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    Property profile & analytics

    1166 Shawmut Ave New Bedford, MA 02746-1356

    • Office buildings
    • 20,491 SF
    • 3.08 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jun 08, 2022
    $1,750,000
    Location Intelligence
    Property ID
    US38-1635550
    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

    • Office buildings

    Property Details for 1166 Shawmut Ave

    Year built
    1969
    Construction
    STEEL FRAME
    Lot size
    3.08 lot acres
    Property size
    20,491 SF
    Zone code
    IA
    Property type
    Office buildings
    APN
    NEWB M:0123 L:0101
    APU
    NEWBM0123L0101

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    New Bedford
    County
    Bristol
    State
    Massachusetts
    Longitude
    -70.9496
    Latitude
    41.6651
    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
    $56,382
    $799,400
    $1,459,500
    $2,258,900
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $310,000
      1,510 SF

      68 Hope St

      OFFICE BUILDING • 1,510 SF
      68 Hope St, New Bedford, MA 02746
      View Details
    • Value Estimation
      $255,000
      456 SF

      260 Ashley Blvd

      OFFICE BUILDING • 456 SF
      260 Ashley Blvd, New Bedford, MA 02746-1871
      View Details
    • Value Estimation
      $365,000
      2,133 SF

      487 Belleville Ave

      OFFICE BUILDING • 2,133 SF
      487 Belleville Ave, New Bedford, MA 02746-2420
      View Details
    • Value Estimation
      $300,000
      6,846 SF

      1501 Acushnet Ave

      OFFICE BUILDING • 6,846 SF
      1501 Acushnet Ave, New Bedford, MA 02746-2223
      View Details
    • Value Estimation by Request
      2,664 SF

      306 Mt Pleasant St

      OFFICE BUILDING • 2,664 SF
      306 Mt Pleasant St, New Bedford, MA 02746-1539
      View Details
    • Value Estimation
      $310,000
      1,800 SF

      26-28 Collette St

      OFFICE BUILDING • 1,800 SF
      26-28 Collette St, New Bedford, MA 02746
      View Details

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      Fully leased mixed-use property with office, retail, and cold storage.
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    Similar Nearby for Lease

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    • Contact for pricing

      Retail Space Near Route 140

      Retail spaces with high traffic and convenient location.
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      Retail Building with Drive-Thru

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      Retail space available in a busy shopping center.
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    1166 Shawmut Ave
    New Bedford, MA 02746-1356
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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