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    70 Lafayette Rd North Hampton, NH 03862

    Sponsored
    For Sale
    Contact for pricing

    16+ Acres, 5 Buildings, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 16+ acre redevelopment opportunity in North Hampton, NH, presents a significant investment prospect. Located at 70 Lafayette Road, this property boasts a prime location at a highly visible corner intersection of Route 1 and Atlantic Avenue, enjoying approximately 28,000 vehicles per day. The site includes five existing buildings, several of which are currently leased, offering immediate income potential. The property features approximately 750 feet of road frontage, providing excellent visibility and accessibility. Zoned I B/R, this versatile property allows for a variety of uses, including retail, office, industrial, and residential development. The large assemblage of contiguous parcels presents a unique opportunity for a substantial development project. Its proximity to a state liquor store and Rite Aid further enhances its retail appeal. The seller is open to creative proposals and welcomes inquiries from interested parties. This is a rare chance to acquire a substantial land parcel in a high-traffic area with significant development potential. The property is offered for sale or lease.

    Property Features for 70 Lafayette Rd

    General Information

    Property type
    Distribution properties

    Building Details

    Buildings
    5

    HighLights

    • 16+ acre redevelopment opportunity in North Hampton, NH, at 70 Lafayette Road.
    • Prime corner location at Route 1 and Atlantic Avenue, with approximately 28,000 vehicles per day.
    • Five existing buildings, some currently leased, offering immediate income potential.
    • 750 feet of road frontage, providing excellent visibility and accessibility.
    • IB/R zoning allows for retail, office, industrial, and residential development.
    • Offered for sale or lease.
    Property Profile Location Intelligence

    Current Use by Public Records

    Infinity Constructors Inc Mechanical Contractor

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    North Hampton
    County
    Rockingham
    State
    New Hampshire
    Longitude
    -70.835057833284
    Latitude
    42.973898820265

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    Nearby Similar for Sale

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      Two industrial buildings on 8.85 acres in New Hampshire.
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      Prime North Hampton Industrial Space

      14,000 SF Flex Warehouse, 3 Acres
      34 Lafayette Rd, North Hampton, NH 03862
      View Details

    FAQs

    What type of property is this?
    Distribution property - 16+ Acres, 5 Buildings, High Traffic
    Where is this distribution property located?
    The property is located at 70 Lafayette Rd North Hampton, NH.
    What are key features of this property?
    This property features: 16+ acre redevelopment opportunity in North Hampton, NH, at 70 Lafayette Road.; Prime corner location at Route 1 and Atlantic Avenue, with approximately 28,000 vehicles per day.; Five existing buildings, some currently leased, offering immediate income potential.
    Request Owner's contact information
    70 Lafayette Rd North Hampton, NH 03862
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    North Hampton, NH 03862
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    70 Lafayette Rd North Hampton, NH 03862
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