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
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    39 Simon St Ste 2a Nashua, NH 03060-3046

    • Office Properties & Spaces
    • 1,200 SF
    OFF-MARKET
    Value Estimations
    $310,000
    Show details
    Cap Rate Potential
    8.3%
    Office Properties & Spaces
    Location Intelligence
    Property ID
    US58-0210780
    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

    • William B. Flynn Jr, PHD / Psychologist
    • Lamora Psychological Associates / Psychologist / Mental Health Clinic
    • Karen B. Meteyer, PHD / Psychologist
    • David Ledner, M.D. / Psychiatrist
    • Laura M. Landerman, PHD / Psychologist / Doctor

    Property Details for 39 Simon St Ste 2a

    Year built
    1991
    Construction
    FRAME
    Property size
    1,200 SF
    Zone code
    PI
    Property type
    Office Properties & Spaces
    APN
    NASH M:E L:00824 U:2A
    APU
    NASHMEL00824U2A

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $270,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $375,000
      6.5%
      $345,000
      7%
      $320,000

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $220,000
      AUTO REPAIR, GARAGE
      $210,000
      COMMERCIAL (GENERAL)
      $190,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Nashua
    County
    Hillsborough
    State
    New Hampshire
    Longitude
    -71.4905
    Latitude
    42.7561
    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
    $1,931
    $0.00
    $105,900
    $105,900
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $280,000
      2,700 SF

      228 Daniel Webster Hwy Ste, Unit 7

      CONDOMINIUM OFFICES • 2,700 SF
      228 Daniel Webster Hwy Ste, Nashua, NH 03060-5537
      View Details
    • Value Estimation
      $290,000
      1,074 SF

      3 Taggart Dr, Unit G

      CONDOMINIUM OFFICES • 1,074 SF
      3 Taggart Dr, Nashua, NH 03060
      View Details
    • Value Estimation
      $275,000
      1,064 SF

      7 Taggart Dr, Unit G

      CONDOMINIUM OFFICES • 1,064 SF
      7 Taggart Dr, Nashua, NH 03060
      View Details
    • Value Estimation
      $290,000
      1,155 SF

      3 Taggart Dr, Unit H

      CONDOMINIUM OFFICES • 1,155 SF
      3 Taggart Dr, Nashua, NH 03060
      View Details
    • Value Estimation
      $325,000
      1,394 SF

      23 Factory St Ste, Unit 1

      CONDOMINIUM OFFICES • 1,394 SF
      23 Factory St Ste, Nashua, NH 03060-3479
      View Details
    • Value Estimation
      $245,000
      2,400 SF

      39 Simon St Ste, Unit 10

      CONDOMINIUM OFFICES • 2,400 SF
      39 Simon St Ste, Nashua, NH 03060-3046
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,064 SF

      Dental Business Opportunity

      Established dental business with real estate for sale.
      7 Taggart Dr, Nashua, NH 03060
      View Details
    • $1,500,000
      8,630 SF

      Downtown Nashua Multi-Tenant Building

      8,630 SF multi-tenant building in Downtown Nashua for sale.
      222 Main St, Nashua, NH 03060
      View Details
    • $4,500,000
      1,000 SF

      Nashua Office Building For Sale

      38,666 SF office building 95% leased, great investment opportunity.
      71 Spit Brook Rd, Nashua, NH 03060
      View Details
    • $299,000
      2,610 SF

      Downtown Nashua Retail/Office Building

      High-traffic location, versatile space, great potential.
      106 Hollis St, Nashua, NH 03060
      View Details
    • $199,999
      6,000 SF

      Nashua Restaurant & C-Store

      Turnkey Restaurant & Convenience Store
      112 Daniel Webster Hwy, Nashua, NH 03060
      View Details
    • $1,550,000

      Approved Condo Development Opportunity

      Approved 40-unit condo development opportunity in downtown Nashua.
      24 East Otterson St, Nashua, NH 03060
      View Details

    Similar Nearby for Lease

    • $16 SF/Yr
      26,374 SF

      Nashua Executive Office Space

      Historic Downtown Nashua Office Suites
      60 Main St, Nashua, NH 03060
      View Details
    • $16 SF/Yr
      12,525 SF

      Nashua Executive Office Space

      Prime Downtown Nashua Office, 2,000 SF Available
      4 Water St, Nashua, NH 03060
      View Details
    • Contact for pricing
      58,719 SF

      Executive Tower Office Space for Lease

      Class A Office, Nashua, NH - Multiple Suites Available
      61 Spit Brook Rd, Nashua, NH 03060
      View Details
    • $550 /Mo
      900 SF

      Bright Corner Office Suite

      Corner office suite with bright windows available for rent.
      48 Bridge St, Nashua, NH 03060
      View Details
    • $13 SF/Yr
      4,705 SF

      Downtown Nashua Office Sublease Opportunity

      Well-maintained office space available in downtown Nashua.
      211 Main St, Nashua, NH 03060
      View Details
    • $12 SF/Yr
      1,300 SF

      Downtown Nashua Mill Style Office

      Mill style office space for rent in Downtown Nashua.
      5 Pine St, Nashua, NH 03060
      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.
    39 Simon St Ste 2a
    Nashua, NH 03060-3046
    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

    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.