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Property profile & analytics
OFF-MARKET
Showrooms
2071 Purchase St New Bedford, MA 02746
Entity Owned
4-yr Hold
Free & Clear
Property ID
US38-0628899
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1900
Construction
CONCRETE
Total area
7,099 SF
Lot
0.38 ac (16,409 SF)
Zoning code
MUB
APN
NEWB M:0084 L:0362
UPID
US38-0628899
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Miguel S Properties LLC · 4 yrs held
Miguel S Properties LLC
since 2021
Last sale
$99,999
1 recorded transaction
Zoning & alternative use
MUB · New Bedford, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of this zone is to promote Mixed Use Business uses.
Zone name
Mixed Use Business
General category
MIXED_USE
Zone area
1,380.62 ac
Source
Realmo
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs New Bedford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Bedford submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$8,177
Tax year 2024
Assessed value
$327,600
Assessed 2024
Previous assessed
$327,600
+0.0% YoY
Effective rate
2.50%
On assessed value
Assessed land
$181,800
Assessed improvement
$145,800
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1900
Construction
CONCRETE
Heating
STEAM
Buildings
1
Stories
2
Units
1
Bathrooms
1
Total area
7,099 SF
Lot
0.38 ac (16,409 SF)
Zoning code
MUB
APN
NEWB M:0084 L:0362
UPID
US38-0628899
Jurisdiction
NEW BEDFORD
Zoning & alternative use
MUB · New Bedford, MAZoning MUB · permitted uses
MUB · New Bedford, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent of this zone is to promote Mixed Use Business uses.
Zone name
Mixed Use Business
General category
MIXED_USE
Zone area
1,380.62 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1900
Construction
CONCRETE
Heating
STEAM
Stories
2
Buildings
1
Units
1
Bathrooms
1
Lot
0.38 ac
Current owner
From public records · entity-resolved
Miguel S Properties LLC
Entity
Free & Clear · 4 yrs held
Mailing address
3 NN ST, FAIRHAVEN, MA 02719-3307
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 15, 2021
$99,999
Miguel S Properties LLC
2071 Purchase St Co INC
Quit Claim Arm's Length For Ne States
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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