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Property profile & analytics
OFF-MARKET
Commercial land

387 Ocean Blvd Hampton, NH 03842-3634

0.37 ac lot
Individually Owned 26-yr Hold ~ Est. High Equity
Property ID
US58-0039446
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.37 ac (16,117 SF)
Zoning code BS
APN HMPT M:265 B:24
UPID US58-0039446
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
K RT · 26 yrs held
K RT
since 2000
6 recorded transactions
2019
Price N/A
2013
Price N/A
2005
Price N/A
2005
Price N/A
2000
$180,000
1969
Price N/A
Zoning & alternative use
BS · Hampton, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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