Property profile

329 2nd St New Bedford, MA 02740

OFF-MARKET
Manufacturing properties
Property ID
US38-0490682
9,440 SF 0.28 ac lot Built 1904
Individually Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1904
Construction FRAME
Total area 9,440 SF
Lot 0.28 ac (12,049 SF)
Zoning code MUB
APN NEWB M:0037 L:0186
UPID US38-0490682

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • HVAC Service General Contractor

Location

329 2nd St New Bedford, MA 02740
New Bedford metro Census 651900 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$410k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$320k

Owner & transaction history

since 2023
Last sale
$290,000
7 recorded transactions
2023
$290,000
2021
$280,000
2013
$200,000
2013
$1
2008
$1
2007
$115,000
1999
Price N/A

Zoning & alternative use

MUB · New Bedford, MA
Zoning description

The intent of this zone is to promote Mixed Use Business uses.

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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