Financial
Distress signals
Property profile

376 Nash Rd New Bedford, MA 02740

FOR SALE
Showrooms
Property ID
US38-1698820
63,272 SF 1.65 ac lot Built 1919
Last sale Jul 2021 · $2,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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376 Nash Rd, New Bedford, MA 02740 For Sale
$3,995,000 63,272 SF
376 Nash Rd, New Bedford, MA 02740
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Property summary

AI-generated overview

The property is a two-level industrial building with a total gross leasable area of approximately 63,272 square feet on a 3.8-acre site. It includes a 17,000± square foot cold storage warehouse with a 32-foot ceiling height, along with about 46,272± square feet of office/flex space. Building support includes shared parking, two loading docks, two overhead doors, and four additional overhead doors. The site is zoned IB – Industrial B. The property is located about one mile from the New Bedford

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 · 2024

What does the county charge?
$49k
Tax billed · 2024
Assessed value$1.97M
Assessed land$444k
Assessed improvement$1.52M
Effective rate2.50%

Value estimate

· Sep 2026
$2.85M
$2.57M – $3.14M
AI approach$3.63M
Sales comparison$2.56M
NOI build-up
Gross scheduled income$911k
Vacancy & credit loss−$46k
Operating expenses−$130k
NOI · 18.42% cap applied$736k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$77/SF
ZIP average, outlier-cleaned · 28 recorded sales of this use type
Observed band · Q1–Q3$40 – $96
Qualifying comparables3

Cap rate analysis

How does the asset earn?
18.42%
$736k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
IB
The intent of this zone is to promote Industrial B uses.
General categoryINDUSTRIAL
JurisdictionNEW BEDFORD

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm32.2
Realty agency21.8
Skin Care Clinic13.4

Location

376 Nash Rd New Bedford, MA 02740
County assessor Recorded deeds · 4 transfers 3 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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
969 Shawmut, New Bedford, MA 02746-1365 $13,500,000 Jan 2024 77,176 SF
105 Ashley, New Bedford, MA 02746-1909 $50,000 Jul 2022 9,780 SF
1859 Acushnet, New Bedford, MA 02746-2115 $475,000 Apr 2022 9,658 SF
293 Ashley, New Bedford, MA 02746-1859 $440,000 Aug 2021 9,088 SF
136 Ashley, New Bedford, MA 02746-1741 $825,000 Oct 2020 12,782 SF
1613 Acushnet, New Bedford, MA 02746-2136 $165,000 Sep 2020 8,232 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.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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