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Property profile & analytics
OFF-MARKET
Estimated value
$3,285,000
Automotive properties
395 Mt Pleasant St, New Bedford, MA 02746-1524
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US38-1315220
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1965
Construction
STEEL FRAME
Total area
24,768 SF
Lot
2.81 ac (122,578 SF)
Zoning code
MUB
APN
NEWB M:0096 L:0006
UPID
US38-1315220
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
-
Empire Ford of New Bedford Parts Auto Parts Store
-
Empire Ford of New Bedford Car Dealership
-
Empire Ford of New Bedford Service Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.59M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.20M
Blend (final)
Blend
$3.29M
Owner & transaction history
Battleship Cv Rlty Hldg · 3 yrs held
Battleship Cv Rlty Hldg
since 2022
Last sale
$2.3M
7 recorded transactions
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
$3,560,000
ML approach
$3,590,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$4,005,000
Current use
APARTMENT HOUSE (5+ UNITS)
$3,965,000
Change: -1% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,785,000
Change: -6% · Conversion: Difficult
RESTAURANT
$3,770,000
Change: -6% · Conversion: Difficult
RETAIL STORES
$3,740,000
Change: -7% · Conversion: Difficult
WAREHOUSE, STORAGE
$3,275,000
Change: -18% · Conversion: Easy
OFFICE BUILDING
$3,250,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$3.29M
Range $2.96M – $3.61M · ±10% · vs last sale $2.28M (Oct 5 2022)
Last sale anchor
$2.28M
Oct 5 2022
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
Tax billed
$56,534
Tax year 2024
Assessed value
$2,265,000
Assessed 2024
Previous assessed
$2,265,000
+0.0% YoY
Effective rate
2.50%
On assessed value
Assessed land
$1,185,900
Assessed improvement
$1,079,100
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1965
Construction
STEEL FRAME
Heating
FORCED AIR
Buildings
1
Stories
1
Units
1
Bathrooms
4
Total area
24,768 SF
Lot
2.81 ac (122,578 SF)
Zoning code
MUB
APN
NEWB M:0096 L:0006
UPID
US38-1315220
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
$4.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.8M
RESTAURANT
Est. value
$3.8M
RETAIL STORES
Est. value
$3.7M
WAREHOUSE, STORAGE
Est. value
$3.3M
OFFICE BUILDING
Est. value
$3.3M
AUTO REPAIR, GARAGE Current
APARTMENT HOUSE (5+ UNITS)
NEIGHBORHOOD: SHOPPING CENTER
RESTAURANT
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
1965
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
1
Buildings
1
Units
1
Bathrooms
4
Lot
2.81 ac
Current owner
From public records · entity-resolved
Battleship Cv Rlty Hldg
Individual
Mailing address
395 MT PLEASANT ST, NEW BEDFORD, MA 02746-1524
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 5, 2022
$2,275,000
Battleship Cv Rlty Hldg
Mount Pleasant Rlty Corp
Quit Claim Arm's Length For Ne States
$5,140,000 · M & T Bank
Jul 12, 2019
—
Mount Pleasant Realty
—
Deed
related
$1,100,000 · Harborone Bank
Nov 20, 2003
—
Mount Pleasant Rlty Corp
—
Deed Of Trust
related
$300,000 · Slades Ferry Trust Co
Dec 23, 1998
—
Mount Pleasant Rlty Co
—
Deed Of Trust
related
$365,000 · Slades Ferry Trust Co
Oct 21, 1993
—
Mount Pleasant Rlty
—
Deed Of Trust
related
$600,000 · Ford Motor Credit Co
Dec 20, 1988
$440,000
Mt Pleasant Rlty Corp
New Bradford Co INC
Grant Deed
—
—
—
Mount Pleasant Rlty Corp
—
Deed Of Trust
related
$1,872,500 · Ford Motor Credit
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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