387 Ocean Blvd Hampton, NH 03842-3634
This exceptional 0.37-acre oceanfront lot in Hampton Beach, NH, presents a unique investment opportunity. Previously the site of a thriving restaurant, this 16,232 square foot parcel is ideally situated in Hampton's seasonal business zoning district, offering diverse development potential. Imagine the possibilities: a new restaurant, residential development, multi-family units, or condominiums. The location is unparalleled, boasting close proximity to the vibrant Hampton Beach boardwalk, and convenient access to major roadways including Route 101, Route 95, and Route 1. The property benefits from readily available public utilities, including water, sewer, natural gas, and fiber optic connections, simplifying development plans. This prime location ensures high visibility and accessibility, making it an attractive proposition for a wide range of ventures. For those seeking an even larger footprint, an adjacent 6,179 square foot lot (MLS #366557) is also available for purchase, creating a combined area of over half an acre. This combined purchase presents an exceptional opportunity to create a truly significant development in a highly sought-after location. Don't miss this chance to acquire a piece of Hampton Beach's vibrant waterfront. The asking price for this remarkable property is $1,100,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
BS · Hampton, NHHampton. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.