4 Townsend Nashua, NH 03063
- Showrooms
- 60,336 SF
- 5.50 lot acres
Current Use by Public Records
- Laser Advantage / Laser Equipment Supplier
- VCK Best Machining Llc / Machine Shop
- FitItIn Fitness / Gym
- Umicore / Chemical Manufacturer
- NextComputing / Computer Hardware Manufacturer / Computer Security Service
Property Details for 4 Townsend
- Year built
- 1979
- Construction
- STEEL FRAME
- Lot size
- 5.50 lot acres
- Property size
- 60,336 SF
- Zone code
- AI
- Property type
- Showrooms
- APN
- NASH M:H L:00296
- APU
- NASHMHL00296
Description
This exceptional 60,000-square-foot industrial property in Nashua, NH, offers a unique opportunity for businesses seeking flexible and strategically located space. The single-story building, constructed in 1976, sits on a 5.5-acre lot and features 16-foot ceilings, providing ample room for various operations. Currently, there are three non-contiguous units available for lease, ranging from 6,000 to 12,000 square feet, with a total of 27,000 square feet currently vacant. Each unit includes restrooms and boasts a convenient loading dock ratio of one dock per 3,000 square feet of leased space. The property benefits from 800 amps of power and ample parking (2.9 spaces per 1,000 square feet). Its prime location directly off Route 101A at a signalized intersection provides easy access to the Everett Turnpike (Exit 8 approximately 1.3 miles away) and the Massachusetts border. The surrounding area is bustling with a diverse mix of businesses, including major corporations like Fidelity, Amazon, and Teledyne FLIR, along with numerous restaurants, hotels, and residential options, ensuring a vibrant and convenient environment for employees and clients. The property is zoned Park Industrial/Mixed-Use, offering versatility for a range of industrial and commercial uses. This is a rare opportunity to secure high-quality industrial space in a thriving New Hampshire location. The minimum divisible space is 6,000 square feet, with a maximum contiguous space of 12,000 square feet.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $8,270,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $7,825,000
- 6.5%
- $7,755,000
- 7%
- $7,935,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $7,320,000
- Geo Method
- $7,735,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $9,025,000
- Retail
- $6,810,000
- Mixed-Use
- $6,645,000
- Hospitality
- $7,190,000
- Educational
- $9,165,000
- Residential Income
- $8,790,000
- Energy
- $7,460,000
- Income-Based Land
- $6,905,000
- Food Service
- $8,480,000
Location Insight
- Map
- Local Demand
- City
- Nashua
- County
- Hillsborough
- State
- New Hampshire
- Longitude
- -71.5175
- Latitude
- 42.7879
- CBSA code
- 31700
- CBSA name
- MANCHESTER-NASHUA, NH METROPOLITAN STATISTICAL AREA