Technical
Financial
Distress signals
Property profile

230 Amherst St Nashua, NH 03063

FOR LEASE
Office buildings
Property ID
US58-0091048
8,501 SF 0.88 ac lot Built 1954
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property at 230 Amherst Street in Nashua is a commercial office building constructed in 1990 and zoned Commercial. Office space is configured as individual suites or connected multi-room arrangements, including example units on the first and second floors with windowed office layouts; select second-floor spaces include multiple windows and vaulted ceilings, and carpeted interiors throughout. The building offers shared amenities including conference rooms, a waiting and reception area, a kitchenette, multiple restrooms, and WiFi, along with central heating and air conditioning. Tenant services include locked mailbox access with a commercial address, and the building provides accessible first-floor entry via the front door or a short ramp. Building access is supported by coded entry available 24 hours, and the property includes tenant signage and ample parking; the building is located near Route 3.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1954
Construction FRAME
Total area 8,501 SF
Lot 0.88 ac (38,420 SF)
Zoning code HB
APN NASH M:E L:00093
UPID US58-0091048

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Home Health Care Service
  • Training Center
  • Accounting Firm
  • Car Dealership
  • Employment Agency

Location

230 Amherst St Nashua, NH 03063
Nashua metro Census 10202 MANCHESTER-NASHUA, NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.08M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.08M
Blend (final) Blend
$1.12M

Owner & transaction history

since 2021
Last sale
$840,000
7 recorded transactions
2021
$840,000
2020
Price N/A
2011
Price N/A
2011
$1.1M
2008
Price N/A
2007
Price N/A
2007
Price N/A

Zoning & alternative use

HB · Nashua, NH
Zoning description

Highway Business (HB) Districts are commercial areas located primarily adjacent to heavily traveled arterial roads, such as Amherst Street and the Daniel Webster Highway. General Business (GB) General Business (GB) Distr…

General category COMMERCIAL
Top alternative use upside
Retail stores $1.6M +40.0%
Auto repair, garage $1.5M +35.5%
Commercial (general) $1.2M +8.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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