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    Property profile & analytics

    4 Trafalgar Sq Nashua, NH 03063

    • Office buildings
    • 26,824 SF
    • 2.59 lot acres
    For Lease
    View listing
    $17 SF/Yr
    Last Sale
    Dec 01, 2021
    $3,000,000
    Value Estimations
    $3,885,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US58-0323657
    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

    • Office buildings

    Property Details for 4 Trafalgar Sq

    Year built
    1984
    Construction
    CONCRETE
    Lot size
    2.59 lot acres
    Property size
    26,824 SF
    Zone code
    PI
    Property type
    Office buildings
    APN
    NASH M:G L:00477
    APU
    NASHMGL00477

    Description

    This exceptional two-story office building, situated at 4 Trafalgar Square in Nashua, NH, offers a 1,851 square foot space immediately available for lease. Located on the second floor, Suite 205 boasts a flexible layout encompassing nine private offices, a reception area, and an open workspace, ideal for a variety of business needs. The building's prominent corner location at Trafalgar Square and Somerset Parkway provides excellent visibility thanks to monument signage visible from both roads. Ample on-site parking is available for tenants and their clients. The property benefits from a highly convenient location, directly off Exit 8 of the F.E. Everett Turnpike, providing easy access to major highways and placing it within minutes of the Massachusetts border. The nearby Boston Express bus terminal ensures convenient commuting options. A wealth of amenities are within easy reach, including hotels, retail shops, restaurants, fitness centers, daycare facilities, financial services, and urgent care, with some conveniently located within walking distance. The area also features numerous residential condominiums and apartments, offering employees convenient housing options. The building itself totals 26,824 square feet and was constructed in 1984, situated on a 2.59-acre lot in Hillsborough County. The lease rate is $17.00-$20.00 per square foot, modified gross. This property is perfect for businesses seeking a well-located, amenity-rich office space in a thriving area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $3,975,000
      ML approach
      $3,920,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,612,000
      Market price range: $2.49M - $4.44M
      AI Estimate
      $3,157,000
      Market price range: $651k - $3.98M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $3,505,000
      Current use
      RESTAURANT
      $5,535,000
      Change: +58% Conversion: Moderate
      RETAIL STORES
      $4,905,000
      Change: +40% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $4,745,000
      Change: +35% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $3,795,000
      Change: +8% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Nashua
    County
    Hillsborough
    State
    New Hampshire
    Longitude
    -71.507
    Latitude
    42.7872
    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
    $51,881
    $1,661,800
    $1,184,100
    $2,845,900
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,105,000
      8,501 SF

      230 Amherst St

      OFFICE BUILDING • 8,501 SF
      230 Amherst St, Nashua, NH 03063-1702
      View Details
    • Value Estimation
      $630,000
      19,794 SF

      1900 Southwood Dr

      OFFICE BUILDING • 19,794 SF
      1900 Southwood Dr, Nashua, NH 03063-1815
      View Details
    • Value Estimation
      $515,000
      1,266 SF

      333 Amherst St

      OFFICE BUILDING • 1,266 SF
      333 Amherst St, Nashua, NH 03063-1719
      View Details
    • Value Estimation
      $415,000
      17,064 SF

      154 Broad St

      OFFICE BUILDING • 17,064 SF
      154 Broad St, Nashua, NH 03063-3239
      View Details
    • Value Estimation
      $695,000
      32,262 SF

      20 Cotton Rd

      OFFICE BUILDING • 32,262 SF
      20 Cotton Rd, Nashua, NH 03063-1262
      View Details
    • Value Estimation
      $780,000
      31,716 SF

      15 Southwood Dr

      OFFICE BUILDING • 31,716 SF
      15 Southwood Dr, Nashua, NH 03063-1817
      View Details

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    Similar Nearby for Lease

    • $19 SF/Yr
      14,034 SF

      Furnished Office Building For Lease

      Three-story office building with recent upgrades and covered parking.
      20 Trafalgar Sq, Nashua, NH 03063
      View Details
    • Contact for pricing
      35,684 SF

      Office Building For Lease

      35,684 SF office building available for lease in Nashua.
      Nashua, NH 03063
      View Details
    • $18 SF/Yr
      6,515 SF

      Class A Office Space Available

      Class A office building in Trafalgar Square Office Park.
      9 Trafalgar Sq, Nashua, NH 03063
      View Details
    • $10 SF/Yr
      31,716 SF

      Nashua Office Space Available

      Class A Office, 15,674 SF Available
      12 Southwood Dr, Nashua, NH 03063
      View Details
    • $16 SF/Yr
      2,192 SF

      First Class Office Space Available

      Attractive office complex with ample parking in a visible location.
      400 Amherst St, Nashua, NH 03063
      View Details
    • $16 SF/Yr
      32,458 SF

      Nashua Executive Office Suites

      Class A office space, prime location.
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      View Details
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    Nashua, NH 03063
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    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
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