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Property profile & analytics
OFF-MARKET
Estimated value
$18,785,000
Investment properties
57 Palm St Nashua, NH 03060-3259
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US58-0395653
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1885
Construction
CONCRETE
Total area
123,932 SF
Lot
2.29 ac (99,578 SF)
Zoning code
RC
APN
NASH M:83 L:00067
UPID
US58-0395653
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Jake's Old Fashioned Ice Cream & Custom Cakes Bakery Production Facility
-
Palm Square 55+ Community Apartment Building
-
Jennifer Small Alternative Medicine Practice Spa & Massage Center
-
J&M Auto Detailing Car Wash
-
Hands In Motion Massage and Bodywork Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$23.43M
Comparable Approach
Comparable
$19.04M
Blend (final)
Blend
$18.79M
Owner & transaction history
Palm Square LLC · 9 yrs held
Palm Square LLC
since 2017
5 recorded transactions
Zoning & alternative use
RC · Nashua, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$25.6M
+28.7%
Retail stores
$22.7M
+14.0%
Auto repair, garage
$21.9M
+10.3%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Nashua submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Nashua submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$25,375,000
6.5%
$23,425,000
7%
$21,750,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$19,875,000
Current use
RESTAURANT
$25,580,000
Change: +29% · Conversion: Difficult
RETAIL STORES
$22,650,000
Change: +14% · Conversion: Easy
AUTO REPAIR, GARAGE
$21,925,000
Change: +10% · Conversion: Difficult
OFFICE BUILDING
$16,185,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$18.79M
Range $16.91M – $20.66M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$152 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$280,809
Tax year 2023
Assessed value
$15,403,700
Assessed 2023
Previous assessed
$15,403,700
+0.0% YoY
Effective rate
1.82%
On assessed value
Assessed land
$300,100
Assessed improvement
$15,103,600
Applied tax rate
50,260.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1885
Construction
CONCRETE
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
3
Units
145
Rooms
311
Bathrooms
123
Total area
123,932 SF
Lot
2.29 ac (99,578 SF)
Zoning code
RC
APN
NASH M:83 L:00067
UPID
US58-0395653
Jurisdiction
NASHUA CITY
Zoning & alternative use
RC · Nashua, NH
Zoning RC · permitted uses
RC · Nashua, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Nashua. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$19.9M
RESTAURANT
Est. value
$25.6M
RETAIL STORES
Est. value
$22.7M
AUTO REPAIR, GARAGE
Est. value
$21.9M
OFFICE BUILDING
Est. value
$16.2M
COMMERCIAL (GENERAL) Current
RESTAURANT
RETAIL STORES
AUTO REPAIR, GARAGE
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1885
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
1
Units
145
Rooms
311
Bathrooms
123
Lot
2.29 ac
Current owner
From public records · entity-resolved
Palm Square LLC
Entity
Mailing address
9 OLD DERRY RD, HUDSON, NH 03051-3310
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 23, 2017
—
Palm Square LLC
—
Grant Deed
related
$1,820,400 · Nbt Bk
Jul 11, 2008
—
Palm Square LLC
—
Deed Of Trust
related
$6,500,000 · Hampshire First Bank
—
—
Palm Square LLC
—
Deed Of Trust
related
$6,200,000 · Td Bk NA
—
—
Palm Square LLC
—
Loan Modification
related
$7,500,000 · Nbt Bk
—
—
Palm Square LLC
—
Deed Of Trust
related
$2,500,000 · Td Bk NA
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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