920 Lafayette RdSeabrook, NH 03874

Property Details for 920 Lafayette Rd

Year built

2003

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.37 AC

Property size (Sq ft)

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.

• CAP approach

  CAP return

  Valuation

  6%

  $13,420,874

  6.5%

  $12,388,499

  7%

  $11,503,606

• Comparable approach

  Method

  Valuation

  Relative Method

  $18,182,572

  Geo Method

  $18,182,572

• Alternative Use

  Use

  Valuation

  Residential

  $10,450,162

  Hospitality

  $9,572,292

  Educational

  $7,964,035

  Medical

  $8,237,930

  Retail

  $12,388,499

Location Insight

City

Seabrook

County

Rockingham

State

New Hampshire

Latitude

42.9019

Longitude

-70.8686

CBSA code

14460

CBSA name

BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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