Freestanding Mixed-Use
For Sale
$599,900
892 Lafayette Rd, Hampton, NH 03842
Vacant interior space offers a flexible layout, lower-level access, and town water, sewer, and natural gas.
Property Size3,360 SF
Lot Size0.50 Acres
Price / SF$178.54
Days on Market15
Property Features for 892 Lafayette Rd
General Information
Standard status
Active
Size
3,360 SF
Lot size
0.50 Acres
Additional Details
Utilities to Site
Yes
Building Details
Year Built
1978
Buildings
1
Listing Agency:
KW Coastal and Lakes & Mountains Realty
Listed By:
Michael Fecteau
(603) 661-0658
Source:
Lyvrealty
Added: Sep 24
Last Checked: Oct 7 at 3:45PM
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 KW Coastal and Lakes & Mountains Realty
Investment Insights
Based on property information with market context.
This 3,360-square-foot freestanding commercial building sits on a half-acre lot in Hampton. The interior has been stripped back for a new fit-up, with a flexible arrangement that connects the main floor to the lower level. Entry is available from the street-facing front, both sides, and the rear lower level. Town water and sewer and natural gas serve the property, and off-street parking is available.
The property is located on Lafayette Road. Its prior uses included a doggy day care, flower shop, and truck rental operation. The lower level was previously configured as an apartment; residential occupancy there was previously associated with a variance for an owner-occupied business on the main floor. The building is currently vacant.
The property is located on Lafayette Road. Its prior uses included a doggy day care, flower shop, and truck rental operation. The lower level was previously configured as an apartment; residential occupancy there was previously associated with a variance for an owner-occupied business on the main floor. The building is currently vacant.
Key Highlights
- 3,360‑square‑foot building on a ½‑acre lot
- Freestanding commercial property on Lafayette Road in Hampton
- Town water and sewer, plus natural gas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,501
Cap Rate
7.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$950,020
$950.0K
Cap Rate 7%
$678,586
$678.6K
Cap Rate 9%
$527,789
$527.8K
Market Conditions
NOI Build-Up for 3,360 SF
Gross rent
$72.6K $21.60/SF
− Vacancy
−$4.7K −$1.40/SF
EGI
$67.9K $20.20/SF
− OpEx
−$20.4K −$6.06/SF
NOI
$47.5K $14.14/SF
Area
Rockingham County, NH
Vacancy
6.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$950,020
Cap Rate 7%
$678,586
Cap Rate 9%
$527,789
Alternative Uses
Best Use
Retail
$678.6K
$593.8K – $791.7K
NOI $47,501 @ 7.0% cap · market cap 7.92%
Second Best
Mixed Use
$447.1K
$391.2K – $521.6K
NOI $31,298 @ 7.0% cap · market cap 5.22%
Theoretical Best
Office A
$1.12M
$978.8K – $1.31M
NOI $78,305 @ 7.0% cap · market cap 13.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
363
Businesses Nearby
11k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 70%
Hotels & Casinos 14%
Shops & Services 8%
Home Improvements & Furnishings 7%
Aroma Joe's
Dining
6,119 visits/mo
0.3 miles
SUBWAY
Dining
1,807 visits/mo
0.3 miles
Best Western Plus The Inn At Hampton
Hotels & Casinos
1,626 visits/mo
0.4 miles
MyEyeDr.
Shops & Services
878 visits/mo
0.2 miles
Johnson Paint, a Ring's End brand
Home Improvements & Furnishings
842 visits/mo
0.2 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Vacant interior space offers a flexible layout, lower-level access, and town water, sewer, and natural gas.
Where is this mixed-use property located?
The property is located at 892 Lafayette Rd Hampton, NH.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: 3,360‑square‑foot building on a ½‑acre lot; Freestanding commercial property on Lafayette Road in Hampton; Town water and sewer, plus natural gas
