building Investment

      528 SF office building in a prime Dover location.
      3 Patriot Dr, Dover, NH 03820
      View Details
    • $950,000
      2.07 Acres

      Dover Industrial Warehouse For Sale

      17,418 sq ft industrial warehouse on 2.07 acres.
      75 Oak St, Dover, NH 03820
      View Details
    • $650,000
      2,594 SF

      Downtown Dover Redevelopment Opportunity

      4,800± SF commercial building in prime downtown location.
      475 Central Ave, Dover, NH 03820
      View Details
    • $869,000
      48,000 SF

      High-Bay Warehouse/Distribution Space

      State-of-the-art warehouse/distribution space for lease or purchase.
      Venture Dr, Dover, NH 03820
      View Details
    • $550,000
      4,827 SF

      Free Standing Retail on Broadway

      Highly visible retail location with redevelopment potential in Dover, NH.
      47 Broadway, Dover, NH 03820
      View Details
    • $795,000

      Mixed-Use Building in Growing Dover

      Mixed-use property in downtown Dover with office space and parking.
      20-22 5Th St, Dover, NH 03820
      View Details
    • $495,000
      2,192 SF

      Dover Office Building For Sale

      Office building near downtown Dover, suitable for single-tenant or residential.
      18 5Th St, Dover, NH 03820
      View Details
    • $820,000

      Spacious Triplex in Dover, NH

      Three-unit property near UNH with income growth potential.
      20-22 Kirkland St, Dover, NH 03820
      View Details
    • $117,000
      528 SF

      Dover Office Building For Sale

      528 SF office building in Dover, NH for sale.
      3-9 Patriot Dr, Dover, NH
      View Details
    • $5,500,000
      52,224 SF

      Dover Industrial Building For Sale

      52,224 SF industrial building with expansion potential.
      27 Production Dr, Dover, NH 03820
      View Details

    FAQs

    What type of property is this?
    Office building - Commercial office building in a sought-after location with high visibility.
    Where is this office building located?
    The property is located at 827 Central Ave Dover, NH.
    What is the asking price?
    The asking price for this property is $1,700,000.
    What are key features of this property?
    This property features: - Prime commercial office building in a coveted Dover location.; - High visibility on a busy street within a premier commercial district.; - Five rental units with flexible sizes (700+/- to 1,400+/- sq ft) to maximize rental income.
    (617) 259-0810
    Request Owner's contact information
    827 Central Ave Dover, NH 03820
    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.
    827 Central Ave
    Dover, NH 03820
    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
    827 Central Ave Dover, NH 03820
    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

    We can help!
    Listing Contact
    Bill Riffert
    Bill Riffert
    (617) 259-0810
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.