Property profile

1854 Purchase St New Bedford, MA 02740

OFF-MARKET
Other automotive properties
Property ID
US38-0808292
6,000 SF 0.26 ac lot Built 1987
Individually Owned 5-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

The property is a commercial site in New Bedford, Massachusetts, configured to support automotive repair uses under its MUB (Mixed-Use Business) zoning. It contains approximately 3,000 square feet of indoor space, along with office space and an overhead door suitable for service access. The site sits on a lot measuring 0.2616 acres and provides parking for up to four vehicles. It is positioned to offer convenient highway access.

Property profile

Verified
Property type Other automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1987
Construction STEEL FRAME
Total area 6,000 SF
Lot 0.26 ac (11,395 SF)
Zoning code MUB
APN NEWB M:0078 L:0097
UPID US38-0808292

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Auto Repair Shop
  • Auto Repair Shop
  • Atm

Location

1854 Purchase St New Bedford, MA 02740-6879
New Bedford metro Census 651100 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$545k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$470k

Owner & transaction history

since 2021
Last sale
$350,000
2 recorded transactions
2021
$350,000
2013
Price N/A

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 1854 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