New search
Property profile & analytics
OFF-MARKET
Estimated value
$3,260,000
Warehouses
150 John Vertente Blvd, New Bedford, MA 02745-1207
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US38-1803924
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2008
Construction
STEEL FRAME
Total area
24,240 SF
Lot
6.04 ac (263,102 SF)
Zoning code
GI
APN
DART M:0085 B:0008 L:0002
UPID
US38-1803924
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
-
Lighthouse Masonry, Inc. General Contractor Construction Company
-
TJA Clean Energy Sustainability Organization
-
Circle Earth Excavation Inc. General Contractor Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.25M
CAP Approach
CAP
$4.34M
Comparable Approach
Comparable
$4.32M
Blend (final)
Blend
$3.26M
Owner & transaction history
New Bedford Ark LLC · 2 yrs held
New Bedford Ark LLC
since 2023
Last sale
$3.2M
7 recorded transactions
Zoning & alternative use
GI · New Bedford, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$3.9M
+22.3%
Apartment house (5+ units)
$3.9M
+21.0%
Neighborhood: shopping center
$3.7M
+15.5%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs New Bedford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Bedford submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$3,475,000
ML approach
$3,250,000
CAP Approach
CAP Return
Estimation
6%
$4,700,000
6.5%
$4,335,000
7%
$4,025,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$3,205,000
Current use
AUTO REPAIR, GARAGE
$3,920,000
Change: +22% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$3,880,000
Change: +21% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,700,000
Change: +15% · Conversion: Moderate
RESTAURANT
$3,690,000
Change: +15% · Conversion: Difficult
RETAIL STORES
$3,660,000
Change: +14% · Conversion: Moderate
OFFICE BUILDING
$3,180,000
Change: -1% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,790,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$3.26M
Range $2.93M – $3.59M · ±10% · vs last sale $3.16M (Oct 27 2023)
Last sale anchor
$3.16M
Oct 27 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$134 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$31,919
Tax year 2024
Assessed value
$1,712,400
Assessed 2024
Previous assessed
$1,637,100
+4.6% YoY
Effective rate
1.86%
On assessed value
Assessed land
$500,400
Assessed improvement
$1,212,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2008
Construction
STEEL FRAME
Heating
FORCED AIR
Buildings
1
Stories
1
Units
1
Total area
24,240 SF
Lot
6.04 ac (263,102 SF)
Zoning code
GI
APN
DART M:0085 B:0008 L:0002
UPID
US38-1803924
Jurisdiction
DARTMOUTH
Zoning & alternative use
GI · New Bedford, MA
Zoning GI · permitted uses
GI · New Bedford, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Bedford. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$3.2M
AUTO REPAIR, GARAGE
Est. value
$3.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.7M
RESTAURANT
Est. value
$3.7M
RETAIL STORES
Est. value
$3.7M
OFFICE BUILDING
Est. value
$3.2M
COMMERCIAL (GENERAL)
Est. value
$2.8M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
NEIGHBORHOOD: SHOPPING CENTER
RESTAURANT
RETAIL STORES
OFFICE BUILDING
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2008
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
1
Buildings
1
Units
1
Lot
6.04 ac
Current owner
From public records · entity-resolved
New Bedford Ark LLC
Entity
Mailing address
150 JOHN VERTENTE BLVD, NEW BEDFORD, MA 02745-1207
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 27, 2023
$3,160,000
New Bedford Ark LLC
Dartmouth Pillar LLC
Quit Claim Arm's Length For Ne States
$1,580,000 · Bank Of America NA
Oct 27, 2023
—
New Bedford Ark LLC
—
Deed
related
$1,294,000 · Granite State Economic Development Corp
Sep 21, 2022
—
Dartmouth Pillar LLC
—
Deed
related
$1,600,000 · Rockland Trust Co
Nov 5, 2020
$2,380,900
Bedford Re Kearsarge New
Nbd Solar LLC
Quitclaim Deed
—
May 13, 2020
—
Nbd Solar LLC
—
Deed
related
$1,075,000 · Raymond C Green & Co INC
Aug 9, 2019
$549,900
Nbd Solar LLC
Pillar LLC
Deed
—
Jun 7, 2018
—
Pillar LLC
—
Deed
related
$933,000 · Rockland Tr
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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 150 John Vertente Blvd?
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 →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
