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    Property profile & analytics

    2 New Pasture Rd Ste, Unit 3 Newburyport, MA 01950-4054

    • Industrial properties
    • 2,813 SF
    OFF-MARKET
    Value Estimation
    $320,000
    Location Intelligence
    Property ID
    US38-1126610
    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.

    Current Use by Public Records

    • Industrial properties

    Property Details for 2 New Pasture Rd Ste

    Year built
    1988
    Construction
    STEEL FRAME
    Property size
    2,813 SF
    Property type
    Industrial properties
    APN
    NEWP M:0082 B:0005C L:0000
    APU
    NEWPM0082B0005CL0000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $345,000

    • CAP approach

      CAP return
      Estimation
      6%
      $295,000
      6.5%
      $260,000
      7%
      $280,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $290,000
      Geo Method
      $315,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $245,000
      Retail
      $280,000
      Mixed-Use
      $290,000
      Hospitality
      $280,000
      Educational
      $265,000
      Residential Income
      $230,000
      Energy
      $305,000
      Income-Based Land
      $235,000
      Food Service
      $265,000

    Location Insight

    • Map
    • Local Demand
    City
    Newburyport
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.8853
    Latitude
    42.8052
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH 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
    $3,133
    $0.00
    $314,200
    $314,200
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      64,969 SF

      16 Malcolm Hoyt Dr

      INDUSTRIAL (GENERAL) • 64,969 SF
      16 Malcolm Hoyt Dr, Newburyport, MA 01950-4018
      View Details
    • Value Estimation
      $780,000
      4,000 SF

      6 Perkins Way E E Ste

      CONDOMINIUMS (INDUSTRIAL) • 4,000 SF
      6 Perkins Way E E Ste, Newburyport, MA 01950-4232
      View Details
    • Value Estimation
      $455,000
      3,164 SF

      57 Perry Way, Unit 1

      CONDOMINIUMS (INDUSTRIAL) • 3,164 SF
      57 Perry Way, Newburyport, MA 01950-4002
      View Details
    • Value Estimation
      $290,000
      1,426 SF

      18 Graf Rd, Unit 13

      CONDOMINIUMS (INDUSTRIAL) • 1,426 SF
      18 Graf Rd, Newburyport, MA 01950-4031
      View Details
    • Value Estimation
      $445,000
      2,000 SF

      3 Graf Rd

      CONDOMINIUMS (INDUSTRIAL) • 2,000 SF
      3 Graf Rd, Newburyport, MA 01950-4604
      View Details
    • Value Estimation by Request
      19,450 SF

      15 Graf Rd

      CONDOMINIUMS (INDUSTRIAL) • 19,450 SF
      15 Graf Rd, Newburyport, MA 01950-4014
      View Details

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    Similar Nearby for Lease

    • $14 SF/Yr
      2,950 SF

      Newburyport Warehouse and Office Flex

      Warehouse and office flex space near Seaport Business Park.
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      View Details
    • $18 SF/Yr

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      3,042 SF industrial flex unit for lease in Newburyport.
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      View Details
    • $14 SF/Yr

      Warehouse and Office Flex Space

      Warehouse and office flex space for lease near Seaport.
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      View Details
    • $16 SF/Yr
      2,650 SF

      Newburyport Flex Space For Lease

      2,650sf flex space with warehouse and remodeled office.
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      View Details
    • $18 SF/Yr
      3,042 SF

      Industrial Flex Unit in Newburyport

      3,042 SF industrial flex unit available for lease.
      65 Parker St, Newburyport, MA 01950
      View Details
    • Contact for pricing
      20,000 SF

      Industrial Space in Newburyport Facility

      Industrial space for lease in existing 73,200 SF facility.
      25 Hale St, Newburyport, MA 01950
      View Details
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    Newburyport, MA 01950-4054
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    Realmo Value Estimation

    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.

    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.

    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
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