First-Floor Retail
New
For Sale
$264,000
819 Lafayette Rd 2C, Hampton, NH 03842
Open-plan commercial space with a bathroom, central AC, electric heat, and public water and sewer.
Property Size1,600 SF
Price / SF$165
Days on Market1
Property Features for 819 Lafayette Rd 2C
General Information
Standard status
Active
Size
1,600 SF
Property subtype
Commercial
Site & Location
Road Access
Yes
Utilities to Site
Yes
Additional Details
Floor
Ground
Amenities
bathroom
electric heat
central AC
public water & sewer
on-site parking
Building Details
Year Built
1980
Construction
stone
Listing Agency:
KW Coastal and Lakes & Mountains Realty/Dover
Listed By:
Gerry OConnell
(603) 610-8950
Source:
Elliman
Added: Sep 10
Last Checked: Sep 10 at 2:42PM
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 2C is a first-floor retail condo at 819 Lafayette Rd in Hampton, offering 1,600 Sq. Ft. of open-plan space within a stone façade building constructed in 1980. The unit includes a bathroom, electric heat, central AC, and public water and sewer. Its layout supports retail, office, or service use.
The property is positioned directly on Route 1 with on-site parking and exposure along an established retail corridor. Nearby businesses include complementary local retailers and services, providing an active commercial setting for an owner-user or investor.
The property is positioned directly on Route 1 with on-site parking and exposure along an established retail corridor. Nearby businesses include complementary local retailers and services, providing an active commercial setting for an owner-user or investor.
Key Highlights
- 1,600 Sq. Ft. first‑floor retail condo
- Directly on high traffic Route 1
- Open floor plan with bathroom
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
$22,620
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
8.57%
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%
$452,400
$452.4K
Cap Rate 7%
$323,143
$323.1K
Cap Rate 9%
$251,333
$251.3K
Market Conditions
NOI Build-Up for 1,600 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
$34.6K $21.60/SF
− Vacancy
−$2.2K −$1.40/SF
EGI
$32.3K $20.20/SF
− OpEx
−$9.7K −$6.06/SF
NOI
$22.6K $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%
$452,400
Cap Rate 7%
$323,143
Cap Rate 9%
$251,333
Alternative Uses
Best Use
Retail
$323.1K
$282.8K – $377.0K
NOI $22,620 @ 7.0% cap · market cap 8.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$532.7K
$466.1K – $621.5K
NOI $37,288 @ 7.0% cap · market cap 14.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
447
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 - Open-plan commercial space with a bathroom, central AC, electric heat, and public water and sewer.
Where is this retail space located?
The property is located at 819 Lafayette Rd 2C Hampton, NH.
What is the asking price?
The asking price for this property is $264,000.
What are key features of this property?
This property features: 1,600 Sq. Ft. first‑floor retail condo; Directly on high traffic Route 1; Open floor plan with bathroom
