387 Ocean BlvdHampton, NH 03842

For Sale
$1,100,000 View listing
  • Commercial land
  • 0.37 AC

Property Details for 387 Ocean Blvd

Lot size
0.37 AC
Zone code
BS
Property type
Commercial land
APN
HMPT M:265 B:24
APU
HMPTM265B24

Description

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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,049,967
    Hospitality
    $2,793,753
    Educational
    $2,324,370
    Medical
    $2,404,308
    Retail
    $3,615,686
387 Ocean Blvd, Hampton, New Hampshire

Location Insight

City
Hampton
County
Rockingham
State
New Hampshire
Latitude
42.9173
Longitude
-70.8065
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
$10,293
$614,500
-
$614,500
-
-
-
-

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