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    Retail/Industrial Flex Space with Drive-In Title is generated by Realmo AI

    890 Lafayette Road, Seabrook, NH 03874

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    COMMERCIAL - Seabrook, NH

    Lot size:
    1.00 Acre
    Added:
    Feb 26, 2026
    Days on Market:
    98
    Last Refresh:
    Jun 4 at 6:06 am

    Property Features for 890 Lafayette Road

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Zoning
    IND/COMM
    Standard status
    Active
    Lot size
    1.00 Acre

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1970
    Building materials
    Concrete Exterior
    Roof type
    Shingle

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    Listing Contact
    Stephen Cavanaugh

    Listing agent Stephen Cavanaugh License #452001527

    Listing office Keller Williams Realty Evolution 500 Cummings Center, Beverly, NH

    Listing date Feb 26, 2026

    MLS# 5077675

    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.

    HighLights

    • 890 Lafayette Rd, Seabrook, NH commercial space with immediate occupancy available
    • High‑traffic corridor frontage with an estimated daily traffic count of 25,000–32,000+ vehicles
    • Dual‑purpose layout with a retail storefront integrated with a drive‑in bay door
    • Industrial/Commercial zoning supports retail, showroom, or distribution uses
    • Public utilities: public water and public sewer
    • Built in 1970 with concrete exterior and a shingle roof

    Overview

    This move-in-ready facility at 890 Lafayette Road in Seabrook is designed as a retail-and-industrial hybrid. It includes a retail storefront paired with a functional drive-in bay door, supporting day-to-day customer-facing activity while also accommodating operational needs tied to industrial use. The property is presented as turnkey, and it is available with immediate occupancy.

    The site is positioned in a high-traffic retail and industrial corridor, with the public remarks citing 25,000–32,000+ vehicles daily, and is described as being just minutes from I-95 and the Massachusetts border. The listing also notes “tax-free” status and highlights ample on-site parking and straightforward regional access for both staff and clients.

    With IND/COMM zoning, the property is intended to accommodate a range of commercial uses, including retail, showroom, or distribution. It is described as a good fit for experience-oriented and specialty businesses such as kitchen and bath, flooring, furniture, or appliances showrooms, as well as trade-oriented operations like contractor design centers and wholesale supplies. The drive-in configuration supports businesses that need both a storefront presence and practical receiving or service access. Flexible leasing terms are offered to support tenants from move-in through ongoing operations.
    Property Profile Location Intelligence

    Current Use by Public Records

    Seacoast Stone Kitchen & Bath Showroom

    Suggested Use

    Restaurant Real Estate Agency Law Firm Dental Office Building Supply Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Little Neck Clambake Co. — 920 Lafayette Rd #204b, Seabrook, NH 03874

    Location Insight

    • Map
    • Local Demand
    City
    Seabrook
    County
    Rockingham
    State
    New Hampshire
    Longitude
    -70.8687094
    Latitude
    42.9017921

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    FAQs

    What type of property is this?
    Flex space - Move-in-ready hybrid retail storefront with a drive-in bay door, suited to showroom and distribution uses under IND/COMM zoning.
    Where is this flex space located?
    The property is located at 890 Lafayette Road Seabrook, NH.
    What are key features of this property?
    This property features: 890 Lafayette Rd, Seabrook, NH commercial space with immediate occupancy available; High‑traffic corridor frontage with an estimated daily traffic count of 25,000–32,000+ vehicles; Dual‑purpose layout with a retail storefront integrated with a drive‑in bay door
    (978) 927-8700
    We can help!
    Listing Contact
    Stephen Cavanaugh
    Real Estate License ID: 452001527
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    890 Lafayette Road, Seabrook, NH 03874
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