Property profile

892 Lafayette Rd Hampton, NH 03842

FOR SALE
Showrooms
Property ID
US58-0012120
1,680 SF 0.5 ac lot Built 1978
Entity Owned 23-yr Hold Free & Clear
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Property summary

AI-generated overview

This freestanding commercial/retail building is located on Route 1 (Lafayette Road) in Hampton, New Hampshire, on a 0.5-acre lot with off-street parking and roadside frontage suitable for signage. Utilities include town water and town sewer, as well as natural gas. The building previously supported multiple business uses, including a doggy day care, a flower shop, and Budget Rental Trucks, and is configured in a way that can accommodate single or multiple users. Access is available to the lower level from the rear and to the main floor from a front street-side entrance, with additional access via two side doors; internal connection also exists between the main floor and lower level. The lower level was previously used as an apartment with residential owner occupancy allowed in combination with an owner-operated business upstairs. The property is zoned B, the interior has been gutted, and the space is ready for renovation and customization.

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1978
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,680 SF
Lot 0.5 ac (21,780 SF)
Zoning code B
APN HMPT M:56 B:3
UPID US58-0012120

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

892 Lafayette Rd Hampton, NH 03842
Hampton metro Census 65010 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$713k
Blend (final) Blend
$285k

Owner & transaction history

since 2003
4 recorded transactions
2006
Price N/A
2003
$322,500
2000
$170,000
1969
Price N/A

Zoning & alternative use

B · Hampton, NH
Zoning description

B, I, POR and RA zoning districts lying within the Town Center District and reassigns same to the Town Center-South District (TC-S), Town Center-Historic District (TC-H) and Town Center-North District (TC-N). Town Center…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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