Property profile

4586 Acushnet Ave New Bedford, MA 02745

OFF-MARKET
Assisted living facilities
Property ID
US38-1471992
52,588 SF 3.67 ac lot Built 1973
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1973
Construction STEEL FRAME
Total area 52,588 SF
Lot 3.67 ac (159,765 SF)
Zoning code RA
APN NEWB M:0137 L:0080
UPID US38-1471992

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
  • Nursing Home
  • Nursing Home

Location

4586 Acushnet Ave New Bedford, MA 02745-4715
New Bedford metro Census 650101 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$6.21M
CAP Approach CAP
by Request
Comparable Approach Comparable
$6.19M
Blend (final) Blend
$6.37M

Owner & transaction history

since 2022
Last sale
$4.3M
7 recorded transactions
2023
Price N/A
2022
$3.0M
2016
$4.0M
2006
Price N/A
2005
$4.3M
1993
Price N/A
1991
Price N/A

Zoning & alternative use

RA · New Bedford, MA
Zoning description

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

General category RESIDENTIAL
Top alternative use upside
Restaurant $9.0M +101.6%
Office building $8.6M +93.3%
Auto repair, garage $8.4M +89.9%

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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