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Property profile & analytics
OFF-MARKET
Estimated value
$890,000
Industrial properties
3 Northern Blvd Amherst, NH 03031-2329
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US58-0200061
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1980
Construction
FRAME
Total area
5,577 SF
Lot
1.92 ac (83,635 SF)
Zoning code
C
APN
AMHS M:002 B:066 L:004
UPID
US58-0200061
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
-
Marci Martel PHD LCMHC Counselor
-
Kathy Blake Dance Studios Training Center
-
Northeast Counseling & Coaching, Inc Crisis Center Medical Clinic
-
I R Sources Medical Supply Store
-
Tree of Life Chiropractic Wellness Center Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$735k
Comparable Approach
Comparable
$1.15M
Blend (final)
Blend
$890k
Owner & transaction history
Northwood Business Center LLC · 6 yrs held
Northwood Business Center LLC
since 2019
2 recorded transactions
Zoning & alternative use
C · Amherst, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.2M
+72.6%
Auto repair, garage
$985,000
+47.9%
Retail stores
$910,000
+36.7%
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 Amherst submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Amherst 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$795,000
6.5%
$735,000
7%
$685,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$665,000
Current use
RESTAURANT
$1,150,000
Change: +73% · Conversion: Difficult
AUTO REPAIR, GARAGE
$985,000
Change: +48% · Conversion: Easy
RETAIL STORES
$910,000
Change: +37% · Conversion: Moderate
OFFICE BUILDING
$830,000
Change: +24% · Conversion: Difficult
COMMERCIAL (GENERAL)
$785,000
Change: +18% · Conversion: Difficult
Blend value · Realmo final
$890k
Range $801k – $979k · ±10%
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
$160 / 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
$22,834
Tax year 2023
Assessed value
$1,043,600
Assessed 2023
Previous assessed
$1,043,500
+0.0% YoY
Effective rate
2.19%
On assessed value
Assessed land
$232,800
Assessed improvement
$810,800
Applied tax rate
1,300.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1980
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
3
Stories
1
Units
4
Rooms
17
Total area
5,577 SF
Lot
1.92 ac (83,635 SF)
Zoning code
C
APN
AMHS M:002 B:066 L:004
UPID
US58-0200061
Jurisdiction
AMHERST TOWN
Zoning & alternative use
C · Amherst, NH
Zoning C · permitted uses
C · Amherst, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Amherst. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$665,000
RESTAURANT
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$985,000
RETAIL STORES
Est. value
$910,000
OFFICE BUILDING
Est. value
$830,000
COMMERCIAL (GENERAL)
Est. value
$785,000
INDUSTRIAL (GENERAL) Current
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
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
1980
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
3
Units
4
Rooms
17
Lot
1.92 ac
Current owner
From public records · entity-resolved
Northwood Business Center LLC
Entity
Mailing address
12 SALMON BRK DR, NASHUA, NH 03062-2367
Ownership since
2019
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 19, 2019
—
Northwood Business Center LLC
Hirsch,lawrence
Quit Claim Deed
related
$750,000 · Camden Nat'l Bk
Apr 14, 2008
—
Lawrence E Hirsch
—
Deed Of Trust
related
$500,000 · 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.
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