137 Portsmouth Ave Stratham, NH 03885-2421
Property profile & analytics
137 Portsmouth Ave Stratham, NH 03885-2421
- Showrooms
- 8,215 SF
- 1.67 lot acres
Property ID
US58-0110174
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
- Richard L. Zeff, M.D. P.A. / Physician / Medical Clinic
- Sarah Proulx / Physician
Property Details for 137 Portsmouth Ave
- Year built
- 2001
- Lot size
- 1.67 lot acres
- Property size
- 8,215 SF
- Zone code
- TC T
- Property type
- Showrooms
- APN
- STRH M:00017 B:000036 L:000000
- APU
- STRHM00017B000036L000000
Description
This exceptional 7,607 square foot medical office building presents a unique opportunity in the thriving town of Stratham, New Hampshire. Located at 137 Portsmouth Avenue, this turn-key property boasts high visibility and benefits from significant daily traffic, averaging approximately 5,143 vehicles per day. The building's design and current setup are ideal for immediate occupancy and the commencement of medical practice, offering a seamless transition for established businesses or a perfect platform for new ventures. The property's strategic location ensures easy access for patients and clients, maximizing convenience and exposure. Beyond its operational advantages, this property offers substantial investment potential. The existing structure provides a strong foundation for generating rental income, making it an attractive option for investors seeking a stable and potentially lucrative return. Whether you're a medical professional looking to establish a thriving practice or an investor seeking a high-yield property, this Stratham office building presents a compelling opportunity. The property is situated on a 0-acre lot and is priced at $2,325,000. This is a rare chance to acquire a well-positioned, ready-to-use medical office building in a desirable New Hampshire location.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,570,000
- ML approach
- $1,625,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,275,000
- 6.5%
- $1,175,000
- 7%
- $1,095,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,370,000
Market price range: $365k - $1.50M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,895,000 Current use
- AUTO REPAIR, GARAGE
- $2,165,000 Change: +14% Conversion: Difficult
- RETAIL STORES
- $1,780,000 Change: -6% Conversion: Easy
- OFFICE BUILDING
- $1,550,000 Change: -18% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Stratham
- County
- Rockingham
- State
- New Hampshire
- Longitude
- -70.9167
- Latitude
- 43.0242
- 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
$30,355
$386,000
$1,065,700
$1,451,700
-
$0.00
$0.00
$0.00
