Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1375 New State Hwy Raynham, MA 02767-5438
    Back to Search
    Property profile & analytics

    1375 New State Hwy Raynham, MA 02767-5438

    View on Map
    • Gas stations
    • 2,100 SF
    • 1.28 lot acres
    Off-Market
    Property ID
    US38-1413399
    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.
    Value Estimations
    $565,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Gas 44 / Gas Station
    • ATM / Grocery & Convenience Store
    • Bitcoin Depot | Bitcoin ATM / Atm

    Property Details for 1375 New State Hwy

    Year built
    1999
    Construction
    STEEL FRAME
    Lot size
    1.28 lot acres
    Property size
    2,100 SF
    Property type
    Gas stations
    APN
    RAYN M:15 B:160 L:0
    APU
    RAYNM15B160L0

    Description

    This exceptional 3,000 square foot retail development site presents a unique opportunity for businesses seeking a prominent location in Raynham, Massachusetts. Situated in the heart of the Business District, this single-tenant property offers unparalleled visibility and accessibility. The land is zoned for commercial use, providing flexibility for a variety of retail concepts. With its convenient location at 1375 New State Highway, Raynham, MA 02767, this property benefits from high traffic volume and easy access to major roadways, ensuring strong customer flow. The entire 3,000 square feet is currently vacant, allowing for complete customization to suit a tenant's specific needs and vision. This is an ideal opportunity for a business looking to establish a strong presence in a thriving community. The property's location in Bristol County offers access to a robust consumer base and a supportive business environment. This exceptional site is ready for immediate development, making it an attractive investment for those seeking a prime retail location in a desirable market. The property's address is easily accessible and highly visible, ensuring maximum exposure for any business operating from this location. This is a rare opportunity to secure a prime retail space in a high-traffic area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $425,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $706,000
      Market price range: $291k - $707k

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Raynham
    County
    Bristol
    State
    Massachusetts
    Longitude
    -71.0144
    Latitude
    41.904
    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
    $21,751
    $279,900
    $1,015,600
    $1,295,500
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      2,898 SF

      769 Broadway

      SERVICE STATION (FULL SERVICE) • 2,898 SF
      769 Broadway, Raynham, MA 02767-1734
      View Details
    • Value Estimation
      $935,000
      2,259 SF

      165 New State Hwy

      SERVICE STATION (FULL SERVICE) • 2,259 SF
      165 New State Hwy, Raynham, MA 02767-5445
      View Details
    • Value Estimation
      $1,000,000
      2,284 SF

      343 Broadway

      SERVICE STATION (FULL SERVICE) • 2,284 SF
      343 Broadway, Raynham, MA 02767-1759
      View Details
    • Value Estimation
      $1,190,000
      1,431 SF

      449 New State Hwy

      GAS STATION • 1,431 SF
      449 New State Hwy, Raynham, MA 02767-5449
      View Details
    • Value Estimation by Request
      2,664 SF

      1348 New State Hwy

      SERVICE STATION (FULL SERVICE) • 2,664 SF
      1348 New State Hwy, Raynham, MA 02767-5439
      View Details
    • Value Estimation by Request
      168 SF

      593 Broadway

      GAS STATION • 168 SF
      593 Broadway, Raynham, MA 02767-1734
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Licensed Smoke Shop Opportunity

      Fully licensed smoke shop on a busy road for sale.
      686 Broadway, Raynham, MA 02767
      View Details
    • Contact for pricing

      Raynham Land Near Route 24

      Commercial land available in Raynham, close to Route 24.
      Unknown, Raynham, MA 02767
      View Details
    • $695,000

      Raynham Land For Sale

      Land available for sale in Raynham, Massachusetts.
      107 Stony Brook Rd, Raynham, MA 02767
      View Details
    • $150,000

      Commercial Land For Sale

      Commercial land available, site work needed for development.
      152 Forge River Pkwy, Raynham, MA 02767
      View Details
    • $695,000

      Raynham Land For Sale

      Land available for sale in Raynham, Massachusetts.
      151 Broadway, Raynham, MA 02767
      View Details
    • Contact for pricing
      7,005 SF

      Town Fair Tire Investment Property

      Net-lease investment opportunity with a strong performing tire retailer.
      255 New State Hwy, Raynham, MA 02767
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      11,000 SF

      Raynham Warehouse/Showroom Space Available

      Warehouse/showroom space with regional access via Route 24 and I-495.
      600 St S, Raynham, MA 02767
      View Details
    • Contact for pricing
      7,200 SF

      Raynham Retail and Medical Space

      Retail and medical/office space available in Raynham, Massachusetts.
      768 Broadway, Raynham, MA 02767
      View Details
    • Contact for pricing

      Retail Space in Shaw's Plaza

      Retail space for lease in Raynham, Massachusetts.
      300 New State Hwy, Raynham, MA 02767
      View Details
    • Contact for pricing
      2,856 SF

      Freestanding Building on Route 44

      2,856 SF building for lease on 0.69 acre site.
      469 South St W, Raynham, MA 02767
      View Details
    • Contact for pricing
      4,983 SF

      Freestanding Restaurant Building For Lease

      4,983 SF restaurant building available for lease on 1.10-acre site.
      235 New State Hwy, Raynham, MA 02767
      View Details
    • Contact for pricing
      1,537 SF

      Raynham Retail Space Available

      Retail space available in Raynham, anchored by Shaw's.
      300 New State Hwy, Raynham, MA 02767
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1375 New State Hwy
    Raynham, MA 02767-5438
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1375 New State Hwy, Raynham, MA, 02767
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!