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Property profile & analytics
OFF-MARKET
Estimated value
$4,765,000
Warehouses
120 Hollis St Nashua, NH 03060-6399
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US58-0168886
Property summary
AI-generated overview
This exceptional 96,700-square-foot industrial warehouse in Nashua, New Hampshire, offers a unique opportunity for businesses seeking flexible space. Located at 120 East Hollis Street, this single-story building boasts 20-28 foot clear ceiling heights, providing ample room for various operations. The property features 13 loading docks and 8 drive-in doors, ensuring efficient loading and unloading. A significant 21,746 square feet of contiguous space is currently vacant, divisible into units as small as 9,945 square feet, catering to a range of tenant needs. Conveniently situated near downtown Main Street and the Everett Turnpike, this prime location offers excellent accessibility. The property is zoned commercial and sits within Hillsborough County, offering ample parking adjacent to each unit. This building presents a rare opportunity to secure industrial space at below-market rates in a highly desirable location. The property's size and features make it ideal for distribution, warehousing, or storage operations. Don't miss this chance to secure your business's future in this exceptional Nashua property.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1900
Construction
STEEL FRAME
Total area
74,500 SF
Lot
3.32 ac (144,619 SF)
Zoning code
GI
APN
NASH M:39 L:00033
UPID
US58-0168886
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
-
Drumhill Cycle Motorcycle Shop
-
Workplace Warehouse & Storage
-
Toland Affordable Auto Car Dealership
-
DigiTire (Bike/Boat/Book/etc) Store Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.84M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.48M
Blend (final)
Blend
$4.77M
Owner & transaction history
120 East Hollis LLC · 4 yrs held
120 East Hollis LLC
since 2022
Last sale
$4.7M
4 recorded transactions
Zoning & alternative use
GI · Nashua, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$7.2M
+1.8%
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
$4,930,000
ML approach
$4,840,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$7,095,000
Current use
INDUSTRIAL (GENERAL)
$7,225,000
Change: +2% · Conversion: Easy
Blend value · Realmo final
$4.77M
Range $4.29M – $5.24M · ±10% · vs last sale $4.65M (May 17 2022)
Last sale anchor
$4.65M
May 17 2022
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
$64 / 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
$39,229
Tax year 2023
Assessed value
$2,151,900
Assessed 2023
Previous assessed
$2,151,900
+0.0% YoY
Effective rate
1.82%
On assessed value
Assessed land
$359,700
Assessed improvement
$1,792,200
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1900
Construction
STEEL FRAME
Heating
RADIANT
Buildings
1
Stories
1
Units
1
Total area
74,500 SF
Lot
3.32 ac (144,619 SF)
Zoning code
GI
APN
NASH M:39 L:00033
UPID
US58-0168886
Jurisdiction
NASHUA CITY
Zoning & alternative use
GI · Nashua, NH
Zoning GI · permitted uses
GI · 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
WAREHOUSE, STORAGE Current
Est. value
$7.1M
INDUSTRIAL (GENERAL)
Est. value
$7.2M
WAREHOUSE, STORAGE Current
INDUSTRIAL (GENERAL)
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
1900
Construction
STEEL FRAME
Heating
RADIANT
Stories
1
Buildings
1
Units
1
Lot
3.32 ac
Current owner
From public records · entity-resolved
120 East Hollis LLC
Entity
Mailing address
120 E HOLLIS ST, NASHUA, NH 03060-6399
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 10, 2025
—
120 East Hollis LLC
—
Deed
related
$1,396,600 · Enterprise Bank & Trust Co
Jan 11, 2023
—
120 East Hollis LLC
—
Deed
related
$2,181,000 · Enterprise Bank & Trust Co
May 17, 2022
$4,650,000
120 East Hollis LLC
39 Bridge Street Corp
Warranty Deed
$3,487,500 · Enterprise Bank & Trust Co
Feb 8, 2002
$60,000
39 Bridge Street Corp
Boston & Maine Corp
Grant Deed
—
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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