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Top-Floor Medical Office Condo
For Sale
$850,000

51 WEBB Place, Dover, NH 03820

Commercial Sale, Dover, NH

Property Size2,367 SF
Price / SF$359.10
Days on Market40

Property Features for 51 WEBB Place

General Information

Property type Commercial Sale
Property subtype Other
Zoning C-Commercial
Accessibility Accessible Approach with Ramp
Subdivision Royal Commons
Directions From Central Ave in Dover, turn onto Webb Place, which is in between Chase Bank & Eastern Bank. Turn left at the stop sign and 51 Webb Place (Royal Commons) will be on your right. Unit is top floor - Suite 310
Standard status Active
Size 1 SF

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 9423

Utilities

Cooling system Central Air
Water source Public

Building Details

Year built 2004
Listing Agency: Duston Leddy Real Estate
Listed By: Peter Montesanto · License #291411
Added: Sep 1 Changed: Oct 8 Last Checked: Oct 10 at 7:06AM
MLS# 5107749

Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2,367+/- square-foot top-floor medical office condominium was designed and constructed for professional use. The layout includes perimeter offices with natural light, a reception and waiting area, a spacious rehab and exercise area, full kitchen, and dedicated IT room. Central air, public water, and an accessible approach with ramp support the suite’s functionality, while elevator access serves the top-floor location. Built in 2004, the property is zoned C-Commercial.

The office is positioned near Route 16 and Wentworth-Douglass Hospital, providing access for patients and staff. Other suites in the building are occupied by medical and professional users, creating an established office setting. The property also includes on-site parking and a professional office environment suitable for medical, healthcare, or general professional use.

Key Highlights

  • 2,367+/- SF top‑floor medical office condominium
  • Perimeter offices with abundant natural light
  • Rehab/exercise area, reception and waiting areas, full kitchen, and dedicated IT room

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 (±1% cap)
NOI $32,322 @ 7.0% cap · market cap 3.80%
Second Best
Healthcare Medical
$457.6K
$400.4K – $533.9K (±1% cap)
NOI $32,031 @ 7.0% cap · market cap 3.77%
Theoretical Best
Office A
$633.2K
$554.1K – $738.8K (±1% cap)
NOI $44,327 @ 7.0% cap · market cap 5.21%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Victoria Bates Physician Brienne Cressey Physician Haas Dental Dover Dental Office Lynnette Nyberg DMD ... Dental Office Seacoast Braces / Miller ... Dental Office

Suggested Use

Top Pick Real Estate Agency Building Supply HVAC Service Big Box & Wholesale Store Law Firm Parking Lot & Garage

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

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

482
Businesses Nearby
Balanced
Demand for This Use

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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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 built suite with perimeter offices, rehab space, kitchen, IT room, elevator access, and on-site parking.
Where is this medical office space located?
The property is located at 51 WEBB Place 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+/- SF top‑floor medical office condominium; Perimeter offices with abundant natural light; Rehab/exercise area, reception and waiting areas, full kitchen, and dedicated IT room
More about this property
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