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    3388 Acushnet Ave New Bedford, MA 02745

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    For Sale
    $1,650,000

    2.1-acre corner lot with high visibility and development potential.

    Lot size:
    2.10 Acres

    Property Features for 3388 Acushnet Ave

    General Information

    Lot size
    2.10 Acres

    Source: Coastal Commercial Real Estate Agent Lori A. Nery

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Corner Lot Opportunity

    This 2.1-acre corner lot is located at the intersection of Acushnet Ave and Nye’s Lane. Conceptual plans are available for either 36 condos/apartments in 3 buildings or a 17,400 sq. ft. commercial building. The flat land is suitable for development, with ample parking and easy access to major highways. The new Commuter Rail Depot is located minutes away. The sellers have met with the New Bedford Zoning Task Force and received favorable feedback on development proposals. This mixed-use property has high traffic counts and excellent density. The site is suited for a multi-family complex, retail space, or a combination of both.
    Insight Report Location Intelligence

    Current Use by Public Records

    Dr. Rahim Aghai, ... Doctor Dr. Praveen N. ... Internist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Bedford
    County
    Bristol
    State
    Massachusetts
    Longitude
    -70.9324108
    Latitude
    41.7111803

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    FAQs

    What type of property is this?
    Land - 2.1-acre corner lot with high visibility and development potential.
    Where is this land located?
    The property is located at 3388 Acushnet Ave New Bedford, MA.
    What is the asking price?
    The asking price for this property is $1,650,000.
    What are key features of this property?
    This property features: - Prime 2.1-acre corner lot at a highly visible intersection with high traffic counts and excellent density.; - Conceptual plans available for 36 condos/apartments or a 17,400 sq. ft. commercial building.; - Proximity to the new Commuter Rail Depot.
    (508) 736-2387
    Request Owner's contact information
    3388 Acushnet Ave New Bedford, MA 02745
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    New Bedford, MA 02745
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    Realmo Value Estimation

    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.

    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.

    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
    3388 Acushnet Ave New Bedford, MA 02745
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