Top-Floor Medical Office
For Sale
$850,000
51 Webb Place #Suite 310, Dover, NH 03820
Professionally configured condominium office with natural light, clinical workspace, kitchen, IT room, elevator access, and parking.
Property Size2,367 SF
Price / SF$359.10
Days on Market47
Property Features for 51 Webb Place #Suite 310
General Information
Standard status
Active
Size
2,367 SF
Elevators
Yes
Property subtype
Commercial
Additional Details
Floor
Top Floor
Building Details
Year Built
2004
Tenancy
Multi
Listing Agency:
Duston Leddy Real Estate
Listed By:
Peter Montesanto · License #291411
(617) 448-0072
Source:
Onyxregroup
Added: Sep 2
Changed: Oct 2
Last Checked: Oct 16 at 5:56AM
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 Duston Leddy Real Estate
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Investment Insights
Based on property information with market context.
This 2,367± square-foot medical office condominium occupies the top floor at 51 Webb Place in Dover. Designed and constructed for professional use, the suite combines perimeter offices with natural light, reception and waiting areas, a substantial rehab or exercise room, full kitchen, and dedicated IT room. The layout supports medical, healthcare, and other professional office operations without requiring a new buildout.
The condominium is part of a professional office setting with medical and professional occupants in the other suites. Its location is approximately ½ mile from Route 16 and Wentworth-Douglass Hospital, providing convenient access for patients and staff. Elevator service and ample parking are also available at the property. Built in 2004, the suite offers an established office environment for an owner-user seeking a dedicated medical or professional workspace.
The condominium is part of a professional office setting with medical and professional occupants in the other suites. Its location is approximately ½ mile from Route 16 and Wentworth-Douglass Hospital, providing convenient access for patients and staff. Elevator service and ample parking are also available at the property. Built in 2004, the suite offers an established office environment for an owner-user seeking a dedicated medical or professional workspace.
Key Highlights
- 2,367± square feet of top‑floor medical or professional office space
- Perimeter offices with abundant natural light
- Rehab or exercise area plus reception and waiting rooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,322
Cap Rate
3.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$646,440
$646.4K
Cap Rate 7%
$461,743
$461.7K
Cap Rate 9%
$359,133
$359.1K
Market Conditions
NOI Build-Up for 2,367 SF
Gross rent
$49.7K $21.00/SF
− Vacancy
−$6.6K −$2.79/SF
EGI
$43.1K $18.21/SF
− OpEx
−$10.8K −$4.55/SF
NOI
$32.3K $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%
$646,440
Cap Rate 7%
$461,743
Cap Rate 9%
$359,133
Alternative Uses
Best Use
Office B
$461.7K
$404.0K – $538.7K
NOI $32,322 @ 7.0% cap · market cap 3.80%
Second Best
Healthcare Medical
$457.6K
$400.4K – $533.9K
NOI $32,031 @ 7.0% cap · market cap 3.77%
Theoretical Best
Office A
$633.2K
$554.1K – $738.8K
NOI $44,327 @ 7.0% cap · market cap 5.21%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
397
Businesses Nearby
Balanced
Demand for This Use
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Similar Off Market Nearby
- New England Equine Medical & Surgical center — 15 Members Way, Dover, NH 03820
- Petco Vaccination Clinic — 877 Central Ave, Dover, NH 03820
Frequently Asked Questions
What type of property is this?
Medical Office Space - Professionally configured condominium office with natural light, clinical workspace, kitchen, IT room, elevator access, and parking.
Where is this medical office space located?
The property is located at 51 Webb Place #Suite 310 Dover, NH.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 2,367± square feet of top‑floor medical or professional office space; Perimeter offices with abundant natural light; Rehab or exercise area plus reception and waiting rooms
