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    Property profile & analytics
    OFF-MARKET Estimated value $610,000
    Showrooms

    892 Lafayette Rd, Hampton, NH 03842-1250

    1,680 SF 0.5 ac lot Built 1978
    Entity Owned 23-yr Hold Free & Clear
    Property ID
    US58-0012120
    Property summary
    AI-generated overview

    This exceptional 3,360 square foot free-standing commercial/retail building enjoys a prime location on Route 1 (Lafayette Road) in Hampton, NH. The property boasts excellent visibility and signage opportunities, making it ideal for a variety of businesses. The generous lot size offers ample off-street parking. Town water, sewer, and natural gas services are readily available. The building's flexible layout allows for single or multiple occupancy, with the potential for owner-occupied use and rental income. Previous tenants included a doggy daycare, flower shop, and budget rental truck business, demonstrating the versatility of the space. The building features convenient access to both the main floor and a lower level, with multiple entrances including street-side, side doors, and rear access. An interior connection exists between the main floor and lower level. A significant advantage is the existing variance permitting residential owner occupancy in the downstairs apartment while operating a business upstairs. This presents a unique opportunity for an owner-user seeking both business space and residential accommodations. Currently vacant and easily shown. This is an excellent investment opportunity for both owner-users and investors alike.

    Property profile
    Verified
    Property type Showrooms
    Use group SHOW ROOM, WAREHOUSE
    Year built 1978
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 1,680 SF
    Lot 0.5 ac (21,780 SF)
    Zoning code B
    APN HMPT M:56 B:3
    UPID US58-0012120
    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
    $713k
    Blend (final) Blend
    $610k
    Owner & transaction history
    Wallace Chevrolet INC · 23 yrs held
    Wallace Chevrolet INC
    since 2003
    4 recorded transactions
    2006
    2003
    $322,500
    2000
    $170,000
    1969
    Zoning & alternative use
    B · Hampton, NH
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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