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Property profile & analytics
OFF-MARKET
Estimated value
$3,860,000
Showrooms
215 Bedford St, Whitman, MA 02382-1863
Entity Owned
1-yr Hold
Free & Clear
Property ID
US38-0232296
Property summary
AI-generated overview
This exceptional industrial warehouse, located at 215 Bedford Street in Whitman, Massachusetts, offers 23,255 square feet of single-tenant space on a generous 14.34-acre lot. The property boasts excellent visibility and accessibility due to its prime Route 18 frontage. The warehouse features thirteen loading docks, ensuring efficient loading and unloading operations. Power is provided by an 800 AMP, 120/208V, 3-phase electrical system, capable of supporting a wide range of industrial activities. The entire 23,255 square feet is currently vacant and available for immediate occupancy. Situated in Plymouth County, this property presents a unique opportunity for businesses seeking a substantial warehouse space in a strategic location. The expansive lot size offers ample room for expansion, storage, or future development. The address is 215 Bedford Street, Whitman, MA 02382. This property is ideal for businesses requiring significant space and convenient access to major transportation routes. The combination of size, location, and features makes this warehouse a highly desirable asset for any industrial operation. Contact us today to learn more about this exceptional leasing opportunity.
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1997
Construction
STEEL FRAME
Total area
23,255 SF
Lot
14.34 ac (624,650 SF)
Zoning code
HB
APN
WHIT M:025B B:0003 L:37
UPID
US38-0232296
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
Current use
Occupant on record · Public records
-
Reds Truck Equipment and Repair Auto Parts Store
-
TORWEL LIMITED LLC Auto Parts Store
-
NEI MECANICO Auto Repair Shop
-
VE Truck Service Auto Repair Shop
-
T M C Maintenance Corporation Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.46M
Comparable Approach
Comparable
$3.38M
Blend (final)
Blend
$3.86M
Owner & transaction history
215 Bedford Partners LLC · 1 yrs held
215 Bedford Partners LLC
since 2024
Last sale
$4.3M
7 recorded transactions
Zoning & alternative use
HB · Whitman, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$6.1M
+44.8%
Industrial (general)
$5.3M
+24.7%
Retail stores
$4.8M
+13.9%
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 Whitman submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Whitman 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,745,000
6.5%
$3,455,000
7%
$3,210,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$4,235,000
Current use
RESTAURANT
$6,130,000
Change: +45% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$5,280,000
Change: +25% · Conversion: Moderate
RETAIL STORES
$4,825,000
Change: +14% · Conversion: Easy
AUTO REPAIR, GARAGE
$4,810,000
Change: +14% · Conversion: Difficult
OFFICE BUILDING
$4,700,000
Change: +11% · Conversion: Easy
Blend value · Realmo final
$3.86M
Range $3.47M – $4.25M · ±10% · vs last sale $4.30M (Sep 12 2024)
Last sale anchor
$4.30M
Sep 12 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$166 / SF
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
$29,105
Tax year 2024
Assessed value
$2,284,500
Assessed 2024
Previous assessed
$2,242,900
+1.9% YoY
Effective rate
1.27%
On assessed value
Assessed land
$1,234,800
Assessed improvement
$1,049,700
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
1997
Construction
STEEL FRAME
Heating
FORCED AIR
Buildings
1
Stories
2
Bathrooms
7
Total area
23,255 SF
Lot
14.34 ac (624,650 SF)
Zoning code
HB
APN
WHIT M:025B B:0003 L:37
UPID
US38-0232296
Jurisdiction
WHITMAN
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
HB · Whitman, MA
Zoning HB · permitted uses
HB · Whitman, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Whitman. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$4.2M
RESTAURANT
Est. value
$6.1M
INDUSTRIAL (GENERAL)
Est. value
$5.3M
RETAIL STORES
Est. value
$4.8M
AUTO REPAIR, GARAGE
Est. value
$4.8M
OFFICE BUILDING
Est. value
$4.7M
COMMERCIAL (GENERAL) Current
RESTAURANT
INDUSTRIAL (GENERAL)
RETAIL STORES
AUTO REPAIR, GARAGE
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1997
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
2
Buildings
1
Bathrooms
7
Lot
14.34 ac
Current owner
From public records · entity-resolved
215 Bedford Partners LLC
Entity
Free & Clear · 1 yrs held
Mailing address
PO BOX 508, EAST BRIDGEWATER, MA 02333-0508
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 28, 2025
—
215 Bedford Partners LLC
—
Deed
related
$1 · Truist Bank
Dec 12, 2024
$4,300,000
215 Bedford Partners LLC
Johnny B LLC
Deed
—
Dec 12, 2024
—
215 Bedford Partners LLC
Johnny B LLC
Quitclaim Deed
related
—
Jul 11, 2017
$1,200,000
Johnny B LLC
500 Granite T
Quit Claim Arm's Length For Ne States
$1,000,000 · East Boston Savings Bank
Dec 29, 2011
$980,000
Granite T 500
Due North Holdings LLC
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
Dec 21, 2007
—
Due North Holdings LLC
—
Deed Of Trust
related
$1,300,000 · Maine Savings Bank
Oct 3, 2007
—
Due North Holdings LLC
—
Deed Of Trust
related
$1,917,500 · Maine Savings Bank
Sep 10, 2007
$3,440,000
Due North Holdings LLC
Autolines RT
Grant Deed
$3,011,500 · Gardiner Savings Institution
Sep 13, 2001
$75,000
Autolines RT
Smith,glenn P
Grant Deed
$1,900,000 · South Shore Bank
May 8, 2000
—
Autolines RT
—
Deed Of Trust
related
$100,000 · South Shore Bank
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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