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Property profile & analytics
OFF-MARKET
Estimated value
$580,000
Investment properties
350 Un St New Bedford, MA 02740-3664
Entity Owned
3-yr Hold
Free & Clear
Property ID
US38-0985153
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1852
Construction
FRAME
Total area
4,361 SF
Lot
0.17 ac (7,214 SF)
Zoning code
RA
APN
NEWB M:0046 L:0001
UPID
US38-0985153
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$610k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$604k
Blend (final)
Blend
$580k
Owner & transaction history
Smc LLC · 3 yrs held
Smc LLC
since 2023
Last sale
$550,000
5 recorded transactions
Zoning & alternative use
RA · New Bedford, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$705,000
+24.5%
Neighborhood: shopping center
$665,000
+17.6%
Retail stores
$650,000
+15.1%
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
$640,000
ML approach
$610,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$565,000
Current use
AUTO REPAIR, GARAGE
$705,000
Change: +25% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$665,000
Change: +18% · Conversion: Difficult
RETAIL STORES
$650,000
Change: +15% · Conversion: Easy
WAREHOUSE, STORAGE
$575,000
Change: +2% · Conversion: Difficult
OFFICE BUILDING
$570,000
Change: +1% · Conversion: Easy
Blend value · Realmo final
$580k
Range $522k – $638k · ±10% · vs last sale $550k (Jun 15 2023)
Last sale anchor
$550k
Jun 15 2023
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
$133 / 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
Assessed value
$481,200
Assessed 2024
Previous assessed
$481,200
+0.0% YoY
Assessed land
$129,300
Assessed improvement
$351,900
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1852
Construction
FRAME
Heating
RADIANT
Buildings
1
Stories
2
Units
1
Rooms
4
Bathrooms
3
Total area
4,361 SF
Lot
0.17 ac (7,214 SF)
Zoning code
RA
APN
NEWB M:0046 L:0001
UPID
US38-0985153
Jurisdiction
NEW BEDFORD
Zoning & alternative use
RA · New Bedford, MA
Zoning RA · permitted uses
RA · 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
COMMERCIAL (GENERAL) Current
Est. value
$565,000
AUTO REPAIR, GARAGE
Est. value
$705,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$665,000
RETAIL STORES
Est. value
$650,000
WAREHOUSE, STORAGE
Est. value
$575,000
OFFICE BUILDING
Est. value
$570,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
WAREHOUSE, STORAGE
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
1852
Construction
FRAME
Heating
RADIANT
Stories
2
Buildings
1
Units
1
Rooms
4
Bathrooms
3
Lot
0.17 ac
Current owner
From public records · entity-resolved
Smc LLC
Entity
Free & Clear · 3 yrs held
Mailing address
350 UN ST, NEW BEDFORD, MA 02740-3664
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 15, 2023
$550,000
Smc LLC
Dale M Morgan
Quit Claim Arm's Length For Ne States
—
Mar 2, 1994
—
Dale M Morgan
—
Deed Of Trust
related
$60,000 · First Federal Savings Bank
Jul 31, 1991
$170,000
Dale M Morgan
Johns,peter T
Grant Deed
—
Jul 6, 1990
—
Peter T Johns
—
Deed Of Trust
related
$65,000 · Citizens Cu
Jul 6, 1987
—
Peter T Johns
—
Deed Of Trust
related
$50,000 · Merrill Lynch Mortgage Corp
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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