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    Property profile & analytics

    741 Ocean Blvd Rye, NH 03870-2105

    • Commercial real estate
    • 4,842 SF
    • 1.52 lot acres
    OFF-MARKET
    Value Estimation
    $1,355,000
    Last Sale
    Apr 01, 2024
    $1,350,000
    Location Intelligence
    Property ID
    US58-0346925
    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.

    Current Use by Public Records

    • Rye Motor Inn / Serviced Apartment / Hotel
    • The Swim Shop at Rye Motor Inn / Clothing Store

    Property Details for 741 Ocean Blvd

    Year built
    1960
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.52 lot acres
    Property size
    4,842 SF
    Zone code
    BUS
    Property type
    Commercial real estate
    APN
    RYEE M:231 B:028
    APU
    RYEEM231B028

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,350,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,305,000
      6.5%
      $1,390,000
      7%
      $1,425,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,460,000
      Geo Method
      $1,395,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,305,000
      Retail
      $1,265,000
      Mixed-Use
      $1,305,000
      Hospitality
      $1,465,000
      Educational
      $1,325,000
      Residential Income
      $1,330,000
      Energy
      $1,235,000
      Income-Based Land
      $1,195,000
      Food Service
      $1,480,000

    Location Insight

    • Map
    • Local Demand
    City
    Rye
    County
    Rockingham
    State
    New Hampshire
    Longitude
    -70.718
    Latitude
    43.0371
    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
    $14,880
    $1,364,500
    $488,600
    $1,853,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      17,686 SF

      731 Central Rd

      COMMERCIAL (GENERAL) • 17,686 SF
      731 Central Rd, Rye, NH 03870
      View Details
    • Value Estimation
      $225,000
      4,028 SF

      681 Wallis Rd

      SHOW ROOM, WAREHOUSE • 4,028 SF
      681 Wallis Rd, Rye, NH 03870-2226
      View Details
    • Value Estimation by Request
      2,393 SF

      112 Wentworth Rd

      COMMERCIAL (GENERAL) • 2,393 SF
      112 Wentworth Rd, Rye, NH 03870-6107
      View Details
    • Value Estimation
      $360,000
      6,000 SF

      40 Lafayette Rd

      SHOW ROOM, WAREHOUSE • 6,000 SF
      40 Lafayette Rd, Rye, NH 03870-6100
      View Details
    • Value Estimation
      $335,000
      2,348 SF

      522 Sagamore Rd

      COMMERCIAL (GENERAL) • 2,348 SF
      522 Sagamore Rd, Rye, NH 03870-2042
      View Details
    • Value Estimation
      $315,000
      1,764 SF

      475 Washington Rd

      SHOW ROOM, WAREHOUSE • 1,764 SF
      475 Washington Rd, Rye, NH 03870-2459
      View Details

    Similar Nearby for Sale

    • $5,495,000
      52,507 SF

      Rye, NH Mixed-Use Investment

      Historic Inn & Retail Complex, High ROI
      150 Lafayette Rd, Rye, NH 03870
      View Details
    • $4,200,000

      Land For Sale

      Land available for sale.
      433 Central Rd, Rye, NH 03870
      View Details
    • $699,000
      0.48 Acres

      Rye Land Near Wallis Sands

      Half-acre lot near Wallis Sands Beach to build your dream home.
      137 Clark Rd, Rye, NH 03870
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    • $4,500,000
      4,847 SF

      Ocean Boulevard Multi-Family Investment

      Investment opportunity near Wallis Sands Beach with redevelopment potential.
      1191 Ocean Blvd, Rye, NH 03870
      View Details
    • New
      $2,125,000
      3.59 Acres

      Prime Commercial Land in Rye

      Exceptional lot with frontage on Rt1/Lafayette Rd.
      190 Lafayette Rd, Rye, NH 03870
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    • $10,000,000
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      Commercial Land with Development Potential

      Commercially zoned land in Rye, NH, with development potential.
      6 Airfield Dr, Rye, NH 03870
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    Similar Nearby for Lease

    • $3,800 /Mo

      Furnished Suite with Ocean Views

      Furnished 2-bedroom suite with ocean views available for rent.
      1497 Ocean Blvd, Rye, NH 03870
      View Details
    • $800 /Mo

      Rye Office Space For Rent

      Second floor office space available for rent in Rye.
      1247 Washington Rd, Rye, NH 03870
      View Details
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    741 Ocean Blvd
    Rye, NH 03870-2105
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    Realmo Value Estimation

    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.

    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.

    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
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