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Financial
Distress signals
Property profile

24 Washburn St New Bedford, MA 02740

OFF-MARKET
Manufacturing properties
Property ID
US38-0546519
3,570 SF 0.06 ac lot Built 1986
Last sale Feb 2008 · $1
Individually Owned Owner of record is an individual. 18-yr Hold Held for 18 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Commercial property zoned for industrial use and located outside of an industrial park, with immediate access to I-195 and proximity to a train station. The facility includes three loading docks and one ramped loading area, a cooler room measuring 24 x 40, three-phase electrical service, and a private office space on the main floor. The property sits on a lot of 0.06 acres.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$7k
Tax billed · 2024
Assessed value$282k
Assessed land$25k
Assessed improvement$257k
Effective rate2.50%

Value estimate

· Oct 2026
$385k
$347k – $424k
AI approach$385k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$113/SF
County average, outlier-cleaned · 122 recorded sales of this use type
Observed band · Q1–Q3$41 – $172

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
IA
The intent of this zone is to promote Industrial A uses.
General categoryINDUSTRIAL
JurisdictionNEW BEDFORD

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency35.7
Law Firm27.0
Dental Office20.8

Location

24 Washburn St New Bedford, MA 02740-7339
County assessor Recorded deeds · 8 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
350 Frnt, New Bedford, MA 02740-5745 $2,325,000 Mar 2024 6,396 SF
18 Wright, New Bedford, MA 02740-7249 $5,750,000 Feb 2024 8,400 SF
329 2nd, New Bedford, MA 02740 $290,000 Feb 2023 9,440 SF
38 Hassey, New Bedford, MA 02740-7209 $1,400,000 Oct 2022 8,166 SF
13 Edward, New Bedford, MA 02740-1229 $250,000 Jul 2021 8,470 SF
424 2nd, New Bedford, MA 02740-5749 $775,000 Nov 2018 3,695 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby

Comparable nearby

  • Value Estimation
    $485,000
    3,695 SF
    424 2nd St
    MANUFACTURING (LIGHT)
    424 2nd St, New Bedford, MA 02740-5749
    View Details
  • Value Estimation
    $2,325,000
    6,396 SF
    350 Frnt St
    MANUFACTURING (LIGHT)
    350 Frnt St, New Bedford, MA 02740-5745
    View Details
  • Value Estimation
    $320,000
    6,472 SF
    122-124 Frnt St
    MANUFACTURING (LIGHT)
    122-124 Frnt St, New Bedford, MA 02740
    View Details
  • Value Estimation
    $5,750,000
    8,400 SF
    18 Wright St
    MANUFACTURING (LIGHT)
    18 Wright St, New Bedford, MA 02740-7249
    View Details
  • Value Estimation
    $355,000
    8,470 SF
    13 Edward St
    MANUFACTURING (LIGHT)
    13 Edward St, New Bedford, MA 02740-1229
    View Details
  • Value Estimation
    $420,000
    10,000 SF
    13 Logan St
    MANUFACTURING (LIGHT)
    13 Logan St, New Bedford, MA 02740-7326
    View Details

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