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    7 Nh-101A Amherst, NH 03031
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    7 Nh-101A, Amherst, NH 03031

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    • Office Spaces
    • 2,638 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office Spaces

    Property Details for 7 Nh-101A

    Year built
    1986
    Property type
    Office Spaces
    Property subtype
    Medical Office Space

    Description

    This exceptional 2,638 square foot medical/office condo in Amherst, NH, is situated in a well-maintained two-story brick building on NH-101A. Boasting high visibility and convenient elevator access, the property offers ample parking. The versatile floor plan is suitable for various uses, complemented by neighboring businesses including a pediatric dental practice, law office, and physical therapy clinic. Built in 1986, this Class B building features only four units, providing a private and accessible environment. The unit's location at the corner of NH 101 and 101A benefits from high traffic volume, averaging 23,426 vehicles daily. The property is zoned for commercial use and presents an owner-user opportunity with potential for subdivision and rental income generation. This is a rare opportunity to acquire a well-located, high-traffic commercial property in a desirable New Hampshire market. The asking price is $240,000. The property consists of one unit within a single building.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Amherst
    County
    Hillsborough
    State
    New Hampshire
    Longitude
    -71.6116
    Latitude
    42.8232

    Comparable in this City

    • Value Estimation by Request
      6,250 SF

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      800 SF

      282 State Rte 101st, Unit 13

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      282 State Rte 101st, Amherst, NH 03031-1706
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    • Value Estimation by Request
      1,764 SF

      31 Old Nashua Rd Ste, Unit 2

      CONDOMINIUM OFFICES
      31 Old Nashua Rd Ste, Amherst, NH 03031-2829
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    • Value Estimation
      $950,000
      5,974 SF

      1 State Rte 101st, Unit 4

      CONDOMINIUM OFFICES
      1 State Rte 101st, Amherst, NH 03031-3103
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    • Value Estimation by Request
      1,701 SF

      109 Ponemah Rd Ste, Unit 7

      CONDOMINIUM OFFICES
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    • Value Estimation by Request
      1,191 SF

      71 State Rte 101st, Unit 12

      CONDOMINIUM OFFICES
      71 State Rte 101st, Amherst, NH 03031-2775
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    Similar Nearby for Sale

    • $625,000

      7 NH Route 101A Unit C&D, Amherst, NH 03031

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      7 Unit C&D, Amherst, NH 03031
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      5,588 SF

      Medical/Office Condominiums on Route 101A

      Medical/office condominiums available for owner-user or investment.
      7 Nh-101A, Amherst, NH 03031
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      5,588 SF

      Medical/Office Condo on NH 101A

      Well-appointed condo with high visibility and versatile floor plan.
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      4,875 SF

      Salon and Spa Business Opportunity

      Turnkey salon and spa with established clientele and high-end services.
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    • $164,000

      Versatile Office/Flex Condo For Sale

      Two-level office/flex condo in professionally managed park near major routes.
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    Similar Nearby for Lease

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      Front-Facing Retail/Office Suite

      Front-facing suite with vinyl plank floors, multiple entrances, and ample paved parking at Windmere Plaza.
      71 Nh-Route 101A, Amherst, NH 03031
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      5,000 SF

      Amherst Office Space For Rent

      5000 sq ft office space with Route 101A exposure.
      71 Nh-101A, Amherst, NH 03031
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      4,065 SF

      Amherst Office/Retail Space Available

      High-traffic location with potential for office or retail use.
      199 Rte 101, Amherst, NH 03031
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      5,600 SF

      Amherst Office Space Available

      Well-landscaped office space in a prime location on Route 101A.
      105 Nh-101A, Amherst, NH 03031
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    • Contact for pricing
      208,520 SF

      Industrial-Office Space in Amherst, NH

      208,520 square feet of industrial-office space for sublease.
      1 Bon Terrain Dr, Amherst, NH 03031
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    • Contact for pricing

      Permitted Pad Site on 101A

      Permitted pad site available for ground lease or build-to-suit.
      125 Nh-101A, Amherst, NH 03031
      View Details
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    Amherst, NH 03031
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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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