Individually Owned 
For Lease
1 / 8
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1 Hampton Rd, Exeter, NH 03833
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Property summary
AI-generated overview
An outpatient medical office building located on Route 27 near Exeter Hospital (Beth Israel Lahey Health), with access to Route 101 and I-95. The building is approximately one mile from Exeter Hospital, about five minutes from downtown Exeter, roughly twenty minutes south of Portsmouth, and about forty-five minutes north of Boston, with commuter rail service to Boston via Amtrak operating seven days per week from downtown Exeter. The property includes on-site parking and is designed with healthcare-focused improvements, with interior space available for customization.
Property profile
Verified
Property type
Other commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1965
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
50,370 SF
Lot
10.97 ac (477,853 SF)
Zoning code
NP
APN
EXTR M:069 L:036
UPID
US58-0636908
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.30M
CAP Approach
CAP
$7.22M
Comparable Approach
Comparable
$9.97M
Blend (final)
Blend
$9.64M
Owner & transaction history
since 2023
Last sale
$13.5M
7 recorded transactions
Zoning & alternative use
NP · Exeter, NH
Zoning description
‘Neighborhood Professional’ (NP). March 14, 1995 2.20 Definitions By adding a new definition as follows: “Sexually Oriented Business Use” A principal use or substantial accessory use where goods and/or services are marke…
General category
COMMERCIAL
Top alternative use upside
Auto repair, garage
$13.3M
+59.7%
Retail stores
$10.9M
+31.2%
Office building
$9.9M
+18.9%
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
4 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$9.64M
Value range
$8.67M – $10.60M
±10% around blend
Estimated value / SF
$191 / SF
Confidence
Property data
100
Market benchmarks
67
Comparable evidence
60
Income certainty
100
$8.67M
blend $9.64M
$10.60M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
50,370 SF
Lot area
10.97 ac
Year built
1965
Stories
3
APN
EXTR M:069 L:036
Zoning
NP
Assessed value
$8,902,300
Annual tax
$238,404
3
Income approach: direct capitalization
Partial preview
Income approach indication
$7.22M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$7.82M
@ 6.5% CAP return
$7.22M
@ 7% CAP return
$6.71M
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$238,404
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$9.97M
Range $5.02M – $12.89M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$9.64M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 28 sales
$165
+16%
County 352 sales
$231
-17%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $191/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Auto Repair, Garage
Gross theoretical uplift
+60%
vs current-use indication
Retail Stores
Office Building
Commercial (general) · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
Selected market yield
4.90%
Selected cap rate for this other commercial real estate
Derived from the Exeter market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 4.90%
9.0%
NOI (est.)
$1.21M *
Last sale · Aug 2023
$13.50M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$24.70M
Move the market yield to see immediate price impact.
Value / SF
$490
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
4.40%4.90%5.40%
$1.09M
$24.76M
$22.23M
$20.17M
$1.21M
$27.51M
$24.70M
$22.41M
$1.33M
$30.26M
$27.17M
$24.65M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$238,404
Tax year 2023
Assessed value
$8,902,300
Assessed 2023
Previous assessed
$8,902,300
+0.0% YoY
Effective rate
2.68%
On assessed value
Assessed land
$1,183,200
Assessed improvement
$7,719,100
Applied tax rate
25,380.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Lease
Year built
1965
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
3
Units
26
Bathrooms
4
Total area
50,370 SF
Lot
10.97 ac (477,853 SF)
Zoning code
NP
APN
EXTR M:069 L:036
UPID
US58-0636908
Jurisdiction
EXETER TOWN
Metro division
ROCKINGHAM COUNTY-STRAFFORD COUNTY, NH METROPOLITAN DIVISION
Zoning & alternative use
NP · Exeter, NHZoning NP · permitted uses
NP · Exeter, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
‘Neighborhood Professional’ (NP). March 14, 1995 2.20 Definitions By adding a new definition as follows: “Sexually Oriented Business Use” A principal use or substantial accessory use where goods and/or services are marke…
General category
COMMERCIAL
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1965
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
2
Units
26
Bathrooms
4
Lot
10.97 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
NP
COMMERCIAL
Jurisdiction
Exeter, NH
Recorded code
NP
Official district
NP
Official district profile
What the municipal code says about NP
Zoning description
‘Neighborhood Professional’ (NP). March 14, 1995 2.20 Definitions By adding a new definition as follows: “Sexually Oriented Business Use” A principal use or substantial accessory use where goods and/or services are marke…
General category
COMMERCIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for NP in Exeter, NH.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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