Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    27 Hope St New Bedford, MA 02746-2321

    • Sports & entertainment properties
    • 1,618 SF
    • 0.13 lot acres
    OFF-MARKET
    Value Estimation
    $355,000
    Location Intelligence
    Property ID
    US38-0934919
    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

    • Museum of Madeiran Heritage / Heritage Museum

    Property Details for 27 Hope St

    Year built
    1925
    Construction
    FRAME
    Lot size
    0.13 lot acres
    Property size
    1,618 SF
    Zone code
    RC
    Property type
    Sports & entertainment properties
    APN
    NEWB M:0105 L:0082
    APU
    NEWBM0105L0082

    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%
      $400,000
      6.5%
      $440,000
      7%
      $455,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $415,000
      Geo Method
      $375,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $400,000
      Retail
      $430,000
      Mixed-Use
      $440,000
      Hospitality
      $385,000
      Educational
      $345,000
      Residential Income
      $440,000
      Energy
      $350,000
      Income-Based Land
      $385,000
      Food Service
      $350,000

    Location Insight

    • Map
    • Local Demand
    City
    New Bedford
    County
    Bristol
    State
    Massachusetts
    Longitude
    -70.9229
    Latitude
    41.6663
    CBSA code
    39300
    CBSA name
    PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA 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
    $5,641
    $90,500
    $135,500
    $226,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $770,000
      12,528 SF

      88 Tinkham St

      RECREATIONAL, ENTERTAINMENT • 12,528 SF
      88 Tinkham St, New Bedford, MA 02746-2328
      View Details
    • Value Estimation by Request
      35,233 SF

      66 Hathaway Rd

      BOWLING ALLEY • 35,233 SF
      66 Hathaway Rd, New Bedford, MA 02746-1306
      View Details
    • Value Estimation by Request
      20,000 SF

      424 Nash Rd

      SKATING RINK, ICE SKATING, ROLLER SKATING • 20,000 SF
      424 Nash Rd, New Bedford, MA 02746-1530
      View Details
    • Value Estimation by Request
      9.98 Acres

      133 Hathaway Rd, Unit 151

      COMMERCIAL (GENERAL) • 9.98 Acres
      133 Hathaway Rd, New Bedford, MA 02746-1304
      View Details
    • Value Estimation by Request
      10,350 SF

      1737 Acushnet Ave

      RETAIL STORES (PERSONAL SERVICES) • 10,350 SF
      1737 Acushnet Ave, New Bedford, MA 02746-2128
      View Details
    • Value Estimation by Request
      2,048 SF

      75 Church St

      AUTO REPAIR, GARAGE • 2,048 SF
      75 Church St, New Bedford, MA 02746-1844
      View Details

    Similar Nearby for Sale

    • $1,800,000
      1.19 Acres

      Versatile Industrial/Warehouse Property, New Bedford

      Adaptable 20,000 SF industrial/warehouse property with flexible investment potential.
      424 Nash Rd, New Bedford, MA 02746
      View Details
    • $900,000

      Retail Building with Grocery Store

      Well-maintained retail building suitable for a grocery store or laundromat.
      482-488 Belleville Ave, New Bedford, MA 02746
      View Details
    • $639,900

      Updated Three-Family Home

      Well-maintained three-unit property with modern upgrades and convenient location.
      100 Peckham St, New Bedford, MA 02746
      View Details
    • $325,000

      Restaurant Ready Commercial Building

      Versatile 2,400 sq. ft. commercial building in New Bedford.
      1114 Acushnet Ave, New Bedford, MA 02746
      View Details
    • $799,000

      Remodeled Mixed-Use Building with Elevator

      Remodeled mixed-use building with apartments, offices, and development potential.
      512 North Front St, New Bedford, MA 02746
      View Details
    • $1,449,995

      Turnkey Multifamily Investment Opportunity

      10-unit multifamily property with strong cash flow and upside.
      153 Belleville Ave, New Bedford, MA 02746
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space Near Route 140

      Retail spaces with high traffic and convenient location.
      446-462 Mount Pleasant St, New Bedford, MA 02746
      View Details
    • Contact for pricing
      2,076 SF

      Retail Building with Drive-Thru

      Free-standing retail building with drive-thru in busy commercial district.
      131 Nauset St, New Bedford, MA 02746
      View Details
    • Contact for pricing
      5,143 SF

      Retail Space at Riverside Landing

      Retail space available in a busy shopping center.
      119 Coggeshall St, New Bedford, MA 02746
      View Details
    • $2,200 /Mo
      3,872 SF

      Classic Office Space Available

      Two-story office space with basement, updated features, and flexible layout.
      305 Nash Rd, New Bedford, MA 02746
      View Details
    • Contact for pricing
      2,400 SF

      Central Plaza Retail Space, New Bedford

      Prime New Bedford retail space available.
      446 Mount Pleasant St, New Bedford, MA 02746
      View Details
    • $14 SF/Yr

      Iconic Sunbeam Bread Bakery Building

      90,000 SF retail, office, or warehouse spaces for lease.
      229-241 Coffin Ave, New Bedford, MA 02746
      View Details

    Property Visit Statistics

    • Visits by month
      916
    • Visitors by month
      637
    • Avg Time on site
      35 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    27 Hope St
    New Bedford, MA 02746-2321
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.