Property profile

1877-1881 Purchase St New Bedford, MA 02740

OFF-MARKET
Retail space
Property ID
US38-1804118
2,376 SF 0.09 ac lot Built 1950
Individually Owned 4-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1950
Construction FRAME
Total area 2,376 SF
Lot 0.09 ac (3,842 SF)
Zoning code MUB
APN NEWB M:0078 L:0053
UPID US38-1804118

Cap rate & NOI

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

Location

1877-1881 Purchase St New Bedford, MA 02740
New Bedford metro Census 651100 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2022
Last sale
$65,000
7 recorded transactions
2022
$65,000
1994
$67,500
1993
$25,000
1993
$65,000
1992
$25,000
1989
Price N/A
1988
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
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