Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    278 State Rte 101 Amherst, NH 03031-1731

    • Turn key restaurants
    • 1,859 SF
    • 2.00 lot acres
    OFF-MARKET
    Value Estimation
    $315,000
    Location Intelligence
    Property ID
    US58-0007347
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Smokehaus / Barbecue Restaurant
    • Birthplace of Horace Greeley NH Historical Highway Marker / Historical Landmark
    • Phoenix Finishings / Construction Company

    Property Details for 278 State Rte 101

    Year built
    1880
    Construction
    FRAME
    Lot size
    2.00 lot acres
    Property size
    1,859 SF
    Zone code
    C
    Property type
    Turn key restaurants
    APN
    AMHS M:008 B:013 L:000
    APU
    AMHSM008B013L000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $310,000

    • CAP approach

      CAP return
      Estimation
      6%
      $335,000
      6.5%
      $385,000
      7%
      $385,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $285,000
      Geo Method
      $320,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $380,000
      Retail
      $320,000
      Mixed-Use
      $325,000
      Hospitality
      $340,000
      Educational
      $300,000
      Residential Income
      $365,000
      Energy
      $300,000
      Income-Based Land
      $360,000
      Food Service
      $325,000

    Location Insight

    • Map
    • Local Demand
    City
    Amherst
    County
    Hillsborough
    State
    New Hampshire
    Longitude
    -71.6039
    Latitude
    42.8978
    CBSA code
    31700
    CBSA name
    MANCHESTER-NASHUA, NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $9,457
    $249,500
    $182,700
    $432,200
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      5,701 SF

      126 State Rte 101a

      RESTAURANT • 5,701 SF
      126 State Rte 101a, Amherst, NH 03031
      View Details
    • Value Estimation
      $260,000
      2,183 SF

      103 State Rte 101a

      RESTAURANT • 2,183 SF
      103 State Rte 101a, Amherst, NH 03031-2216
      View Details
    • Value Estimation
      $345,000
      578 SF

      84 State Rte 101a

      RESTAURANT • 578 SF
      84 State Rte 101a, Amherst, NH 03031-2212
      View Details
    • Value Estimation
      $410,000
      3,452 SF

      63 State Rte 101a

      RESTAURANT • 3,452 SF
      63 State Rte 101a, Amherst, NH 03031-2217
      View Details
    • Value Estimation
      $1,000,000
      8,653 SF

      212 State Rte 101

      RESTAURANT • 8,653 SF
      212 State Rte 101, Amherst, NH 03031-1732
      View Details
    • Value Estimation
      $1,215,000
      5,235 SF

      1 Craftsman Ln

      RESTAURANT • 5,235 SF
      1 Craftsman Ln, Amherst, NH 03031-2231
      View Details

    Similar Nearby for Sale

    • $1,650,000
      0.34 Acres

      Historic Amherst Village Commercial Opportunity

      Iconic property in Amherst's Historic District with untapped potential.
      107 Boston Post Rd, Amherst, NH 03031
      View Details
    • $99,900

      Two-Story Office Condo in Amherst

      Two-story office condo with open-concept space in Amherst, NH.
      10 Northern Blvd, Amherst, NH 03031
      View Details
    • $2,250,000

      Wooded Lot in Desirable Amherst

      Beautiful wooded lot with brook in Amherst, New Hampshire.
      24 Brook Rd, Amherst, NH 03031
      View Details
    • $199,900

      Spacious Office Condo in Amherst

      3,800 SF office condo ideal for investors or businesses.
      5 Northern Blvd, Amherst, NH 03031
      View Details
    • $315,000

      Land For Sale

      Land available for sale.
      22 Ponemah Rd, Amherst, NH 03031
      View Details
    • $769,000

      Land For Sale

      Land available for sale.
      007-056 Mack Hill Rd, Amherst, NH 03031
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Amherst Retail/Office Space For Lease

      5000 sq ft space with excellent Route 101A exposure.
      71 Nh-Route 101A, Amherst, NH 03031
      View Details
    • Contact for pricing

      Retail Space in Amherst, NH

      Retail spaces available in a shopping center with ample parking.
      123 State Route 101, Amherst, NH 03031
      View Details
    • Contact for pricing

      Amherst Commercial Condo For Lease

      Renovated stand-alone condo with flexible use and high visibility.
      1 Rte, Amherst, NH 03031
      View Details
    • $5,800 /Mo

      Retail Space with Shed

      Retail space for rent including a shed.
      1 Includes Shed, Amherst, NH 03031
      View Details
    • Contact for pricing
      208,520 SF

      Industrial-Office Space in Amherst, NH

      208,520 square feet of industrial-office space for sublease.
      1 Bon Terrain Dr, Amherst, NH 03031
      View Details
    • $7 SF/Yr
      25,400 SF

      Industrial Building Near Route 101

      Industrial building with easy access to major routes.
      7 Northern Blvd, Amherst, NH 03031
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    278 State Rte 101
    Amherst, NH 03031-1731
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.