First-Floor Retail
New
For Sale
$125,000
819 Lafayette Rd 4C, Hampton, NH 03842
Turnkey commercial suite with central AC, electric heat, public utilities, and on-site parking.
Property Size760 SF
Price / SF$164.47
Days on Market1
Property Features for 819 Lafayette Rd 4C
General Information
Standard status
Active
Size
760 SF
Property subtype
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Additional Details
Floor
Ground
Amenities
on site parking
Building Details
Year Built
1980
Construction
stone
Tenancy
Single
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 2:50PM
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 4C is a 760-square-foot, first-floor retail condominium within a stone-façade building constructed in 1980. The space is described as turnkey and includes electric heat, central air conditioning, and public water and sewer. Its compact layout is positioned for boutique retail, studio, or professional office use.
The property fronts Route 1 in Hampton and benefits from exposure along an established retail corridor with nearby complementary local businesses. On-site parking is provided, while the location is characterized as car-dependent with a walk score of 2 and a bike score of 29.
The property fronts Route 1 in Hampton and benefits from exposure along an established retail corridor with nearby complementary local businesses. On-site parking is provided, while the location is characterized as car-dependent with a walk score of 2 and a bike score of 29.
Key Highlights
- 760‑square‑foot first‑floor retail condominium
- Direct Route 1 frontage in Hampton, NH
- Stone‑façade 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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Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
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 - Turnkey commercial suite with central AC, electric heat, public utilities, and on-site parking.
Where is this retail space located?
The property is located at 819 Lafayette Rd 4C 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‑square‑foot first‑floor retail condominium; Direct Route 1 frontage in Hampton, NH; Stone‑façade building constructed in 1980
