Realmo Analytics

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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

This mixed-use building includes a ground-level commercial unit and a four-bedroom residential unit on the upper level. The building totals 2,287 square feet and dates to 1894. The commercial space has historically been used as a convenience store and includes improvements such as a replaced roof, sewer line and heating system, along with new flooring and a cooler. A second unit has been renovated down to the studs. The property is zoned MUB and is located near St. Luke’s Hospital, other medical facilities, a highway, schools, and parks.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

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

Value estimate

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

Realmo valuation models over county records and 21 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 comparables21

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 21 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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