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Property profile & analytics
OFF-MARKET Estimated value $14,200,000
Super regional malls

1024 Kings Hwy New Bedford, MA 02745-4970

165,183 SF 11.29 ac lot Built 1970
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US38-1692171
Property summary
AI-generated overview

This 2,700 square foot retail space is located at 1024 Kings Highway, New Bedford, MA 02745, in Bristol County. The property is zoned PB and features a single-tenant occupancy. Its highly visible location, just off Route 140 and near the Church Street Train Station, ensures excellent accessibility and high traffic volume. The surrounding area boasts numerous established businesses and services, creating a thriving commercial environment. This strategic location makes it an ideal space for a variety of retail uses, capitalizing on the existing strong commercial activity and the growing population of New Bedford and the South Coast. The property's prominent position and convenient access promise a successful future for its tenant. This opportunity is particularly attractive given its current pricing, making it a compelling investment. The property's address is easily accessible and benefits from high visibility, making it an ideal location for a business seeking to establish a strong presence in the New Bedford market.

Property profile
Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1970
Construction STEEL FRAME
Total area 165,183 SF
Lot 11.29 ac (491,684 SF)
Zoning code PB
APN NEWB M:0123 L:0109
UPID US38-1692171
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Funz Trampoline Park Arcade & Gaming Center
  • New Bedford's Liquor Warehouse Specialty Food Shop Wine and Liquor Store
  • PCX Apparel Clothing Store
  • Madrag Clothing & Fashion Store
  • Kings Plaza Business Service Center Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$14.20M
CAP Approach CAP
by Request
Comparable Approach Comparable
$17.24M
Blend (final) Blend
$14.20M
Owner & transaction history
1024 Kings Hwy LLC · 1 yrs held
1024 Kings Hwy LLC
since 2024
Last sale
$14.2M
6 recorded transactions
2024
$14.2M
2024
Price N/A
2004
Price N/A
1997
Price N/A
1993
$2.5M
1988
$5.9M
Zoning & alternative use
PB · New Bedford, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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