Property profile

135 Potter St New Bedford, MA 02740

FOR LEASE
Manufacturing properties
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Property ID
US38-0553412
37,127 SF 1.18 ac Built 1919
Last sale Aug 2002·$500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 24-yr Hold Held for 24 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon
135 Potter St, New Bedford, MA 02740 For Lease
$6,950/Mo 8,300 SF available
135 Potter St, New Bedford, MA 02740
View Listing

Property summary

AI-generated overview

This exceptional 8,300 square foot industrial property in New Bedford offers a rare combination of warehouse, cold storage, and flex space, ideal for various uses. Its strategic location directly on Interstate 195 provides excellent visibility and accessibility, with signage opportunities available to maximize brand exposure. Previously used for food production, this USDA-certified compliant space features a large production area, multiple cold rooms, a freezer, and refrigerator rooms, making…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$31k
Tax billed · 2024
Assessed value$1.24M
Assessed land$303k
Assessed improvement$937k
Effective rate2.50%

Value estimate

· Nov 2026
$1.06M
$954k – $1.17M
AI approach$1.06M
Submarket $/SF estimate$1.04M
NOI build-up
Gross scheduled income$120k
Vacancy & credit loss−$6k
Operating expenses−$17k
NOI · 1,388.66% cap applied$97k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$113/SF
County average, outlier-cleaned · 122 recorded sales of this use type
Observed band · Q1–Q3$41 – $172
Qualifying comparables3

Cap rate analysis

How does the asset earn?
1,388.66%
$97k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
IB
The intent of this zone is to promote Industrial B uses.
General categoryINDUSTRIAL
JurisdictionNEW BEDFORD

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency38.2
Law Firm36.4
Dental Office20.4

Location

135 Potter St New Bedford, MA 02740
County assessor Recorded deeds · 8 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
14 Ss, New Bedford, MA 02740-7221 $2,250,000 Sep 2024 12,930 SF
6 Hassey, New Bedford, MA 02740-7209 $8,000,000 May 2024 14,580 SF
11 Hassey, New Bedford, MA 02740-7234 $2,500,000 Apr 2024 11,364 SF
26 Grn And Wood Pier, New Bedford, MA 02740-7200 $3,275,000 Jan 2022 27,615 SF
49 Hassey, New Bedford, MA 02740-7281 $3,000,000 Oct 2021 39,322 SF
22 Logan, New Bedford, MA 02740-7376 $225,000 Dec 2020 42,532 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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