Medical Office Condo
230 Lafayette Rd Portsmouth, NH 03801
For Sale
Contact for pricing
Compact medical office condominium with a private in-suite restroom and on-site parking within a professional park.
Property Size428 SF
Price / SF$220
Days on Market180
Property Features for 230 Lafayette Rd
General Information
Standard status
Active
Size
428 SF
Property subtype
OFFICE
Listing Agency:
The Boulos Company
(603) 540-8315
Listed By:
Roger Dieker · License #062614
(603) 540-8315
Source:
Moodyscre
Added: Jan 28
Changed: Jul 27
Last Checked: Jul 27 at 2:32AM
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 suite of approximately 428± SF within Lafayette Professional Park. The space includes a private in-suite restroom, designed for day-to-day patient and staff use.
The condominium is positioned in a professional park setting surrounded by complementary medical providers. On-site parking is available, and the location provides convenient access to I-95 and Route 1, with downtown Portsmouth about a mile away.
This is a straightforward option for a medical practice seeking a dedicated office suite within a maintained medical office environment.
The condominium is positioned in a professional park setting surrounded by complementary medical providers. On-site parking is available, and the location provides convenient access to I-95 and Route 1, with downtown Portsmouth about a mile away.
This is a straightforward option for a medical practice seeking a dedicated office suite within a maintained medical office environment.
Key Highlights
- Approximately 428± SF medical office condominium at 230 Lafayette Road, Unit 11D
- Private in‑suite restroom within the unit
- Located in Lafayette Professional Park with complementary medical providers
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
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 - Compact medical office condominium with a private in-suite restroom and on-site parking within a professional park.
Where is this medical office space located?
The property is located at 230 Lafayette Rd 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: Approximately 428± SF medical office condominium at 230 Lafayette Road, Unit 11D; Private in‑suite restroom within the unit; Located in Lafayette Professional Park with complementary medical providers
