Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    31 Old Nashua Rd Ste, Unit 12 Amherst, NH 03031-2829
    Back to Search
    Property profile & analytics

    31 Old Nashua Rd Ste, Unit 12, Amherst, NH 03031-2829

    View on Map
    • Industrial properties
    • 1,790 SF
    Off-Market
    Last Sale Jun 30, 2021
    $575,066
    Property ID
    US58-0312145
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Industrial properties

    Property Details for 31 Old Nashua Rd Ste

    Year built
    1988
    Property type
    Industrial properties
    APN
    AMHS M:002 B:024 L:000-12
    APU
    AMHSM002B024L00012

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jun 30, 2021 $575,066 Sky Beacon Properties LLC Kenneth J Brumleve Warranty Deed $444k · Bank Of America NA

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Amherst
    County
    Hillsborough
    State
    New Hampshire
    Longitude
    -71.5928
    Latitude
    42.8111
    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
    $3,162
    $0.00
    $144,500
    $144,500
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      450 SF

      23 Old Nashua Rd, Unit 10

      CONDOMINIUMS (INDUSTRIAL)
      23 Old Nashua Rd, Amherst, NH 03031-2861
      View Details
    • Value Estimation by Request
      450 SF

      23 Old Nashua Rd, Unit 3

      CONDOMINIUMS (INDUSTRIAL)
      23 Old Nashua Rd, Amherst, NH 03031-2861
      View Details
    • Value Estimation by Request
      450 SF

      23 Old Nashua Rd, Unit 8

      CONDOMINIUMS (INDUSTRIAL)
      23 Old Nashua Rd, Amherst, NH 03031-2861
      View Details
    • Value Estimation by Request
      450 SF

      23 Old Nashua Rd, Unit 28

      CONDOMINIUMS (INDUSTRIAL)
      23 Old Nashua Rd, Amherst, NH 03031-2861
      View Details
    • Value Estimation by Request
      2,220 SF

      10 Northern Blvd, Unit A18

      CONDOMINIUMS (INDUSTRIAL)
      10 Northern Blvd, Amherst, NH 03031-2336
      View Details
    • Value Estimation by Request
      1,200 SF

      5 Northern Blvd Ste, Unit 14

      CONDOMINIUMS (INDUSTRIAL)
      5 Northern Blvd Ste, Amherst, NH 03031-2325
      View Details

    Similar Nearby for Sale

    • $780,945

      Amherst Flex/Office Condo For Sale

      Well-situated condo for light industrial, flex, or office use.
      31 Old Nashua Rd, Amherst, NH 03031
      View Details
    • Contact for pricing
      242,000 SF

      Distribution Facility in Southern NH

      242,218 SF distribution facility with income potential.
      2 Howe Dr, Amherst, NH 03031
      View Details
    • $164,000

      Versatile Office/Flex Condo For Sale

      Two-level office/flex condo in professionally managed park near major routes.
      10 Northern Blvd, Amherst, NH 03031
      View Details
    • $650,000

      Two Building Lots Package

      Two lots totaling 9.49 acres near Route 101.
      2A Camp Rd, Amherst, NH 03031
      View Details
    • Contact for pricing
      5,588 SF

      Medical/Office Condo on NH 101A

      Well-appointed condo with high visibility and versatile floor plan.
      7 Nashua St, Amherst, NH 03031
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      5,295 SF

      Industrial Space with Cranes, Drive-ins

      5,295 SF industrial space with cranes and drive-in doors.
      14 Caldwell Dr, Amherst, NH 03031
      View Details
    • Contact for pricing
      92,600 SF

      Amherst Warehouse Space Available

      92,600 square feet of industrial warehouse space for lease.
      9 A Columbia Dr, Amherst, NH 03031
      View Details
    • Contact for pricing

      Industrial Space in Amherst, NH

      Industrial property available for rent in Amherst, New Hampshire.
      9A Columbia Dr, 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
    • Contact for pricing
      5,600 SF

      Amherst Office Space Available

      Well-landscaped office space in a prime location on Route 101A.
      105 Nh-101A, Amherst, NH 03031
      View Details
    • Contact for pricing
      8,122 SF

      Retail Space in Amherst, NH

      Retail spaces available with high traffic and ample parking.
      123 Nh-101A, 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.
    31 Old Nashua Rd Ste, Unit 12
    Amherst, NH 03031-2829
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    31 Old Nashua Rd Ste, Amherst, NH, 03031
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!