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Property profile & analytics

1155 Purchase St New Bedford, MA 02740-6634

  • Medical offices
  • 5,288 SF
  • 0.38 lot acres
OFF-MARKET
Value Estimation
$450,000
Location Intelligence
Property ID
US38-0415693
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Southcoast Endodontics / Endodontist / Dentist
  • Katherine Lacoste Surprenant, DMD / Endodontist / Dentist
  • Dr. Roger R. Lacoste, DMD / Endodontist
  • Dr. Mark E. Doherty, DMD / Endodontist
  • Dr. Danielle L. Kilmartin, DMD / Endodontist

Property Details for 1155 Purchase St

Year built
1979
Construction
STEEL FRAME
Lot size
0.38 lot acres
Property size
5,288 SF
Zone code
MUB
Property type
Medical offices
Property subtype
Medical centers
APN
NEWB M:0059 L:0204
APU
NEWBM0059L0204

Description

This exceptional two-story, Class A office building, located at 1155 Purchase St, New Bedford, MA 02740, offers 5,328 square feet of space in a prime location. Built in 1979, the property features two suites, with a minimum divisible space of 2,500 square feet and a maximum contiguous space of 2,500 square feet. Currently, there is no vacant space. The building sits on a 0.38-acre lot and includes 15 parking spaces. The zoning is MUB, and the property enjoys convenient access to Route 18 and major highways. Ideal for medical or professional practices, this versatile space includes features such as eight exam rooms, a private office, a meeting room, a break room with kitchenette, an X-ray room, a reception area, a large waiting room, and two bathrooms. This is a unique opportunity to lease a stand-alone space in a desirable area of New Bedford. The cross street is Maxfield St.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $455,000
  • CAP approach

    CAP return
    Estimation
    6%
    $470,000
    6.5%
    $395,000
    7%
    $400,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $400,000
    Geo Method
    $490,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $420,000
    Retail
    $510,000
    Mixed-Use
    $500,000
    Hospitality
    $395,000
    Educational
    $515,000
    Residential Income
    $460,000
    Energy
    $460,000
    Income-Based Land
    $420,000
    Food Service
    $380,000

Location Insight

  • Map
  • Local Demand
City
New Bedford
County
Bristol
State
Massachusetts
Longitude
-70.9274
Latitude
41.6404
CBSA code
39300
CBSA name
PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$14,018
$199,700
$361,900
$561,600
-
$0.00
$0.00
$0.00
More about this property
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