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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    920 Lafayette Rd Seabrook, NH 03874

    • Showrooms
    • 55,222 SF
    • 1.37 lot acres
    For Lease
    View listing
    $16,200 /Mo
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US58-0227741
    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

    • Shane Johnston / Physical Therapist / Practitioner Service Location
    • Cat Tales Rescue / Animal Shelter / Animal Rescue Service
    • Dylan Chisholm / Physical Therapist
    • 920 SMOKE - Offering Vapes, Cigars, Beer & Wine at BEST PRICE in Seabrook, NH / Smoke Shop
    • Veda Wholesale / Wholesaler

    Property Details for 920 Lafayette Rd

    Year built
    2003
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.37 lot acres
    Property size
    55,222 SF
    Zone code
    LA2
    Property type
    Showrooms
    APN
    SEAB M:7 B:91 L:205
    APU
    SEABM7B91L205

    Description

    This exceptional 900-square-foot office space presents a unique leasing opportunity in Seabrook, New Hampshire's vibrant retail corridor. Situated at 920 Lafayette Rd, near RT 107, this newly renovated property offers a single-tenant occupancy within a two-story building constructed in 2003. The space is ideally suited for medical practices, such as chiropractic or massage therapy, thanks to its convenient amenities including a large common area with well-maintained sinks and bathrooms. The building features one elevator for easy access. The property sits on 1.37 acres of land and is zoned C. Its location on the bustling Route 1 retail artery ensures high visibility and accessibility, benefiting from an average daily traffic count of 20,012 vehicles (per NHDOT data). This prime location just over the Massachusetts border offers excellent exposure to a large customer base. The property's modern renovations and convenient features make it an attractive option for businesses seeking a high-traffic, easily accessible location in Seabrook's thriving retail environment. This is a must-see for businesses needing single or multiple offices.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $6,024,000
      Market price range: $6.02M - $21.6M

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

    Location Insight

    • Map
    • Local Demand
    City
    Seabrook
    County
    Rockingham
    State
    New Hampshire
    Longitude
    -70.8686
    Latitude
    42.9019
    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
    $36,814
    $378,900
    $2,060,700
    $2,439,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $750,000
      6,352 SF

      896 Lafayette Rd

      SHOW ROOM, WAREHOUSE • 6,352 SF
      896 Lafayette Rd, Seabrook, NH 03874-4216
      View Details
    • Value Estimation by Request
      2,375 SF

      19th Batchelder Rd

      SHOW ROOM, WAREHOUSE • 2,375 SF
      19th Batchelder Rd, Seabrook, NH 03874-4402
      View Details
    • Value Estimation
      $2,030,000
      6,373 SF

      609 Lafayette Rd

      SHOW ROOM, WAREHOUSE • 6,373 SF
      609 Lafayette Rd, Seabrook, NH 03874-4279
      View Details
    • Value Estimation by Request
      1,464 SF

      20 Adams Ave

      SHOW ROOM, WAREHOUSE • 1,464 SF
      20 Adams Ave, Seabrook, NH 03874-4601
      View Details
    • Value Estimation
      $3,940,000
      34,284 SF

      147 Lafayette Rd

      SHOW ROOM, WAREHOUSE • 34,284 SF
      147 Lafayette Rd, Seabrook, NH 03874-4511
      View Details
    • Value Estimation
      $12,650,000
      87,374 SF

      30 Perkins Ave

      SHOW ROOM, WAREHOUSE • 87,374 SF
      30 Perkins Ave, Seabrook, NH 03874-4258
      View Details

    Similar Nearby for Sale

    • $699,900
      6,101 SF

      Seabrook Mixed-Use Commercial Property

      High-traffic location, investment opportunity.
      185 Lafayette Rd, Seabrook, NH 03874
      View Details
    • $849,900
      0.76 Acres

      High-Visibility Commercial Land on Route One

      Prime commercial land on Route One with high traffic count.
      4 Lakeshore Dr, Seabrook, NH 03874
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    • $899,900

      2.7 Acre Development Opportunity

      2.7 acres of land suitable for various commercial uses.
      213 Nh-107, Seabrook, NH 03874
      View Details
    • New
      $450,000
      1.38 Acres

      Seabrook Land Near Beach

      1.38 acres of land less than 1 mile from beach.
      312 S Main St, Seabrook, NH 03874
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    • $3,500,000

      Seabrook Office Building - Prime Location

      Modern Office/Warehouse, I-95 Access, Leased
      20 London Ln, Seabrook, NH 03874
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    • $899,900

      2.7 Acres Development Opportunity

      2.7 acres of land suitable for various development projects.
      213 Nh Rte, Seabrook, NH 03874
      View Details

    Similar Nearby for Lease

    • $1,600 /Mo

      Seabrook Retail/Office Space Available

      Retail/office space in Seabrook, NH, near Route 1 and 107.
      12-16 New Zealand Rd, Seabrook, NH 03874
      View Details
    • Contact for pricing
      60,984 SF

      Route 1 Commercial Space Available

      4,000 SF commercial space for lease on Route 1.
      867 Lafayette Rd, Seabrook, NH 03874
      View Details
    • Contact for pricing
      836,352 SF

      Seabrook Commercial Space For Lease

      Freestanding warehouse/manufacturing building with retail presence on busy retail corridor.
      894 Lafayette Rd, Seabrook, NH 03874
      View Details
    • Contact for pricing
      191,664 SF

      Versatile Commercial Space in Seabrook

      Adaptable commercial/industrial space in high-traffic Seabrook location.
      28 Collins St, Seabrook, NH 03874
      View Details
    • Contact for pricing
      293,584 SF

      Seabrook Crossing Retail Spaces

      Prime Seabrook, NH retail spaces available.
      570 Lafayette Rd, Seabrook, NH 03874
      View Details
    • Contact for pricing
      5,201 SF

      Retail Space in Seabrook Crossing

      Retail space available in a busy shopping center.
      21 Chevy Chase Rd, Seabrook, NH 03874
      View Details
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    Seabrook, NH 03874
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    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
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