Financial
Distress signals
Property profile

38 Bethel St New Bedford, MA 02740

OFF-MARKET
Retail space
Property ID
US38-0251416
11,362 SF 0.16 ac lot Built 1880
Last sale Jan 2024 · $1,975,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This approximately 2,100-square-foot office property is located at 38 Bethel St in New Bedford, Massachusetts, within the Whaling National Historical Park and near the waterfront. The building was constructed in 1880 and features professionally finished interiors that blend contemporary finishes with historic character. The interior layout accommodates both open-plan work areas and enclosed rooms, and it is characterized by strong natural light. The property includes on-site parking. Zoning is identified as IA.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$23k
Tax billed · 2024
Assessed value$903k
Assessed land$224k
Assessed improvement$679k
Effective rate2.50%

Value estimate

· Sep 2026
$1.98M
$1.78M – $2.17M
AI approach$1.98M
CAP approach$2.37M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$150/SF
ZIP average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$79 – $230

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
IA
The intent of this zone is to promote Industrial A uses.
General categoryINDUSTRIAL
JurisdictionNEW BEDFORD

Location intelligence

Which uses thrive at this corner?
Best fit: Spa & Massage
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Spa & Massage16.1
Nail Salon13.9
Computer & Electronic Repair13.5

Location

38 Bethel St New Bedford, MA 02740-6280
County assessor Recorded deeds · 8 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
772 Purchase, New Bedford, MA 02740-6344 $500,000 Mar 2025 9,450 SF
455 Un, New Bedford, MA 02740-3564 $450,000 Aug 2024 5,565 SF
206 County, New Bedford, MA 02740 $820,000 Jul 2024 6,912 SF
824 Purchase, New Bedford, MA 02740-6232 $930,000 May 2024 11,700 SF
446 Dartmouth, New Bedford, MA 02740-1161 $6,386,860 Jun 2023 17,200 SF
89 Water, New Bedford, MA 02740-6262 $1,700,000 Jun 2023 19,140 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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?”
You own 38 Bethel St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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