First-Floor Retail
New
For Sale
$125,000
4c-819 Lafayette Road, Hampton, NH 03842
Stone-façade commercial space with central air conditioning, electric heat, public utilities, and on-site parking.
Property Size760 SF
Price / SF$164.47
Days on Market6
Property Features for 4c-819 Lafayette Road
General Information
Standard status
Active
Size
760 SF
Additional Details
Floor
1
Taxes and HOA fees
Annual Taxes
$1,252
Building Details
Construction
stone façade
Listing Agency:
KW Coastal and Lakes & Mountains Realty/Dover
(603) 610-8500
Listed By:
Gerry OConnell
(603) 610-8950
Source:
Exprealty
Added: Sep 8
Changed: Sep 12
Last Checked: Sep 13 at 11:11AM
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/Dover
Investment Insights
Based on property information with market context.
Unit 4C is a 760-square-foot first-floor retail condominium at 819 Lafayette Road in Hampton, New Hampshire. The space is located in a stone-façade building and is positioned directly on Route 1, providing direct exposure to the corridor.
Building services include electric heat, central air conditioning, and public water and sewer. On-site parking is available for the property. The space is identified as suitable for retail, studio, or professional office use.
Building services include electric heat, central air conditioning, and public water and sewer. On-site parking is available for the property. The space is identified as suitable for retail, studio, or professional office use.
Key Highlights
- 760 SF first‑floor retail condominium
- Directly on Route 1 in Hampton, NH
- Stone façade building
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$10,744
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.60%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$214,880
$214.9K
Cap Rate 7%
$153,486
$153.5K
Cap Rate 9%
$119,378
$119.4K
Market Conditions
NOI Build-Up for 760 SF
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.
Gross rent
$16.4K $21.60/SF
− Vacancy
−$1.1K −$1.40/SF
EGI
$15.3K $20.20/SF
− OpEx
−$4.6K −$6.06/SF
NOI
$10.7K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$214,880
Cap Rate 7%
$153,486
Cap Rate 9%
$119,378
Alternative Uses
Best Use
Retail
$153.5K
$134.3K – $179.1K
NOI $10,744 @ 7.0% cap · market cap 8.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$253.0K
$221.4K – $295.2K
NOI $17,712 @ 7.0% cap · market cap 14.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
384
Businesses Nearby
118k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 35%
Groceries 20%
Apparel 20%
Home Improvements & Furnishings 17%
Marshalls
Apparel
23,358 visits/mo
0.3 miles
The Home Depot
Home Improvements & Furnishings
19,858 visits/mo
0.4 miles
Shaw's Supermarket
Groceries
18,806 visits/mo
0.3 miles
Dollar Tree
Shops & Services
12,797 visits/mo
0.5 miles
The UPS Store
Shops & Services
11,142 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
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Stone-façade commercial space with central air conditioning, electric heat, public utilities, and on-site parking.
Where is this retail space located?
The property is located at 4c-819 Lafayette Road Hampton, NH.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: 760 SF first‑floor retail condominium; Directly on Route 1 in Hampton, NH; Stone façade building
