493 Amherst St Nashua, NH 03063
Property profile & analytics
493 Amherst St Nashua, NH 03063
- Commercial real estate
- 23,698 SF
- 5.83 lot acres
Property ID
US58-0344227
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.
Location Intelligence
Current Use by Public Records
- K'sone's Thai Dining & Lounge / Restaurant
- SPENGA Nashua / Gym & Fitness Center
- Paul's Cleaners / (Bike/Boat/Book/etc) Store
- tkk fried chicken / Restaurant
- Kung Fu Tea X TKK Fried Chicken / Restaurant
Property Details for 493 Amherst St
- Year built
- 1978
- Construction
- CONCRETE
- Lot size
- 5.83 lot acres
- Property size
- 23,698 SF
- Zone code
- HB
- Property type
- Commercial real estate
- APN
- NASH M:H L:00166
- APU
- NASHMHL00166
Description
This exceptional retail opportunity is located at 493-495 Amherst Street in Nashua, New Hampshire, 03063. The property is a 32,013 square foot retail strip center situated at the intersection of Amherst Street (Route 101A) and Thornton Road, providing convenient access from both eastbound and westbound lanes. The space available is 1,600 square feet, representing a minimum divisible unit, with a maximum contiguous space also of 1,600 square feet. This vibrant center boasts a diverse mix of national, regional, and local tenants, including Enterprise Bank, Jersey Mike's, Aroma Joe's, India Palace, Smoothie King, and Kung Fu Tea, alongside neighbors such as Bank of America and 7-Eleven. The property has recently undergone significant improvements, featuring a new façade, a resurfaced parking lot, and a new pylon sign. The location benefits from high visibility and ample parking, attracting substantial traffic volume. The property's strategic location also places it in close proximity to other major national retailers including HomeGoods, Target, Panera Bread, PetSmart, Walgreens, and Planet Fitness, further enhancing its appeal and drawing significant consumer traffic. This makes it an ideal location for retailers, service businesses, and restaurants seeking a high-traffic, well-maintained space in a thriving Nashua commercial area. The property is adjacent to Nashua Community College.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $4,850,000
- 6.5%
- $4,480,000
- 7%
- $4,160,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $5,226,000
- AI Estimate
- $5,714,000
Market price range: $1.81M - $5.23MMarket price range: $1.34M - $5.71M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $3,355,000 Current use
- RESTAURANT
- $4,890,000 Change: +46% Conversion: Difficult
- RETAIL STORES
- $4,330,000 Change: +29% Conversion: Easy
- AUTO REPAIR, GARAGE
- $4,190,000 Change: +25% Conversion: Difficult
- OFFICE BUILDING
- $3,095,000 Change: -8% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Nashua
- County
- Hillsborough
- State
- New Hampshire
- Longitude
- -71.5217
- Latitude
- 42.7932
- 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
$69,321
$1,497,300
$2,305,300
$3,802,600
-
$0.00
$0.00
$0.00
