Compact Medical Office
230 Lafayette Rd Unit 11D Portsmouth, NH 03801
For Sale
$94,160
A private, in-suite restroom medical office suite with ample on-site parking and easy access to major routes.
Property Size428 SF
Price / SF$220
Days on Market56
Property Features for 230 Lafayette Rd Unit 11D
General Information
Standard status
Active
Size
428 SF
Property subtype
Medical Office Condominium
Listing Agency:
The Boulos Company
(603) 540-8315
Listed By:
Roger Dieker · License #NH #062614
(603) 540-8315
Source:
Boulos
Added: Jun 2
Changed: Jul 10
Last Checked: Jul 27 at 2:36AM
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
Investment Insights
Based on property information with market context.
230 Lafayette Road, Unit 11D is a compact medical office condominium within Lafayette Professional Park. The suite is designed for professional use and includes a private in-suite restroom, making it well-suited for day-to-day patient visits and practice operations.
The property offers ample on-site parking and convenient access to I-95 and Route 1. It is also about one mile to downtown Portsmouth, providing a practical balance of accessibility and proximity to services.
Unit 11D should appeal to new or expanding medical practices that want a convenient, professional setting without excess space. Its condominium configuration can also be an efficient option for buyers seeking an established medical-office environment with dedicated amenities like private restroom access and on-site parking.
The property offers ample on-site parking and convenient access to I-95 and Route 1. It is also about one mile to downtown Portsmouth, providing a practical balance of accessibility and proximity to services.
Unit 11D should appeal to new or expanding medical practices that want a convenient, professional setting without excess space. Its condominium configuration can also be an efficient option for buyers seeking an established medical-office environment with dedicated amenities like private restroom access and on-site parking.
Key Highlights
- Medical office condominium (Unit 11D) at 230 Lafayette Road, approx. 428± SF
- Private, in‑suite restroom
- Located in Lafayette Professional Park
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $9.0k | $21.00 |
| − Vacancy | −$1.2k | −$2.79 |
| EGI | $7.8k | $18.21 |
| − OpEx | −$1.9k | −$4.55 |
| NOI | $5.8k | $13.66 |
428 SF · lease $21.00/SF/yr · vacancy 13.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$83.5K
$73.1K – $97.4K
NOI $5,844 @ 7.0% cap · market cap 6.21%
Second Best
Healthcare Medical
$82.7K
$72.4K – $96.5K
NOI $5,792 @ 7.0% cap · market cap 6.15%
Theoretical Best
Office A
$114.5K
$100.2K – $133.6K
NOI $8,015 @ 7.0% cap · market cap 8.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- LoveWell Veterinary Services — 738 Islington St #1B, Portsmouth, NH 03801
- PetMedic Urgent Care Vet Clinic - Portsmouth — 350 US-1 BYP 1 N, Portsmouth, NH 03801
Frequently Asked Questions
What type of property is this?
Medical Office Space - A private, in-suite restroom medical office suite with ample on-site parking and easy access to major routes.
Where is this medical office space located?
The property is located at 230 Lafayette Rd Unit 11D Portsmouth, NH.
What is the asking price?
The asking price for this property is $94,160.
What are key features of this property?
This property features: Medical office condominium (Unit 11D) at 230 Lafayette Road, approx. 428± SF; Private, in‑suite restroom; Located in Lafayette Professional Park
