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Professional Office Condo
For Sale
$195,000

42 Dover Point Road, Dover, NH 03820

Functional office condominium with on-site parking in a corporate business setting.

Property Size1,008 SF
Price / SF$193.45
Days on Market178

Property Features for 42 Dover Point Road

General Information

Standard status Active
Size 1,008 SF
Property subtype Commercial
Listing Agency: KW Coastal and Lakes & Mountains Realty
Listed By: Purple Acorn
Source: Sugarbushrealestate
Added: Apr 20 Changed: Oct 13 Last Checked: Oct 12 at 7:59PM

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 1,008-square-foot office condominium provides a professional setting for business operations and is presented as suitable for medical, legal, financial, consulting, and creative practices. The property includes access to a large parking lot intended to accommodate staff and clients.

The office is located at 42 Dover Point Rd F in Dover, New Hampshire. Regional accessibility is identified as a property feature, while the location records a Bike Score of 29 and a Walk Score of 13.

Key Highlights

  • 1,008‑square‑foot professional office condominium
  • Large on‑site parking lot for staff and clients
  • Located at 42 Dover Point Rd F, Dover, NH 03820

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$13,764
Cap Rate
7.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$275,280 $275.3K
Cap Rate 7%
$196,629 $196.6K
Cap Rate 9%
$152,933 $152.9K
Market Conditions
NOI Build-Up for 1,008 SF
Gross rent
$21.2K $21.00/SF
− Vacancy
−$2.8K −$2.79/SF
EGI
$18.4K $18.21/SF
− OpEx
−$4.6K −$4.55/SF
NOI
$13.8K $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%
$275,280
Cap Rate 7%
$196,629
Cap Rate 9%
$152,933

Alternative Uses

Best Use
Office B
$196.6K
$172.1K – $229.4K (±1% cap)
NOI $13,764 @ 7.0% cap · market cap 7.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$269.7K
$236.0K – $314.6K (±1% cap)
NOI $18,877 @ 7.0% cap · market cap 9.68%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Mezzanine Catering Take-out & Catering Make it Active, ... Marketing & Advertising Chris Chapman - State ... Insurance Agency Whitehouse Opticians LLC Ophthalmologist Digital Design Marketing & Advertising

Suggested Use

Top Pick Building Supply Real Estate Agency Restaurant Pharmacy Law Firm Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

214
Businesses Nearby

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
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Functional office condominium with on-site parking in a corporate business setting.
Where is this office units located?
The property is located at 42 Dover Point Road Dover, NH.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: 1,008‑square‑foot professional office condominium; Large on‑site parking lot for staff and clients; Located at 42 Dover Point Rd F, Dover, NH 03820
More about this property
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