First-Floor Office
For Sale
$105,000
8 Patriot Dr Unit 8, Dover, NH 03820
Open-plan suite includes a kitchenette, private bathroom, and two deeded parking spaces.
Property Size572 SF
Price / SF$183.57
Days on Market47
Property Features for 8 Patriot Dr Unit 8
General Information
Standard status
Active
Size
572 SF
Total Parking Spaces
2
Occupancy
100%
Additional Details
Floor
First Floor
Highway Access
Yes
Amenities
kitchenette
private bathroom
Building Details
Year Built
2009
Owner Occupied
No
Listing Agency:
Colliers International
Listed By:
Abby Bachman
(603) 206-9644
Source:
Carolslocum
Added: Sep 8
Changed: Oct 10
Last Checked: Oct 7 at 1:44PM
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 Colliers International
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Investment Insights
Based on property information with market context.
Unit 8 is a 572± SF office condominium on the first floor of a six-unit mixed-use building constructed in 2009. The space includes a large open area, kitchenette, and private bathroom, with two deeded parking spaces conveyed with the sale. It is currently configured for business office use.
The property is located at 8 Patriot Dr Unit 8 in Dover, just off Exit 7 on the Spaulding Turnpike/Route 16. Downtown Dover is less than 10 minutes away, providing convenient access to the city center and the regional roadway network.
The property is located at 8 Patriot Dr Unit 8 in Dover, just off Exit 7 on the Spaulding Turnpike/Route 16. Downtown Dover is less than 10 minutes away, providing convenient access to the city center and the regional roadway network.
Key Highlights
- 572± SF office condominium in a six‑unit mixed‑use building
- First‑floor Unit 8 with large open area, kitchenette, and private bathroom
- Two deeded parking spaces included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,811
Cap Rate
7.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$156,220
$156.2K
Cap Rate 7%
$111,586
$111.6K
Cap Rate 9%
$86,789
$86.8K
Market Conditions
NOI Build-Up for 572 SF
Gross rent
$12.0K $21.00/SF
− Vacancy
−$1.6K −$2.79/SF
EGI
$10.4K $18.21/SF
− OpEx
−$2.6K −$4.55/SF
NOI
$7.8K $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%
$156,220
Cap Rate 7%
$111,586
Cap Rate 9%
$86,789
Alternative Uses
Best Use
Office B
$111.6K
$97.6K – $130.2K
NOI $7,811 @ 7.0% cap · market cap 7.44%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$153.0K
$133.9K – $178.5K
NOI $10,712 @ 7.0% cap · market cap 10.20%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
189
Businesses Nearby
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Open-plan suite includes a kitchenette, private bathroom, and two deeded parking spaces.
Where is this office unit located?
The property is located at 8 Patriot Dr Unit 8 Dover, NH.
What is the asking price?
The asking price for this property is $105,000.
What are key features of this property?
This property features: 572± SF office condominium in a six‑unit mixed‑use building; First‑floor Unit 8 with large open area, kitchenette, and private bathroom; Two deeded parking spaces included
