Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET Estimated value $980,000
    Office buildings

    12 Welby Rd, New Bedford, MA 02745-1136

    8,120 SF 0.66 ac lot Built 1980
    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US38-1108614
    Property summary
    AI-generated overview

    This exceptional executive office space at 12 Welby Road in New Bedford, Massachusetts, offers a prime location and flexible layouts to suit various business needs. The building encompasses a total of 3,670 square feet, currently entirely vacant and available for lease. Multiple tenancy options are available, with spaces ranging from a minimum of 682 square feet to a maximum contiguous space of 1,988 square feet. This allows for businesses of all sizes to find the perfect fit, whether seeking a smaller, efficient office or a larger, more expansive workspace. The property is conveniently located at 12 Welby Rd, New Bedford, MA 02745. Ample parking is provided for tenants and their clients, ensuring convenient access and a positive experience. The building's classification as "Executive Office" speaks to its high-quality construction and finishes, creating a professional and sophisticated environment ideal for businesses seeking to project an image of success and stability. The entire 3,670 square feet is currently available, presenting a unique opportunity for a single tenant to occupy the entire building or for multiple tenants to lease individual suites. This versatile property is perfectly suited for a variety of businesses seeking a well-appointed and conveniently located office space in New Bedford. Inquire today to learn more about leasing options and secure your ideal workspace.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1980
    Construction FRAME
    Total area 8,120 SF
    Lot 0.66 ac (28,575 SF)
    Zoning code IA
    APN NEWB M:0132-E L:0005
    UPID US38-1108614
    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
    • Massachusetts Mentor Social Service Agency Charitable Organization
    • Steph's Glam Lab Cosmetic Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.19M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $748k
    Blend (final) Blend
    $980k
    Owner & transaction history
    Welby Realty LLC · 4 yrs held
    Welby Realty LLC
    since 2021
    Last sale
    $775,000
    4 recorded transactions
    2021
    $775,000
    2008
    $630,000
    1996
    $257,850
    1969
    Zoning & alternative use
    IA · New Bedford, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Auto repair, garage $1.3M +23.3%
    Apartment house (5+ units) $1.3M +22.0%
    Neighborhood: shopping center $1.2M +16.4%
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 12 Welby Rd?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message