First-Floor Office
For Sale
$105,000
8 Patriot Dr Unit 8, Dover, NH 03820
Open-plan suite includes a kitchenette, private bathroom, and two deeded parking spaces.
Property Size572 SF
Price / SF$183.57
Days on Market28
Property Features for 8 Patriot Dr Unit 8
General Information
Standard status
Active
Size
572 SF
Total Parking Spaces
2
Occupancy
100%
Additional Details
Floor
First Floor
Highway Access
Yes
Amenities
kitchenette
private bathroom
Building Details
Year Built
2009
Owner Occupied
No
Listing Agency:
Colliers International
Listed By:
Abby Bachman
(724) 553-8720
Source:
Carolslocum
Added: Sep 8
Changed: Sep 24
Last Checked: Oct 4 at 11:48AM
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 Colliers International
Investment Insights
Based on property information with market context.
Unit 8 is a 572± SF office condominium on the first floor of a six-unit mixed-use building constructed in 2009. The space includes a large open area, kitchenette, and private bathroom, with two deeded parking spaces conveyed with the sale. It is currently configured for business office use.
The property is located at 8 Patriot Dr Unit 8 in Dover, just off Exit 7 on the Spaulding Turnpike/Route 16. Downtown Dover is less than 10 minutes away, providing convenient access to the city center and the regional roadway network.
The property is located at 8 Patriot Dr Unit 8 in Dover, just off Exit 7 on the Spaulding Turnpike/Route 16. Downtown Dover is less than 10 minutes away, providing convenient access to the city center and the regional roadway network.
Key Highlights
- 572± SF office condominium in a six‑unit mixed‑use building
- First‑floor Unit 8 with large open area, kitchenette, and private bathroom
- Two deeded parking spaces included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,811
Cap Rate
7.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$156,220
$156.2K
Cap Rate 7%
$111,586
$111.6K
Cap Rate 9%
$86,789
$86.8K
Market Conditions
NOI Build-Up for 572 SF
Gross rent
$12.0K $21.00/SF
− Vacancy
−$1.6K −$2.79/SF
EGI
$10.4K $18.21/SF
− OpEx
−$2.6K −$4.55/SF
NOI
$7.8K $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%
$156,220
Cap Rate 7%
$111,586
Cap Rate 9%
$86,789
Alternative Uses
Best Use
Office B
$111.6K
$97.6K – $130.2K
NOI $7,811 @ 7.0% cap · market cap 7.44%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$153.0K
$133.9K – $178.5K
NOI $10,712 @ 7.0% cap · market cap 10.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
189
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Office units - Open-plan suite includes a kitchenette, private bathroom, and two deeded parking spaces.
Where is this office units located?
The property is located at 8 Patriot Dr Unit 8 Dover, NH.
What is the asking price?
The asking price for this property is $105,000.
What are key features of this property?
This property features: 572± SF office condominium in a six‑unit mixed‑use building; First‑floor Unit 8 with large open area, kitchenette, and private bathroom; Two deeded parking spaces included
