Hampton Mixed-Use Investment
For Sale
$989,900
852 Lafayette Road, Hampton, NH 03842
Mixed-use property with apartments and commercial space in Hampton's business district.
Property Size6,206 SF
Price / SF$159.51
Days on Market141
Property Features for 852 Lafayette Road
General Information
Standard status
Active
Size
6,206 SF
Property subtype
Residential Income
Zoning
B
Taxes and HOA fees
Annual Taxes
$10,371
Amenities
Ductless
Natural Gas, Electric
Gravel
Modified
Building Details
Building Size
6,206 SF
Year Built
1950
Stories
2
Listing Agency:
McGuirk Properties, LLC
(603) 944-6564
Listed By:
Tom McGuirk
(603) 944-6564
Source:
Evrealestate
Added: Apr 6
Changed: Aug 23
Last Checked: Aug 24 at 4:54AM
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 McGuirk Properties, LLC
Investment Insights
Based on property information with market context.
Located in the heart of Hampton’s business district at 852 Lafayette Road, this mixed-use property features five units: four residential apartments and one commercial space. The property offers income potential and versatility for investors or owner-operators. Positioned along a highly visible corridor with steady traffic flow, the property benefits from exposure and accessibility. The residential units provide consistent rental demand, while the commercial space offers flexibility for a variety of business uses. The location is near shopping, dining, and major routes. On-site parking enhances the appeal for both tenants and customers. The property is located in an active commercial area. The bike score is 40, indicating it is somewhat bikeable, and the walk score is 51, indicating it is somewhat walkable.
Key Highlights
- Strong income potential from five units (four residential, one commercial).
- Prime location in the heart of Hampton's business district at 852 Lafayette Road.
- High visibility and accessibility on a corridor with steady traffic flow.
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
$57,809
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
5.84%
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%
$1,156,180
$1.2M
Cap Rate 7%
$825,843
$825.8K
Cap Rate 9%
$642,322
$642.3K
Market Conditions
NOI Build-Up for 6,206 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
$100.5K $16.20/SF
− Vacancy
−$8.0K −$1.30/SF
EGI
$92.5K $14.90/SF
− OpEx
−$34.7K −$5.59/SF
NOI
$57.8K $9.32/SF
Area
Rockingham County, NH
Vacancy
8.00%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
37.50%
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%
$1,156,180
Cap Rate 7%
$825,843
Cap Rate 9%
$642,322
Alternative Uses
Best Use
Mixed Use
$825.8K
$722.6K – $963.5K
NOI $57,809 @ 7.0% cap · market cap 5.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.07M
$1.81M – $2.41M
NOI $144,631 @ 7.0% cap · market cap 14.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
387
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property with apartments and commercial space in Hampton's business district.
Where is this mixed-use property located?
The property is located at 852 Lafayette Road Hampton, NH.
What is the asking price?
The asking price for this property is $989,900.
What are key features of this property?
This property features: Strong income potential from five units (four residential, one commercial).; Prime location in the heart of Hampton's business district at 852 Lafayette Road.; High visibility and accessibility on a corridor with steady traffic flow.
