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    48 Main St Nashua, NH 03064-2799
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    Property profile & analytics

    48 Main St, Nashua, NH 03064-2799

    View on Map
    • Turn key restaurants
    • 6,078 SF
    • 0.34 lot acres
    Off-Market
    Property ID
    US58-0004642
    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

    • The Peddler's Daughter / Restaurant
    • Set The Bar Low / Music Venue / Theater & Performing Art Venue

    Property Details for 48 Main St

    Year built
    1835
    Construction
    CONCRETE
    Lot size
    0.34 lot acres
    Zone code
    D1MU
    Property type
    Turn key restaurants
    APN
    NASH M:43 L:00066
    APU
    NASHM43L00066

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Feb 15, 2018 — Toureen Realty LLC — Deed · related $600k · Td Bk NA
    Apr 7, 2004 $800,000 Toureen Rlty Residences At Jackson Fal Warranty Deed $640k · Banknorth NA
    — — Toureen Realty LLC — Deed Of Trust · related $600k · Td Bk 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
    Nashua
    County
    Hillsborough
    State
    New Hampshire
    Longitude
    -71.466
    Latitude
    42.7639
    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
    $17,375
    $200,100
    $753,000
    $953,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

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      13 Broad St

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      $730,000
      3,405 SF

      53 Main St, Unit 59

      RESTAURANT
      53 Main St, Nashua, NH 03064-2726
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      14th Railroad Sq

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      14th Railroad Sq, Nashua, NH 03064-2252
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      10 Saint Laurent St

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      38 Broad St

      RESTAURANT
      38 Broad St, Nashua, NH 03064-2013
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    Similar Nearby for Sale

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      Prime Nashua office, high visibility, immediate occupancy.
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      2,228 SF

      Owner-Cared Two-Family Home

      Two spacious units with on-site laundry, fenced yard, and updated hot water and heating systems in a convenient Nashua setting.
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      Vacant Two-Family Home For Sale

      Two-unit property with three bedrooms and two bathrooms each.
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      Development Opportunity Near Broad St

      14.73 acres for multifamily or senior living development.
      52 Baldwin St, Nashua, NH 03064
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    • New
      $1,450,000
      1.14 Acres

      Multi-Family Land Development Site

      Two flat lots with granted variances for a 16-unit townhome plan and utilities sized for connection at the street.
      15-19 Atherton Ave, Nashua, NH 03064
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    Similar Nearby for Lease

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      Versatile Unfinished Commercial Space

      Affordable, open-concept commercial unit ready for customization.
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      2,310 SF

      Downtown Nashua Retail Space Available

      Retail or service space in vibrant downtown Nashua location.
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      2,250 SF

      Retail Space on Busy Street

      Retail space with high visibility and convenient access.
      14A Broad St, Nashua, NH 03064
      View Details
    • Contact for pricing
      13,000 SF

      Office Space in Nashua

      Office space available for rent, totaling 13,000 square feet.
      44 Franklin St, Nashua, NH 03064
      View Details
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    48 Main St
    Nashua, NH 03064-2799
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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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