Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    12 Murphy Dr, Unit 2A Nashua, NH 03062

    View on Map
    Loading data...
    Loading data...
    Loading data...
    Pending
    $12 SF/Yr

    Efficient office layout in Nashua, NH, near Everett Turnpike.

    Property Features for 12 Murphy Dr

    General Information

    Property type
    Commercial
    Standard status
    Pending

    Building Details

    Year built
    2004

    We can help!

    Listing Contact
    Bradley Vear
    Source: Elliman

    Listing Agent: Bradley Vear

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Commercial Condo Unit For Rent

    Commercial condo unit 2A at 12 Murphy Drive is an end unit featuring an efficient office layout. The space includes a mix of open space, semi-enclosed work areas, and a private office. Previously occupied by an adult day care, the unit can accommodate a variety of businesses. The location is just off Northeastern Blvd in Nashua, NH, with close proximity to Everett Turnpike/Rt 3 Exits 4 or 5. Pass thrus are $3.82 PSF, consisting of taxes at $1.92 PSF and a condo fee of $1.90 PSF.
    Location Intelligence

    Current Use by Public Records

    Mass Design Inc. Industrial Manufacturer Beacon Technical Sales ... Electronics Accessories Wholesaler Transparent Language Training Center High Hopes Foundation ... Charitable Organization The Resonant Path Alternative Medicine Practice

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Nashua
    County
    Hillsborough
    State
    New Hampshire
    Longitude
    -71.4861691
    Latitude
    42.739289

    Nearby Similar for Lease

    • Contact for pricing

      Retail/Commercial Space Near Highway

      Retail/commercial space with highway access in Nashua, NH.
      9 Simon St, Nashua, NH 03060
      View Details
    • $16 SF/Yr
      1,080 SF

      Downtown Nashua Office Suites

      Professional office suites in downtown Nashua available for lease.
      1 Elm St, Nashua, NH 03060
      View Details
    • Contact for pricing

      Versatile Commercial Space in Nashua

      Affordable, unfinished commercial unit ready for customization in Nashua.
      120 Amherst St, Nashua, NH 03064
      View Details
    • Contact for pricing
      33,106 SF

      Downtown Nashua Former Restaurant/Bar/Club

      9,000 SF former restaurant/bar/club space in Downtown Nashua, NH.
      53 High St, Nashua, NH 03060
      View Details
    • Sponsored
      Contact for pricing

      One Tara Boulevard

      Flexible workspace in San Jose Airport
      1 Tara Blvd, Nashua, NH 03062
      View Details
    • Contact for pricing
      3,485 SF

      Downtown Nashua Office Suites Available

      Professional office suites for lease in downtown Nashua.
      1 Elm St, Nashua, NH 03060
      View Details
    • $1,500 /Mo

      Versatile Unfinished Commercial Space

      Affordable, open-concept commercial unit ready for customization.
      120 Amherst St, Nashua, NH 03064
      View Details
    • $22 SF/Yr

      Prime Retail Space in Nashua

      1200 SF retail space in a vibrant Nashua location.
      295 Daniel Webster Hwy, Nashua, NH 03060
      View Details
    • $16 SF/Yr

      Downtown Nashua Professional Office Suites

      Professional office suites for lease in downtown Nashua.
      1 Elm St, Nashua, NH 03060
      View Details
    • $15 SF/Yr

      Retail Space on Busy Street

      Retail space with high visibility and convenient access.
      14A Broad St, Nashua, NH 03064
      View Details
    • $595 /Mo
      250 SF

      Affordable Nashua Office Space Available

      Flexible commercial space with included utilities and amenities in Nashua.
      230 Amherst St, Nashua, NH 03063
      View Details
    • Contact for pricing
      3,109 SF

      Retail Space in Nashua Center

      Retail space available in a shopping center with ample parking.
      258-270 Daniel Webster Hwy, Nashua, NH 03060
      View Details

    FAQs

    What type of property is this?
    Office units - Efficient office layout in Nashua, NH, near Everett Turnpike.
    Where is this office units located?
    The property is located at 12 Murphy Dr, Unit 2A Nashua, NH.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - End unit commercial condo.; - Efficient office layout with flexible space (open, semi-enclosed, private).; - Excellent location off Northeastern Blvd in Nashua, NH.
    (603) 305-7676
    Request Owner's contact information
    12 Murphy Dr, Unit 2A Nashua, NH 03062
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    12 Murphy Dr, Unit 2A
    Nashua, NH 03062
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    12 Murphy Dr, Unit 2A Nashua, NH 03062
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Bradley Vear
    (603) 305-7676 (603) 882-6000
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!