Property profile

107 Welby Rd New Bedford, MA 02745

OFF-MARKET
Day care centers
Property ID
US38-0657763
6,396 SF 1.46 ac lot Built 1993
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Day care centers
Use group DAY CARE, PRE-SCHOOL
Year built 1993
Construction FRAME
Total area 6,396 SF
Lot 1.46 ac (63,554 SF)
Zoning code IC
APN NEWB M:0132 L:0850
UPID US38-0657763

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Social Service Agency Charitable Organization

Location

107 Welby Rd New Bedford, MA 02745-1135
New Bedford metro Census 650102 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$600k
CAP Approach CAP
by Request
Comparable Approach Comparable
$716k
Blend (final) Blend
$615k

Owner & transaction history

since 2022
Last sale
$410,000
4 recorded transactions
2022
$410,000
2001
$440,000
1996
Price N/A
1996
Price N/A

Zoning & alternative use

IC · New Bedford, MA
Zoning description

The intent of this zone is to promote Industrial C uses.

General category INDUSTRIAL
Top alternative use upside
Apartment house (5+ units) $1.0M +0.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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