Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    185 Lafayette Rd Seabrook, NH 03874-4511
    Back to Search
    Property profile & analytics

    185 Lafayette Rd Seabrook, NH 03874-4511

    View on Map
    • Retail properties & Spaces
    • 3,436 SF
    • 0.33 lot acres
    Off-Market
    Last Sale May 1, 2025
    $450,000
    Property ID
    US58-0111638
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Pet City llc / (Bike/Boat/Book/etc) Store / Pet Store & Service

    Property Details for 185 Lafayette Rd

    Year built
    1951
    Construction
    FRAME
    Lot size
    0.33 lot acres
    Property size
    3,436 SF
    Zone code
    LA2
    Property type
    Retail properties & Spaces
    APN
    SEAB M:9 B:149
    APU
    SEABM9B149

    Description

    This exceptional 6,101 square foot mixed-use building is situated on a 0.33-acre lot at 185 Lafayette Road in Seabrook, New Hampshire. Boasting over 100 feet of road frontage on busy Route 1, this property benefits from a high daily traffic count exceeding 19,278 vehicles (per NHDOT 2019 data), providing excellent visibility and accessibility. Its prime location offers easy access to both Massachusetts and the Seacoast region. Currently configured as a pet store and a one-bedroom, one-bathroom apartment, the property presents a multitude of possibilities for future use. The stand-alone building offers significant flexibility for a variety of commercial ventures, complemented by the residential component. The substantial road frontage and high traffic volume make this an ideal location for businesses seeking maximum exposure. This property represents a unique investment opportunity in a thriving area with strong potential for growth and return. The existing structure provides a solid foundation for immediate occupancy or redevelopment, catering to a wide range of business needs. Serious inquiries are encouraged to explore the full potential of this versatile commercial property.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Seabrook
    County
    Rockingham
    State
    New Hampshire
    Longitude
    -70.8687
    Latitude
    42.8796
    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
    $6,849
    $381,200
    $72,700
    $453,900
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $700,000
      3,828 SF

      445 State Rte 286

      DEPARTMENT STORE • 3,828 SF
      445 State Rte 286, Seabrook, NH 03874
      View Details
    • Value Estimation
      $2,625,000
      24,286 SF

      536 Lafayette Rd

      DEPARTMENT STORE • 24,286 SF
      536 Lafayette Rd, Seabrook, NH 03874-6250
      View Details
    • Value Estimation
      $1,330,000
      11,240 SF

      207 Ocean Blvd

      DEPARTMENT STORE • 11,240 SF
      207 Ocean Blvd, Seabrook, NH 03874-4939
      View Details
    • Value Estimation by Request
      2,790 SF

      210 Ocean Blvd

      DEPARTMENT STORE • 2,790 SF
      210 Ocean Blvd, Seabrook, NH 03874-4927
      View Details
    • Value Estimation by Request
      384 SF

      14 Collins St

      DEPARTMENT STORE • 384 SF
      14 Collins St, Seabrook, NH 03874-4603
      View Details
    • Value Estimation
      $1,070,000
      7,108 SF

      115 Lafayette Rd

      DEPARTMENT STORE • 7,108 SF
      115 Lafayette Rd, Seabrook, NH 03874-4511
      View Details

    Similar Nearby for Sale

    • $3,500,000

      Seabrook Office Building - Prime Location

      Modern Office/Warehouse, I-95 Access, Leased
      20 London Ln, Seabrook, NH 03874
      View Details
    • $3,500,000
      Pending

      Medical Manufacturing NNN Investment Opportunity

      Net-leased medical manufacturing property with no landlord responsibilities.
      20 London Ln, Seabrook, NH 03874
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      43,560 SF

      Seabrook Warehouse with Retail Presence

      Freestanding warehouse/manufacturing building with retail presence, available May 2026.
      894 Lafayette Rd, Seabrook, NH 03874
      View Details
    • $17 SF/Yr

      Warehouse/Manufacturing Building with Retail Presence

      Freestanding warehouse/manufacturing building with retail presence near Rt 1.
      894 Lafayette Rd, Seabrook, NH 03874
      View Details
    • Contact for pricing

      Retail & Industrial Space Available

      Prime location in Seabrook's high-traffic, tax-free shopping district.
      890 Lafayette Rd, Seabrook, NH 03874
      View Details
    • Contact for pricing
      43,560 SF

      Prime Retail & Industrial Hub

      Move-in-ready facility in Seabrook's high-growth sector.
      890 Lafayette Rd, Seabrook, NH 03874
      View Details
    • Contact for pricing

      Seabrook Crossing Retail Opportunity

      Large shopping center with national retail tenants in Seabrook, NH.
      570 Lafayette Rd, Seabrook, NH 03874
      View Details
    • Contact for pricing

      Versatile Commercial Space in Seabrook

      Adaptable space suitable for retail, restaurant, warehouse, or industrial uses.
      28 Collins St, Seabrook, NH 03874
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    185 Lafayette Rd
    Seabrook, NH 03874-4511
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    185 Lafayette Rd, Seabrook, NH, 03874
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!