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Property profile & analytics
OFF-MARKET
Estimated value
$745,000
Commercial real estate
500 Hathaway Rd, New Bedford, MA 02740-1939
Individually Owned
26-yr Hold
~
Est. High Equity
Property ID
US38-1058602
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
7.88 ac (343,305 SF)
Zoning code
MUB
APN
NEWB M:0094 L:0002
UPID
US38-1058602
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
-
Whaler Inn and Suites Hotel & Motel
-
Ryan's Sports Pub & Billiards Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$745k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$745k
Owner & transaction history
Emerald Ptnshp Ltd · 26 yrs held
Emerald Ptnshp Ltd
since 1999
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
by Request
ML approach
$745,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$745k
Range $671k – $820k · ±10%
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
—
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 2020Property tax & assessments
Tax year 2020
Tax billed
$107,716
Tax year 2020
Assessed value
$5,506,600
Assessed 2024
Previous assessed
$5,506,600
+0.0% YoY
Effective rate
1.96%
On assessed value
Assessed land
$3,347,700
Assessed improvement
$2,158,900
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
NONE
Cooling
YES
Buildings
2
Units
306
Lot
7.88 ac (343,305 SF)
Zoning code
MUB
APN
NEWB M:0094 L:0002
UPID
US38-1058602
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.
Building & site characteristics
From public records
Heating
NONE
Cooling
Yes
Buildings
2
Units
306
Lot
7.88 ac
Current owner
From public records · entity-resolved
Emerald Ptnshp Ltd
Individual
Mailing address
500 HATHAWAY RD, NEW BEDFORD, MA 02740-1939
Ownership since
1999
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 24, 2008
—
Emerald Partnership Ltd
—
Deed Of Trust
related
$1,600,000 · Home Loan & Investment Bank
Jul 23, 2001
—
Emerald Prtshp Ltd
—
Deed Of Trust
related
$1,100,000 · Department Of Hsng & Cmnty Ma
Dec 3, 1999
$1,863,625
Emerald Ptnshp Ltd
Zeba Group INC
Grant Deed
—
Oct 8, 1999
—
Zeba Group INC
—
Deed Of Trust
related
$675,000 · Zwi Kohorn
Apr 29, 1994
$2,451,000
Zeba Group INC
New Bedford Hotel Corp
Grant Deed
$1,838,250 · Zenon Grzybowski
Feb 9, 1993
—
New Bedford Hotel Corp
—
Deed Of Trust
related
$6,000,000 · Maine Savings Bank
Sep 18, 1987
$2,417,000
New Bedf Travlrs Assoc
Whaler Mtr Inn INC
Grant Deed
$4,000,000 · Zions First National Bank
Jan 9, 1987
—
Whaler Motor Inn INC
—
Deed Of Trust
related
$700,000 · New Bedford Svgs Bk
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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