Property profile

1501 Purchase St New Bedford, MA 02740

OFF-MARKET
Automotive properties
Property ID
US38-0477371
1,500 SF 0.22 ac lot Built 1962
Individually Owned 12-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1962
Construction FRAME
Total area 1,500 SF
Lot 0.22 ac (9,583 SF)
Zoning code MUB
APN NEWB M:0072 L:0110
UPID US38-0477371

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1501 Purchase St New Bedford, MA 02740
New Bedford metro Census 651300 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$345k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$345k

Owner & transaction history

since 2014
1 recorded transaction
2014
$185,000

Zoning & alternative use

MUB · New Bedford, MA
Zoning description

The intent of this zone is to promote Mixed Use Business uses.

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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 1501 Purchase St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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