First-Floor Retail
New
For Sale
$125,000
819 Lafayette Road, Hampton, NH 03842
Commercial Sale, Hampton, NH
Property Size760 SF
Price / SF$164.47
Days on Market3
Property Features for 819 Lafayette Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
B
Standard status
Active
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
1252
Utilities
Water source
Public
Amenities
on-site parking
Building Details
Year built
1980
Listing Agency:
KW Coastal and Lakes & Mountains Realty/Dover · Keller Williams Realty
(603) 610-8500
Listed By:
Gerry OConnell
(603) 978-8381
Added: Sep 8
Last Checked: Sep 10 at 10:06PM
MLS# 5108697
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.
Unit 4C is a 760-square-foot, first-floor retail condominium within a stone facade building constructed in 1980. The space includes electric heat and central AC, with public water and sewer serving the property. Its configuration is suited to retail, studio, or professional office use.
The property is located at 819 Lafayette Road in Hampton, directly along Route 1 within an established retail corridor. Onsite parking supports customer and staff access, while the location provides direct visibility from the route. Zoning is B.
The property is located at 819 Lafayette Road in Hampton, directly along Route 1 within an established retail corridor. Onsite parking supports customer and staff access, while the location provides direct visibility from the route. Zoning is B.
Key Highlights
- 760 Sq Ft first‑floor retail condominium in Unit 4C
- Directly on Route 1 at 819 Lafayette Road, Hampton, NH 03842
- Stone facade building constructed in 1980
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
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Open Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
398
Businesses Nearby
68k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 40%
Groceries 35%
Shops & Services 22%
Hotels & Casinos 2%
Hannaford
Groceries
23,632 visits/mo
0.4 miles
McDonald's
Dining
14,529 visits/mo
0.4 miles
Speedway
Shops & Services
11,233 visits/mo
0.4 miles
Aroma Joe's
Dining
6,119 visits/mo
0.1 miles
Burrito Loco
Dining
5,348 visits/mo
0.4 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Retail space - Retail condominium with Route 1 exposure, onsite parking, and adaptable space for boutique retail, studio, or office use.
Where is this retail space located?
The property is located at 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 Sq Ft first‑floor retail condominium in Unit 4C; Directly on Route 1 at 819 Lafayette Road, Hampton, NH 03842; Stone facade building constructed in 1980
