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Property profile & analytics
OFF-MARKET
Estimated value
$2,850,000
Showrooms
376 Nash Rd, New Bedford, MA 02746-1827
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US38-1698820
Property summary
AI-generated overview
This exceptional 3,075 square foot traditional office space is available for lease at 376 Nash Road, New Bedford, Massachusetts. Located in the heart of New Bedford's business district, this single-tenant office offers a prime location within a well-established commercial complex. The property is situated in Bristol County, zip code 02746, and boasts convenient access to major transportation routes. The monthly rent is $2,300, plus utilities. This is an excellent opportunity for a business seeking a spacious and well-situated office in a thriving commercial area. The property is classified as a traditional office space and is ideal for a single tenant seeking a self-contained workspace. The address is 376 Nash Road, second floor, New Bedford, MA. The property's location offers easy access to local amenities and services, making it a highly desirable location for businesses of all sizes. This is a fantastic opportunity to establish or expand your business in a vibrant and convenient location. The space is ready for immediate occupancy. Contact us today to schedule a viewing.
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1919
Construction
WOOD FRAME
Total area
63,272 SF
Lot
1.65 ac (72,053 SF)
Zoning code
IB
APN
NEWB M:0102 L:0085-30113
UPID
US38-1698820
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
-
Costa's Tang Soo Do Sports School
-
Gandara Center Crisis Center Medical Clinic
-
FamousFoods.Com Big Box & Wholesale Store Food Market
-
Anchor Medical Group and Wellness Center Medical Clinic
-
Luzo Food Services Take-out & Catering Catering Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.63M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.56M
Blend (final)
Blend
$2.85M
Owner & transaction history
Ng 376 Nash LLC · 4 yrs held
Ng 376 Nash LLC
since 2021
Last sale
$2.5M
4 recorded transactions
Zoning & alternative use
IB · 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
$3,630,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.85M
Range $2.57M – $3.14M · ±10% · vs last sale $2.50M (Jul 30 2021)
Last sale anchor
$2.50M
Jul 30 2021
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
$45 / 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
$49,124
Tax year 2024
Assessed value
$1,968,100
Assessed 2024
Previous assessed
$1,968,100
+0.0% YoY
Effective rate
2.50%
On assessed value
Assessed land
$443,900
Assessed improvement
$1,524,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1919
Construction
WOOD FRAME
Heating
HOT WATER
Buildings
1
Stories
2
Bathrooms
6
Total area
63,272 SF
Lot
1.65 ac (72,053 SF)
Zoning code
IB
APN
NEWB M:0102 L:0085-30113
UPID
US38-1698820
Jurisdiction
NEW BEDFORD
Zoning & alternative use
IB · New Bedford, MA
Zoning IB · permitted uses
IB · 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.
Building & site characteristics
From public records
Year built
1919
Construction
WOOD FRAME
Heating
HOT WATER
Stories
2
Buildings
1
Bathrooms
6
Lot
1.65 ac
Current owner
From public records · entity-resolved
Ng 376 Nash LLC
Entity
Mailing address
177 HUNTINGTON AVE STE #1703, BOSTON, MA 02115-3153
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 30, 2021
$2,500,000
Ng 376 Nash LLC
Ribeiro Real Estate LLC
Quit Claim Arm's Length For Ne States
$1,500,000 · Baycoast Bank
Sep 28, 2012
—
Ribeiro Real Estate LLC
—
Deed Of Trust
related
$300,000 · Baycoast Bank
May 17, 1990
—
Carlos Ribeiro
—
Deed Of Trust
related
$450,000 · Fleet National Bank
Feb 9, 1989
—
Carlos Ribeiro
—
Deed Of Trust
related
$300,000 · Baybank Southeast
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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