Entity Owned Property summary
AI-generated overview
Executive Tower, a Class A office building located at 61 Spit Brook Road in Nashua, New Hampshire, offers 58,719 square feet of premium office space. This five-story building, constructed in 1986, boasts a prime location just off Exit 1 of Route 3, providing convenient access to major transportation routes. Currently, 29,055 square feet is available for lease, with multiple suites ranging from 2,200 to 12,929 square feet, catering to diverse business needs. The building features two elevators and ample parking, with a ratio of 3.5 spaces per 1,000 square feet. Power is supplied by a 1,200 amp, 277/980 volt system. Executive Tower is zoned LB - Local Business (APN: 0000A-00229, Hillsborough County). Its strategic location offers proximity to a variety of amenities, including restaurants, hotels, and shopping centers. The property is conveniently situated 45 minutes from Boston and 20 minutes from Manchester, making it an ideal location for businesses seeking a blend of accessibility and prestigious surroundings. This landmark business address provides a first-class environment for companies of all sizes.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1985
Construction
STEEL FRAME
Total area
59,135 SF
Lot
2.36 ac (102,932 SF)
Zoning code
RC
APN
NASH M:A L:00229
UPID
US58-0287568
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Publishing House
-
Law Firm
-
Marriage Or Relationship Counselor
-
Employment Agency
-
Law Firm
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.10M
Blend (final)
Blend
$8.38M
Owner & transaction history
since 2013
7 recorded transactions
Zoning & alternative use
RC · Nashua, NH
Top alternative use upside
Restaurant
$12.2M
+58.1%
Retail stores
$10.8M
+40.0%
Auto repair, garage
$10.5M
+35.5%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
5 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$8.38M
Value range
$7.54M – $9.21M
±10% around blend
Estimated value / SF
$142 / SF
Confidence
Property data
100
Market benchmarks
67
Comparable evidence
60
$7.54M
blend $8.38M
$9.21M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
59,135 SF
Lot area
2.36 ac
Year built
1985
Stories
5
APN
NASH M:A L:00229
Zoning
RC
Assessed value
$6,077,000
Annual tax
$110,784
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$8.10M
Range $5.49M – $9.80M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$8.38M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 37 sales
$131
+8%
County 165 sales
$148
-5%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $142/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Restaurant
Gross theoretical uplift
+58%
vs current-use indication
Retail Stores
Auto Repair, Garage
Commercial (general)
Office Building · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$6.08M
Move the market yield to see immediate price impact.
Value / SF
$103
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$383k
$7.66M
$5.47M
$4.25M
$425k
$8.51M
$6.08M
$4.73M
$468k
$9.36M
$6.68M
$5.20M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$110,784
Tax year 2023
Assessed value
$6,077,000
Assessed 2023
Previous assessed
$6,077,000
+0.0% YoY
Effective rate
1.82%
On assessed value
Assessed land
$3,020,100
Assessed improvement
$3,056,900
Applied tax rate
50,260.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1985
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
5
Units
5
Bathrooms
10
Total area
59,135 SF
Lot
2.36 ac (102,932 SF)
Zoning code
RC
APN
NASH M:A L:00229
UPID
US58-0287568
Jurisdiction
NASHUA CITY
Zoning & alternative use
RC · Nashua, NHZoning RC · permitted uses
RC · Nashua, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1985
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
5
Buildings
1
Units
5
Bathrooms
10
Lot
2.36 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
RC
Jurisdiction
Nashua, NH
Recorded code
RC
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for RC in Nashua, NH.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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