Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    171 Coggeshall St New Bedford, MA 02746-2445
    Property profile & analytics

    171 Coggeshall St New Bedford, MA 02746-2445

    View on Map
    • Gas stations
    • 1,836 SF
    • 0.18 lot acres
    Off-Market
    Last Sale Mar 24, 2022
    $95,000
    Property ID
    US38-0813936
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Petro Mart Inc / Gas Station
    • ATM (Petro Mart Inc) / Atm
    • Bitcoin Depot | Bitcoin ATM / Atm / Crypto Atm

    Property Details for 171 Coggeshall St

    Year built
    2001
    Construction
    CONCRETE
    Lot size
    0.18 lot acres
    Property size
    1,836 SF
    Zone code
    IB
    Property type
    Gas stations
    APN
    NEWB M:0093 L:0227
    APU
    NEWBM0093L0227

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    New Bedford
    County
    Bristol
    State
    Massachusetts
    Longitude
    -70.9224
    Latitude
    41.6562
    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
    $11,417
    $185,600
    $271,800
    $457,400
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $535,000
      1,859 SF

      36 Hathaway Rd

      SERVICE STATION (FULL SERVICE) • 1,859 SF
      36 Hathaway Rd, New Bedford, MA 02746-1306
      View Details
    • Value Estimation
      $520,000
      3,093 SF

      397 Sawyer St

      SERVICE STATION (FULL SERVICE) • 3,093 SF
      397 Sawyer St, New Bedford, MA 02746-1662
      View Details
    • Value Estimation by Request
      2,008 SF

      531 Mt Pleasant St

      GAS STATION • 2,008 SF
      531 Mt Pleasant St, New Bedford, MA 02746-1547
      View Details
    • Value Estimation by Request
      1,432 SF

      549 Sawyer St

      GAS STATION • 1,432 SF
      549 Sawyer St, New Bedford, MA 02746-1449
      View Details
    • Value Estimation
      $980,000
      2,940 SF

      1499 Acushnet Ave

      SERVICE STATION (FULL SERVICE) • 2,940 SF
      1499 Acushnet Ave, New Bedford, MA 02746-2225
      View Details
    • Value Estimation by Request
      256 SF

      1793-1795 Acushnet Ave

      SERVICE STATION (FULL SERVICE) • 256 SF
      1793-1795 Acushnet Ave, New Bedford, MA 02746
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Prime Commercial Building in New Bedford

      Spacious commercial building with potential for various business uses.
      1509-1519 Acushnet Ave, New Bedford, MA 02746
      View Details
    • $3,995,000
      63,272 SF

      Mixed-Use Office/Retail/Cold Storage Building

      Fully leased mixed-use property with office, retail, and cold storage.
      115 Church St, New Bedford, MA 02746
      View Details
    • Contact for pricing
      63,272 SF

      Leased Mixed-Use Investment Opportunity

      100% leased mixed-use property with office, retail, and cold storage.
      376 Nash Rd, New Bedford, MA 02746
      View Details
    • Contact for pricing
      1,942 SF

      Versatile Commercial Property in New Bedford

      Mixed-use property with warehouse space, showroom, and ample parking.
      101 Nash Rd, New Bedford, MA 02746
      View Details
    • Contact for pricing

      Prime Commercial Building, New Bedford

      Spacious commercial building with potential for various business uses.
      1509-1519 Acushnet Ave, New Bedford, MA 02746
      View Details
    • $344,900

      Versatile Commercial Property, New Bedford

      Commercial property in New Bedford's North End with warehouse space.
      101 Nash Rd, New Bedford, MA 02746
      View Details

    Similar Nearby for Lease

    • $1,500 /Mo
      1,800 SF

      Retail Space in Friendly Plaza

      Retail unit with storefront and multiple entrances available for lease.
      2301 Purchase St, New Bedford, MA 02746
      View Details
    • $14 SF/Yr
      5,962 SF

      Iconic Building Retail Space Available

      Retail space in a modernized, iconic building with original features.
      229 Coffin Ave, New Bedford, MA 02746
      View Details
    • Contact for pricing

      Retail Space Near Route 140

      Retail spaces with high traffic and convenient location.
      446-462 Mount Pleasant St, New Bedford, MA 02746
      View Details
    • Contact for pricing
      2,076 SF

      Retail Building with Drive-Thru

      Free-standing retail building with drive-thru in busy commercial district.
      131 Nauset St, New Bedford, MA 02746
      View Details
    • Contact for pricing
      5,143 SF

      Retail Space at Riverside Landing

      Retail space available in a busy shopping center.
      119 Coggeshall St, New Bedford, MA 02746
      View Details
    • Contact for pricing
      800 SF

      Retail/Office Space on Acushnet Avenue

      Move-in ready retail or office space on high-traffic street.
      1549-1551 Acushnet Ave, New Bedford, MA 02746
      View Details

    Property Visit Statistics

    • Visits by month
      29.4k
    • Visitors by month
      12.4k
    • Avg Time on site
      11 min
    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.
    171 Coggeshall St
    New Bedford, MA 02746-2445
    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
    171 Coggeshall St, New Bedford, MA, 02746
    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!