New search
Property profile & analytics
FOR SALE
Auto shops
347 Dartmouth St, New Bedford, MA 02740
Entity Owned
Absentee Owner
Free & Clear
Property ID
US38-1277240
For Sale
1 / 7
$700,000
347 Dartmouth St, New Bedford, MA 02740
View Listing →
Property summary
AI-generated overview
This versatile 5,590 square foot commercial property, located at 347 Dartmouth Street in New Bedford, Massachusetts, presents a unique investment opportunity. Situated on an 8,529 square foot lot, this two-story building boasts a mixed-use (MUB) zoning designation, offering flexibility for a variety of commercial applications. Currently configured for automotive use, the property features six dock-high doors, eight service bays, and eight hydraulic lifts, making it ideal for industrial or automotive businesses. The building also includes dedicated office space and ample storage, complemented by two bathrooms. With sixteen parking spaces available, the property ensures convenient access for employees and clients. Built in 1955, this well-maintained structure benefits from its high-traffic location, providing excellent visibility and accessibility. The sale includes the real estate and fixtures
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1955
Construction
FRAME
Total area
5,590 SF
Lot
0.2 ac (8,529 SF)
Zoning code
MUB
APN
NEWB M:0022 L:0016
UPID
US38-1277240
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
-
Safe-Guard Transmissions Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$702k
Blend (final)
Blend
$690k
Owner & transaction history
Rmd Realty LLC
Rmd Realty LLC
since 2026
1 recorded transaction
Zoning & alternative use
MUB · New Bedford, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$905,000
Current use
APARTMENT HOUSE (5+ UNITS)
$895,000
Change: -1% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$855,000
Change: -6% · Conversion: Difficult
RESTAURANT
$850,000
Change: -6% · Conversion: Difficult
RETAIL STORES
$835,000
Change: -8% · Conversion: Difficult
WAREHOUSE, STORAGE
$740,000
Change: -18% · Conversion: Easy
OFFICE BUILDING
$735,000
Change: -19% · Conversion: Difficult
COMMERCIAL (GENERAL)
$725,000
Change: -20% · Conversion: Moderate
Blend value · Realmo final
$690k
Range $621k – $759k · ±10%
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
$123 / 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
$12,924
Tax year 2024
Assessed value
$517,800
Assessed 2024
Previous assessed
$517,800
+0.0% YoY
Effective rate
2.50%
On assessed value
Assessed land
$121,100
Assessed improvement
$396,700
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
For Sale
Year built
1955
Construction
FRAME
Heating
SPACE
Buildings
1
Stories
1
Units
1
Bathrooms
2
Total area
5,590 SF
Lot
0.2 ac (8,529 SF)
Zoning code
MUB
APN
NEWB M:0022 L:0016
UPID
US38-1277240
Jurisdiction
NEW BEDFORD
Zoning & alternative use
MUB · New Bedford, MA
Zoning 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
New Bedford. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$905,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$895,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$855,000
RESTAURANT
Est. value
$850,000
RETAIL STORES
Est. value
$835,000
WAREHOUSE, STORAGE
Est. value
$740,000
OFFICE BUILDING
Est. value
$735,000
COMMERCIAL (GENERAL)
Est. value
$725,000
AUTO REPAIR, GARAGE Current
APARTMENT HOUSE (5+ UNITS)
NEIGHBORHOOD: SHOPPING CENTER
RESTAURANT
RETAIL STORES
WAREHOUSE, STORAGE
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
1955
Construction
FRAME
Heating
SPACE
Stories
1
Buildings
1
Units
1
Bathrooms
2
Lot
0.2 ac
Current owner
From public records · entity-resolved
Rmd Realty LLC
Entity
Free & Clear · 0 yrs held
Mailing address
6 COUNTRYSIDE DR, NORTH DARTMOUTH, MA 02747-1548
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
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
Jan 20, 2026
$600,000
Rmd Realty LLC
Richard Correia
Deed
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
