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Property profile & analytics
FOR LEASE
Retail properties & Spaces
175 Amherst St Nashua, NH 03060
Entity Owned
2-yr Hold
Free & Clear
Property ID
US58-0658349
For Lease
1 / 20
$2,500/Mo
175 Amherst St, Nashua, NH 03060
View Listing →
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
1977
Construction
CONCRETE
Total area
11,187 SF
Lot
1.04 ac (45,520 SF)
Zoning code
HB
APN
NASH M:58 L:00012
UPID
US58-0658349
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
-
Social Security Administration Social Security Office
-
Verani School of Real Estate Vocational School Training Center
-
Imtek Printing Equipment Supplier Office Equipment Supplier
-
Mari Keegan & Company - Berkshire Hathaway HomeServices | Verani Realty Real Estate Agency
-
Betsy Levesque, NH MA Realtor Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.40M
CAP Approach
CAP
$2.41M
Comparable Approach
Comparable
$2.04M
Blend (final)
Blend
$2.28M
Owner & transaction history
2c Partners LLC · 2 yrs held
2c Partners LLC
since 2023
Last sale
$3.1M
2 recorded transactions
Zoning & alternative use
HB · Nashua, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.3M
+12.9%
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
$2,260,000
ML approach
$2,395,000
CAP Approach
CAP Return
Estimation
6%
$2,610,000
6.5%
$2,405,000
7%
$2,235,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,045,000
Current use
RESTAURANT
$2,310,000
Change: +13% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,980,000
Change: -3% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,875,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$2.28M
Range $2.05M – $2.50M · ±10% · vs last sale $3.10M (Sep 6 2023)
Last sale anchor
$3.10M
Sep 6 2023
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
$203 / 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
$29,698
Tax year 2023
Assessed value
$1,629,100
Assessed 2023
Previous assessed
$1,629,100
+0.0% YoY
Effective rate
1.82%
On assessed value
Assessed land
$536,600
Assessed improvement
$1,092,500
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
Retail properties & Spaces
Use group
DEPARTMENT STORE
Status
For Lease
Year built
1977
Construction
CONCRETE
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
4
Total area
11,187 SF
Lot
1.04 ac (45,520 SF)
Zoning code
HB
APN
NASH M:58 L:00012
UPID
US58-0658349
Jurisdiction
NASHUA CITY
Zoning & alternative use
HB · Nashua, NH
Zoning HB · permitted uses
HB · 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
RETAIL STORES Current
Est. value
$2.0M
RESTAURANT
Est. value
$2.3M
AUTO REPAIR, GARAGE
Est. value
$2.0M
COMMERCIAL (GENERAL)
Est. value
$1.9M
RETAIL STORES Current
RESTAURANT
AUTO REPAIR, GARAGE
COMMERCIAL (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
1977
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
4
Lot
1.04 ac
Current owner
From public records · entity-resolved
2c Partners LLC
Entity
Free & Clear · 2 yrs held
Mailing address
175 AMHERST ST, NASHUA, NH 03064-1368
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 6, 2023
$3,100,000
2c Partners LLC
175 Amherst Street LLC
Warranty Deed
—
Apr 16, 2008
$1,700,000
175 Amherst Street LLC
Hammar Corp
Warranty Deed
$1,420,000 · Nashua Trust Bank Nh
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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