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Financial
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Property profile

50 2nd St New Bedford, MA 02740

OFF-MARKET
Medical Office Space
Property ID
US38-1343498
5,309 SF 0.21 ac lot Built 1821
Last sale Feb 2026 · $1,100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A Class A office condominium unit under development located at 50 N 2nd St in the Whaling National Historical Park area of New Bedford, Massachusetts, within a building being integrated into the Whaling Museum’s expanding campus. The unit is planned to support tenant-specific interior design prior to completion and presentation, with on-site parking included and additional parking spaces available. The space is offered under a modified triple-net structure, with heating and electricity included…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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.

Debts

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?
$20k
Tax billed · 2024
Assessed value$813k
Assessed land$254k
Assessed improvement$559k
Effective rate2.50%

Value estimate

· Oct 2026
$1.06M
$950k – $1.16M
CAP approach$1.21M
Submarket $/SF estimate$824k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

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
Hair Salon14.7
Nail Salon13.9

Location

50 2nd St New Bedford, MA 02740-6272
County assessor Recorded deeds · 9 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

2 recorded sales · 15 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
225 Rockland, New Bedford, MA 02740-3136 $190,000 Nov 2023 2,093 SF
32 Hillman, New Bedford, MA 02740-6671 $725,000 Jul 2021 4,684 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
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