127 Parrott Ave Portsmouth, NH 03801-4402
Property profile & analytics
127 Parrott Ave Portsmouth, NH 03801-4402
- Office buildings
- 14,949 SF
- 0.94 lot acres
Property ID
US58-0610007
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Petersen Engineering Inc / Engineering Consultant
- New Hampshire Association-The Blind / Social Service Agency / Charitable Organization
- Butterlux Bakery / Bakery / Specialty Food Shop
- Three Phase Line Construction, Inc. / General Contractor
- Hoefle Phoenix Gormley & Roberts, PLLC / Law Firm
Property Details for 127 Parrott Ave
- Year built
- 1952
- Construction
- FRAME
- Lot size
- 0.94 lot acres
- Property size
- 14,949 SF
- Zone code
- MRO
- Property type
- Office buildings
- APN
- PRSM M:0115 B:0003 L:
- APU
- PRSMM0115B0003L
Description
This exceptional 2,470 square foot office suite is available for lease at 127 Parrott Ave, Portsmouth, NH 03801. Located on the second floor of a professionally managed building, this space offers breathtaking views of Portsmouth's scenic South Mill Pond and City Hall. The suite boasts an open office area with ample space for up to sixteen employees, configured with existing cubicles. A large conference room is also included, ideal for meetings and presentations. Built in 1952 and extensively renovated in 2013, the building features an attractive entrance and well-maintained common areas filled with natural light. Full ADA accessibility is ensured through interior and exterior accommodations, including elevator service. Convenient shared restrooms and a kitchen maximize the usable space within each suite. Ten dedicated parking spaces are provided, supplemented by visitor parking and readily available free on-street parking. The building is zoned MRO and situated in Rockingham County. This single-tenant space is part of a larger building totaling 23,166 square feet. The building is home to established professional firms, creating a prestigious and collaborative environment. This is a rare opportunity to secure a highly desirable waterfront office space in the heart of Portsmouth.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $4,560,000
- 6.5%
- $4,210,000
- 7%
- $3,910,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $3,738,000
Market price range: $1.30M - $4.17M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $4,570,000 Current use
- AUTO REPAIR, GARAGE
- $3,940,000 Change: -14% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Portsmouth
- County
- Rockingham
- State
- New Hampshire
- Longitude
- -70.7578
- Latitude
- 43.074
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$53,384
$1,244,600
$2,065,000
$3,309,600
-
$0.00
$0.00
$0.00
