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Property profile & analytics
OFF-MARKET
Estimated value
$2,220,000
Office Spaces
20 Merrit Pkwy Nashua, NH 03062-3029
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US58-0216179
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
2000
Construction
FRAME
Total area
9,634 SF
Zoning code
R30
APN
NASH M:C L:02544 U:20
UPID
US58-0216179
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
-
Irrigation Consulting Inc. Environmental Consultant Agricultural Engineer
-
Merrimack Counseling. Dr Sherie Friedrich Physician
-
Room By Room Cleaning, LLC Hardware & Home Improvement
-
Karen Meteyer Physician Medical Clinic
-
William Flynn Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.59M
CAP Approach
CAP
$2.78M
Comparable Approach
Comparable
$1.60M
Blend (final)
Blend
$2.22M
Owner & transaction history
Greenview Properties LLC · 5 yrs held
Greenview Properties LLC
since 2020
Last sale
$1.9M
2 recorded transactions
Zoning & alternative use
R30 · Nashua, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.0M
+58.1%
Retail stores
$1.8M
+40.0%
Auto repair, garage
$1.7M
+35.5%
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
$2,620,000
ML approach
$2,590,000
CAP Approach
CAP Return
Estimation
6%
$3,005,000
6.5%
$2,775,000
7%
$2,575,000
Alternative Use
Use
Estimation
RESTAURANT
$1,990,000
Change: +58% · Conversion: Moderate
RETAIL STORES
$1,760,000
Change: +40% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,705,000
Change: +35% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,615,000
Change: +28% · Conversion: Easy
Blend value · Realmo final
$2.22M
Range $2.00M – $2.44M · ±10% · vs last sale $1.91M (Aug 17 2020)
Last sale anchor
$1.91M
Aug 17 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
$230 / 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
$32,012
Tax year 2023
Assessed value
$1,756,000
Assessed 2023
Previous assessed
$1,756,000
+0.0% YoY
Effective rate
1.82%
On assessed value
Assessed improvement
$1,756,000
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 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
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
2000
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
1
Total area
9,634 SF
Zoning code
R30
APN
NASH M:C L:02544 U:20
UPID
US58-0216179
Jurisdiction
NASHUA CITY
Zoning & alternative use
R30 · Nashua, NH
Zoning R30 · permitted uses
R30 · 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
RESTAURANT
Est. value
$2.0M
RETAIL STORES
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$1.7M
COMMERCIAL (GENERAL)
Est. value
$1.6M
RESTAURANT
RETAIL STORES
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
2000
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
1
Current owner
From public records · entity-resolved
Greenview Properties LLC
Entity
Mailing address
20 MERRIT PKWY, NASHUA, NH 03062-3029
Mailing matches property
Yes
Owner-occupied
Yes
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 17, 2020
$1,910,000
Greenview Properties LLC
20 Merrit Parkway LLC
Warranty Deed
$910,000 · Avidia Bk
Mar 8, 2007
$1,325,000
20 Merrit Parkway LLC
Commerce Ctr Of Maplewood
Warranty Deed
$1,650,000 · Hampshire First Bank
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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