Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    379 Ocean Blvd Hampton, NH 03842

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,250,000

    Oceanfront lot in Hampton's business seasonal zoning district.

    Lot size:
    0.14 Acres

    Property Features for 379 Ocean Blvd

    General Information

    Lot size
    0.14 Acres

    Building Details

    Year built
    1930

    We can help!

    Listing Contact
    Alex Loiseau
    Source: Elliman

    Listing Agent: Alex Loiseau

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

    Learn more

    Overview

    Oceanfront Hampton Beach Development Opportunity

    This oceanfront lot, encompassing approximately 6,179 square feet, is located in Hampton Beach. The site, formerly home to a successful restaurant, is situated within Hampton's business seasonal zoning district, presenting various development possibilities, including residential, multi-family, condominium, or business ventures. Currently, the former restaurant building and a garage are situated on the lot. Public water, sewer, and natural gas services are available on-site. The location offers close proximity to the Hampton Beach boardwalk, Route 101, Route 95, and Route 1.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Spa & Massage Building Supply Gym & Fitness Clothing Store Auto Repair Shop Pharmacy Accounting Firm Wholesale Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Hampton
    County
    Rockingham
    State
    New Hampshire
    Longitude
    -70.8066
    Latitude
    42.9171109

    Nearby Similar for Sale

    • $1,200,000
      1,920 SF

      Remodeled Two-Family Home Near Beach

      Two-family home near Hampton Beach, ideal for rental income.
      3 Harris Ave, Hampton, NH 03842
      View Details
    • $1,200,000
      2,689 SF

      Furnished Multi-Unit Near Beach

      Four-unit property near the beach, ideal for investors or owner-occupants.
      19 F St, Hampton, NH 03842
      View Details
    • $1,500,000
      0.68 Acres

      Hampton Beach Mixed-Use Commercial Property

      Landmark property with parking, multi-family residence, and commercial zoning.
      73 Church St, Hampton, NH 03842
      View Details
    • $185,000
      1.90 Acres

      Hampton Office Condo For Sale

      Office condo in a convenient Hampton location near Route 101.
      24 Stickney Ter, Hampton, NH 03842
      View Details
    • $79,000
      484 SF

      Hampton Harbor Commercial Building

      Commercial building with mooring in Hampton Harbor's marina.
      1 Ocean Blvd, Hampton, NH 03842
      View Details
    • $995,000

      Hampton Beach Multifamily Opportunity

      Multifamily property on Hampton Beach boardwalk with rental income potential.
      13 Ocean Blvd, Hampton, NH 03842
      View Details
    • $7,895,000
      32,499 SF

      Hampton Industrial Building with Expansion

      32,499 SF industrial building on 9.46 acres.
      105 Towle Farm Rd, Hampton, NH 03842
      View Details
    • $1,350,000

      Multifamily Property in Boars Head

      Multifamily property in Hampton's desirable Boars Head neighborhood.
      518 Ocean Blvd, Hampton, NH 03842
      View Details
    • $725,000

      Two Hampton Condo Units

      Two-unit property in Hampton, NH, near shops and restaurants.
      7 Anns Ln, Hampton, NH 03842
      View Details
    • $649,900

      Hampton Beach Two-Cottage Multi-Family

      Two cottages on one lot, prime Hampton Beach location.
      22-24 Perkins Ave, Hampton, NH 03842
      View Details
    • $799,000

      Hampton Colonial Duplex Near Beach

      Colonial duplex near North Beach, Hampton, offering investment opportunity.
      403 High St, Hampton, NH 03842
      View Details
    • $1,550,000
      5,000 SF

      Former Bank Branch For Sale

      5,000 SF former bank branch with drive-through potential.
      40 High St, Hampton, NH 03842
      View Details

    FAQs

    What type of property is this?
    Commercial land - Oceanfront lot in Hampton's business seasonal zoning district.
    Where is this commercial land located?
    The property is located at 379 Ocean Blvd Hampton, NH.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: - Oceanfront lot in Hampton Beach with development potential; - Large +/- 6,179 sq/ft lot size; - Zoned for residential, multi-family, condos, or businesses
    (603) 997-6364
    Request Owner's contact information
    379 Ocean Blvd Hampton, NH 03842
    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.
    379 Ocean Blvd
    Hampton, NH 03842
    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
    379 Ocean Blvd Hampton, NH 03842
    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
    Alex Loiseau
    (603) 997-6364
    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.