Versatile Commercial Property in New
For Sale
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101 Nash Road, New Bedford, MA 02746
Mixed-use property with warehouse space, showroom, and ample parking.
Property Size1,942 SF
Price / SF$177.60
Days on Market469
Property Features for 101 Nash Road
General Information
Standard status
Active
Size
1,942 SF
Property subtype
Industrial, Mixed Use, Retail
Zoning
MUB
Building Details
Year Built
1920
Buildings
1
Tenancy
Single
Listing Agency:
Compass Boston
(508) 990-4280
Listed By:
Mathew J. Arruda · License #MA 9560412
Source:
Crexi
Added: May 9, 2025
Changed: Aug 10
Last Checked: Jul 16 at 2:20AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass Boston
Investment Insights
Based on property information with market context.
Located at 101 Nash Road in New Bedford’s North End, this commercial property offers 1,942 sq. ft. of interior space on a corner lot. The property features two bathrooms, a showroom/reception area, and a back office. A 10-foot garage door provides access to a large warehouse space. Ample parking is available for six cars. The location benefits from a high traffic count and easy highway access, situated near Acushnet Ave, Coggeshall St, and Belleville Rd commercial strips, as well as I-195. This space is suitable for contractors and entrepreneurs seeking a physical location to accommodate various business needs.
Key Highlights
- High traffic corner lot location in New Bedford's North End.
- Versatile 1,942 sq. ft. interior space suitable for various business needs.
- Ample parking with space for six cars.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$26,264
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.61%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$525,280
$525.3K
Cap Rate 7%
$375,200
$375.2K
Cap Rate 9%
$291,822
$291.8K
Market Conditions
NOI Build-Up for 1,942 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$40.8K $21.00/SF
− Vacancy
−$3.3K −$1.68/SF
EGI
$37.5K $19.32/SF
− OpEx
−$11.3K −$5.80/SF
NOI
$26.3K $13.52/SF
Area
New Bedford, MA
Vacancy
8.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$525,280
Cap Rate 7%
$375,200
Cap Rate 9%
$291,822
Alternative Uses
Best Use
Retail
$375.2K
$328.3K – $437.7K
NOI $26,264 @ 7.0% cap · market cap 7.61%
Second Best
Mixed Use
$359.8K
$314.8K – $419.7K
NOI $25,183 @ 7.0% cap · market cap 7.30%
Theoretical Best
Office A
$572.6K
$501.0K – $668.1K
NOI $40,083 @ 7.0% cap · market cap 11.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
897
Businesses Nearby
Explore this area
Business Placement
Demographics for 02746, MA
17,355
Population
7,640
Households
2.3
Avg Household Size
33
Median Age
10%
College-Educated
67%
High-School Grad
2.8 sq mi
ZIP Area
6,198
Density / Sq Mi
$41,023
Median Household Income
$33,472
Median Earnings
$1,100
Median Rent
$324,400
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property with warehouse space, showroom, and ample parking.
Where is this mixed-use property located?
The property is located at 101 Nash Road New Bedford, MA.
What is the asking price?
The asking price for this property is $344,900.
What are key features of this property?
This property features: High traffic corner lot location in New Bedford's North End.; Versatile 1,942 sq. ft. interior space suitable for various business needs.; Ample parking with space for six cars.
