Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    71 Spit Brook Rd Nashua, NH 03060
    Back to Search
    Property profile & analytics

    71 Spit Brook Rd, Nashua, NH 03060

    View on Map
    • Office buildings
    • 32,868 SF
    • 1.68 lot acres
    For Sale
    $4,500,000
    View Listing →
    Nashua Office Building For Sale For Sale
    $4,500,000
    1,000 SF

    Nashua Office Building For Sale

    38,666 SF office building 95% leased, great investment opportunity.

    71 Spit Brook Rd, Nashua, NH
    View Listing
    Property ID
    US58-0149554
    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

    • IM Group Home Remodeling / Hardware & Home Improvement / Interior Design
    • Signature Vending Services / Big Box & Wholesale Store
    • Hosted Telecom Solutions, Inc. / Telecommunications Service / General Contractor
    • Mistral Software Inc / (Bike/Boat/Book/etc) Store / Corporate Office
    • Lice Clinics of America - Operated by Nits End - Nashua / Medical Clinic

    Property Details for 71 Spit Brook Rd

    Year built
    1983
    Construction
    STEEL FRAME
    Lot size
    1.68 lot acres
    Zone code
    RC
    Property type
    Office buildings
    APN
    NASH M:A L:00194
    APU
    NASHMAL00194

    Description

    This exceptional four-story office building at 71 Spit Brook Road in Nashua, New Hampshire, offers a variety of office spaces for lease, suitable for medical, traditional, executive, or creative businesses. The building boasts ample free on-site parking, ensuring convenient access for employees and clients. Accessibility is a key feature, with an ADA-compliant lobby, elevator, and restrooms throughout. Landlords are committed to working collaboratively with tenants, assisting with everything from initial property tours and lease negotiations to customized floor plan design and build-outs for qualified tenants. The strategic location provides unparalleled convenience. It's less than a mile from the Massachusetts border and a short 20-minute drive to the Manchester-Boston Regional Airport. A wide array of amenities are within walking distance, including hotels, restaurants, healthcare facilities, fitness centers, and daycare options. Shopping is also readily accessible, with proximity to the Daniel Webster Highway and the Pheasant Lane Mall. The lease structure is a modified gross lease, with tenants responsible only for their own electricity costs. This property presents a unique opportunity to establish your business in a highly desirable and well-equipped location. The building is situated in Hillsborough County and features one elevator. Multiple suites are available within this single building.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $4,065,000
      Market price range: $3.05M - $5.44M
      AI Estimate
      $3,813,000
      Market price range: $1.56M - $6.37M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $4,290,000
      Current use
      RESTAURANT
      $6,785,000
      Change: +58% Conversion: Moderate
      RETAIL STORES
      $6,010,000
      Change: +40% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $5,815,000
      Change: +35% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $5,270,000
      Change: +23% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Nashua
    County
    Hillsborough
    State
    New Hampshire
    Longitude
    -71.4484
    Latitude
    42.7078
    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
    $55,616
    $1,126,600
    $1,924,200
    $3,050,800
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $2,315,000
      13,436 SF

      173 Daniel Webster Hwy

      OFFICE BUILDING
      173 Daniel Webster Hwy, Nashua, NH 03060-5256
      View Details
    • Value Estimation
      $1,835,000
      12,000 SF

      157 Main Dunstable Rd

      OFFICE BUILDING
      157 Main Dunstable Rd, Nashua, NH 03060-3641
      View Details
    • Value Estimation
      $1,765,000
      12,000 SF

      159 Main Dunstable Rd

      OFFICE BUILDING
      159 Main Dunstable Rd, Nashua, NH 03060-3642
      View Details
    • Value Estimation
      $540,000
      2,896 SF

      305-307 Main St

      OFFICE BUILDING
      305-307 Main St, Nashua, NH 03060
      View Details
    • Value Estimation
      $1,565,000
      20,436 SF

      111 Main St, Unit 117

      OFFICE BUILDING
      111 Main St, Nashua, NH 03060-2718
      View Details
    • Value Estimation
      $540,000
      2,913 SF

      6 Daniel Webster Hwy

      OFFICE BUILDING
      6 Daniel Webster Hwy, Nashua, NH 03060-5097
      View Details

    Similar Nearby for Sale

    • $575,000
      2,500 SF

      Two-Story Office Building in Nashua

      Well-maintained office building in Nashua's Downtown Mixed Use district.
      35 E Pearl St, Nashua, NH 03060
      View Details
    • $575,000

      Two-Story Office Building in Nashua

      Well-maintained 2,500 SF office building in Nashua's Downtown.
      35 East Pearl St, Nashua, NH 03060
      View Details
    • $2,952,493
      17 SF

      Downtown Nashua Retail and Office

      Two buildings with retail and office space in downtown Nashua.
      211 Main St, Nashua, NH 03060
      View Details
    • $600,000

      Renovated Office Building with Parking

      Renovated office building in Nashua with multifamily development potential.
      12 Spring St, Nashua, NH 03060
      View Details
    • Contact for pricing
      1,000 SF

      Nashua Office Building For Sale

      38,666 SF office building 95% leased, great investment opportunity.
      71 Spit Brook Rd, Nashua, NH 03060
      View Details
    • $203,000

      Dental Office Condo For Sale

      Dental office condo with equipment, furnishings, and specialized infrastructure.
      3-H Taggart Dr, Nashua, NH 03060
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      15,000 SF

      Nashua Office Space For Lease

      32,000± SF office space with geothermal HVAC system.
      3 Pine Street Ext, Nashua, NH 03060
      View Details
    • Contact for pricing

      Downtown Nashua Professional Office Space

      Professional office space for lease in downtown Nashua.
      1 Elm St, Nashua, NH 03060
      View Details
    • Contact for pricing

      Main Dunstable Road Office Suites

      Office and medical suites available off Exit 5 in Nashua.
      155 Main Dunstable Rd, Nashua, NH 03060
      View Details
    • Contact for pricing

      Nashua Commercial Space For Lease

      Office space available in Nashua, NH with flexible zoning.
      113 West Pearl St, Nashua, NH 03060
      View Details
    • Contact for pricing
      1,300 SF

      Downtown Nashua Mill Style Office

      Mill style office space for rent in Downtown Nashua.
      5 Pine St, Nashua, NH 03060
      View Details
    • Contact for pricing
      300 SF

      Bright Corner Office Suite

      Corner office suite with bright windows available for rent.
      48 Bridge St, Nashua, NH 03060
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    71 Spit Brook Rd
    Nashua, NH 03060
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    71 Spit Brook Rd, Nashua, NH, 03060
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!