Property profile

38 Blackmer St New Bedford, MA 02744

OFF-MARKET
Manufacturing properties
Property ID
US38-1485196
10,440 SF 0.79 ac lot Built 2004
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 2004
Construction STEEL FRAME
Total area 10,440 SF
Lot 0.79 ac (34,469 SF)
Zoning code IB
APN NEWB M:0025-A L:0046
UPID US38-1485196

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
  • Specialty Food Shop Fish Market

Location

38 Blackmer St New Bedford, MA 02744-2614
New Bedford metro Census 651900 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$485k
CAP Approach CAP
by Request
Comparable Approach Comparable
$735k
Blend (final) Blend
$485k

Owner & transaction history

since 2017
4 recorded transactions
2025
Price N/A
2024
Price N/A
2017
$1.5M
2004
$164,000

Zoning & alternative use

IB · New Bedford, MA
Zoning description

The intent of this zone is to promote Industrial B uses.

General category INDUSTRIAL

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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