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Property profile & analytics
OFF-MARKET
Estimated value
$2,870,000
Investment properties
116 Pearl St, Nashua, NH 03060-3300
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US58-0172509
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1890
Construction
CONCRETE
Total area
20,153 SF
Lot
0.44 ac (19,166 SF)
Zoning code
D1MU
APN
NASH M:79 L:00064
UPID
US58-0172509
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Riviera Nayarit Mexican Style Seafood & Grill Restaurant
-
Made Men Barbershop Lounge Barber Shop
-
Flanders Cityside Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.33M
CAP Approach
CAP
$3.81M
Comparable Approach
Comparable
$2.87M
Blend (final)
Blend
$2.87M
Owner & transaction history
Aas LLC · 5 yrs held
Aas LLC
since 2020
Last sale
$2.4M
3 recorded transactions
Zoning & alternative use
D1MU · Nashua, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.2M
+28.7%
Retail stores
$3.7M
+14.0%
Auto repair, garage
$3.6M
+10.3%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Nashua submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Nashua submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$3,255,000
ML approach
$3,325,000
CAP Approach
CAP Return
Estimation
6%
$4,125,000
6.5%
$3,810,000
7%
$3,535,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$3,230,000
Current use
RESTAURANT
$4,160,000
Change: +29% · Conversion: Difficult
RETAIL STORES
$3,685,000
Change: +14% · Conversion: Easy
AUTO REPAIR, GARAGE
$3,565,000
Change: +10% · Conversion: Difficult
OFFICE BUILDING
$2,630,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$2.87M
Range $2.58M – $3.16M · ±10% · vs last sale $2.38M (Dec 4 2020)
Last sale anchor
$2.38M
Dec 4 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$142 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$42,348
Tax year 2023
Assessed value
$2,323,000
Assessed 2023
Previous assessed
$2,323,000
+0.0% YoY
Effective rate
1.82%
On assessed value
Assessed land
$311,400
Assessed improvement
$2,011,600
Applied tax rate
50,260.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1890
Construction
CONCRETE
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
3
Units
13
Rooms
50
Total area
20,153 SF
Lot
0.44 ac (19,166 SF)
Zoning code
D1MU
APN
NASH M:79 L:00064
UPID
US58-0172509
Jurisdiction
NASHUA CITY
Zoning & alternative use
D1MU · Nashua, NH
Zoning D1MU · permitted uses
D1MU · Nashua, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Nashua. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$3.2M
RESTAURANT
Est. value
$4.2M
RETAIL STORES
Est. value
$3.7M
AUTO REPAIR, GARAGE
Est. value
$3.6M
OFFICE BUILDING
Est. value
$2.6M
COMMERCIAL (GENERAL) Current
RESTAURANT
RETAIL STORES
AUTO REPAIR, GARAGE
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1890
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
1
Units
13
Rooms
50
Lot
0.44 ac
Current owner
From public records · entity-resolved
Aas LLC
Entity
Mailing address
PO BOX 1148, NORTON, MA 02766-0900
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 15, 2026
—
Aas LLC
—
Deed
related
$2,400,000 · Main Street Bank
Dec 4, 2020
$2,375,000
Aas LLC
Flanders LLC
Warranty Deed
$1,900,000 · Avidia Bk
Sep 30, 2004
—
Riverhurst RT
—
Deed Of Trust
related
$250,000 · Community Bank & Trust Co
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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