Property profile

416 Elm St New Bedford, MA 02740

OFF-MARKET
Auto shops
Property ID
US38-1329467
2,250 SF 0.05 ac lot Built 1925
Individually Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1925
Construction FRAME
Total area 2,250 SF
Lot 0.05 ac (2,296 SF)
Zoning code RB
APN NEWB M:0051 L:0457
UPID US38-1329467

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
  • Limousine Service

Location

416 Elm St New Bedford, MA 02740-3811
New Bedford metro Census 651600 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$230k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$205k

Owner & transaction history

since 2023
Last sale
$185,000
3 recorded transactions
2023
$185,000
2020
Price N/A
2020
Price N/A

Zoning & alternative use

RB · New Bedford, MA
Zoning description

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

General category RESIDENTIAL

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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