Financial
Distress signals
Property profile

282 Allen St 1 New Bedford, MA 02740

FOR SALE
Other investment properties
Property ID
US38-1671216
2,287 SF 0.03 ac lot Built 1894
Last sale Apr 2024 · $344,900
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years.
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Property summary

AI-generated overview

The property is a renovated mixed-use building configured with a first-floor commercial convenience store unit and a separate second-floor residential unit with four bedrooms. Reported improvements include a replaced roof, a sewer line replacement, updated heating, new flooring, and installation of a cooler within the commercial space; the second unit is described as having been renovated to studs. The building is located near St. Luke’s Hospital and other medical facilities, with access to

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2024$302k
Assessed land$75k
Assessed improvement$227k

Value estimate

· Sep 2026
$345k
$311k – $380k
AI approach$345k

Realmo valuation models over county records and 14 qualifying comparable sales.

Recently sold

What actually traded nearby?
$130/SF
ZIP average, outlier-cleaned · 64 recorded sales of this use type
Observed band · Q1–Q3$74 – $177
Qualifying comparables14

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
MUB
The intent of this zone is to promote Mixed Use Business uses.
General categoryMIXED_USE
JurisdictionNEW BEDFORD

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility17.0
Computer & Electronic Repair12.5
Tech Support Center11.0

Location

282 Allen St, Unit 1 New Bedford, MA 02740
County assessor Recorded deeds · 6 transfers 14 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
86 Dartmouth, New Bedford, MA 02740-3149 $485,000 Mar 2025 3,028 SF
366 Cedar, New Bedford, MA 02740-4559 $74,000 Apr 2024 2,198 SF
230 County, New Bedford, MA 02740-4718 $350,000 Feb 2024 1,721 SF
1956 Purchase, New Bedford, MA 02740-7105 $284,900 Feb 2024 1,625 SF
103 Caroline, New Bedford, MA 02740-4406 $505,000 Jan 2024 2,861 SF
67 Allen, New Bedford, MA 02740-4835 $455,000 Nov 2023 2,680 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
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More about this property
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