Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Nashua Flex/R&D/Manufacturing Space Title is generated by Realmo AI

    486 Amherst St, Nashua, NH 03063

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    16,708-66,830± SF available in Nashua, near Massachusetts border.

    Type:Industrial
    Property size:
    66,830 SF
    Added:
    Mar 23, 2024
    Days on Market:
    800
    Last Refresh:
    May 12 at 9:39 pm

    Property Features for 486 Amherst St

    General Information

    Standard status
    Active
    Size
    66,830 SF
    Property subtype
    Industrial

    Building Details

    Year Built
    1980

    Spaces For Lease

    at 486 Amherst St Contact us

    Flex/R&D/Manufacturing Space $14/Mo

    Size
    Type
    Industrial
    Contact us

    We can help!

    Listing Contact
    Mike Tamposi
    Mike Tamposi

    Listing agent Mike Tamposi License #NH 061111

    Listing office Boulos Company

    Listing date Mar 23, 2024

    Source Crexi

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

    All listing content including descriptions, pricing, images are the copyrighted material of Boulos Company

    HighLights

    • Strategic Location: Just 1.8 miles from Everett Turnpike (Exit 8) and near the Massachusetts border.
    • Substantial Space Available: 16,708± - 66,830± sf of flexible space for lease.
    • Ample Power Supply: 1600 amps, 480/277v 3‑phase 4‑wire power.
    • Fully Air‑Conditioned: The building is fully air‑conditioned.
    • Sufficient Parking: Common lot with a ratio of 4.68 spaces/1,000 sf leased.
    • Loading Docks: Features four loading docks.

    Overview

    Located at 486 Amherst Street in Nashua, this flex/R&D/manufacturing building offers 16,708 to 66,830 square feet of leasable space within a 100,580 square foot building. The available space includes both walled offices and open areas. The building is fully air-conditioned and equipped with 1600 amps of 480/277V 3-phase 4-wire power. It is serviced by municipal water and sewer, as well as natural gas. The building features a clear height of 14 feet 9 inches and includes four loading docks. Parking is available in a common lot shared with other tenants, providing a ratio of 4.68 spaces per 1,000 square feet leased. The property is situated 1.8 miles from Exit 8 off the Everett Turnpike, placing it a short distance from the Massachusetts border. Manchester-Boston Regional Airport is approximately a 20-minute drive away. Nearby businesses and institutions include Fidelity, Amazon, Spear Research, Crane Currency, ConvenientMD, Nashua Technical College, Market Basket, and Starbucks.
    Property Profile Location Intelligence

    Current Use by Public Records

    Microscan Systems Inc. Factory Omron Automation Americas ... Factory MACOM Industrial Manufacturer

    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
    -71.5236467
    Latitude
    42.7904175

    Nearby Similar for Lease

    • $16 SF/Yr
      1,080 SF

      Downtown Nashua Office Suites

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

      Nashua Commercial Space For Lease

      Office space available in Nashua, NH with flexible zoning.
      113 West Pearl Street, Nashua, NH 03060
      View Details
    • Contact for pricing

      Downtown Nashua Former Restaurant/Bar/Club

      9,000 SF former restaurant/bar/club space in Downtown Nashua, NH.
      53 High Street, Nashua, NH 03060
      View Details
    • $16 SF/Yr
      3,000 SF

      Downtown Nashua Professional Office Suites

      Flexible office suites in downtown Nashua, suitable for various businesses.
      1 Elm Street #303, Nashua, NH 03060
      View Details
    • Sponsored
      $129-$5,154/Mo
      11-1,292 SF

      One Tara Boulevard

      1 Tara Blvd, Unit 200, Nashua, NH 03062
      View Details
    • $20 SF/Yr
      9,000 SF

      Downtown Nashua Former Restaurant Space

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

      Downtown Nashua Office Suites Available

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

      Retail/Commercial Space Near Highway

      Retail/commercial space with highway access in Nashua, NH.
      9 Simon Street, Nashua, NH 03060
      View Details
    • $650/Mo

      Flexible Commercial Space Available

      Affordable office suites with included utilities and amenities.
      230 Amherst St 216, Nashua, NH 03063
      View Details
    • $35 SF/Yr
      12,866 SF

      Office Space in Nashua, NH

      Office space for lease near downtown Nashua, NH.
      2 Cellu Dr, Nashua, NH 03063
      View Details
    • $20 SF/Yr
      9,000 SF

      Downtown Nashua Former Restaurant Space

      9,000 SF former restaurant/bar/club space in Downtown Nashua.
      53-55 High St, Nashua, NH
      View Details
    • $392/Mo

      Nashua Executive Office Suite

      Private office suites with included utilities and amenities.
      15 Tanguay Ave Unit 112, Nashua, NH 03063
      View Details

    FAQs

    What type of property is this?
    Flex space - 16,708-66,830± SF available in Nashua, near Massachusetts border.
    Where is this flex space located?
    The property is located at 486 Amherst St Nashua, NH.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: Strategic Location: Just 1.8 miles from Everett Turnpike (Exit 8) and near the Massachusetts border.; Substantial Space Available: **16,708± - 66,830± sf of flexible space for lease.**; Ample Power Supply: 1600 amps, 480/277v 3‑phase 4‑wire power.
    (603) 540-8315 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Mike Tamposi
    Mike Tamposi
    Real Estate License ID: NH 061111
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    486 Amherst St, Nashua, NH 03063
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!