New search
Property profile & analytics
OFF-MARKET
Estimated value
$8,660,000
Manufacturing properties
55 Samuel Barnet Blvd, New Bedford, MA 02745-1217
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US38-0736193
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1972
Construction
STEEL FRAME
Total area
64,309 SF
Lot
11.09 ac (483,080 SF)
Zoning code
IC
APN
NEWB M:0133 L:0036
UPID
US38-0736193
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
-
Shuster, a division of Motion Industries Factory Industrial Manufacturer
-
Shuster Corporation Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.75M
CAP Approach
CAP
$9.74M
Comparable Approach
Comparable
$8.91M
Blend (final)
Blend
$8.66M
Owner & transaction history
Alp Arc V Gbi Barnett · 4 yrs held
Alp Arc V Gbi Barnett
since 2022
Last sale
$8.0M
7 recorded transactions
Zoning & alternative use
IC · New Bedford, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$10.4M
+42.6%
Apartment house (5+ units)
$10.3M
+41.2%
Neighborhood: shopping center
$9.8M
+34.7%
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
$10,750,000
CAP Approach
CAP Return
Estimation
6%
$10,550,000
6.5%
$9,740,000
7%
$9,045,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$7,295,000
Current use
AUTO REPAIR, GARAGE
$10,405,000
Change: +43% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$10,295,000
Change: +41% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$9,825,000
Change: +35% · Conversion: Difficult
RESTAURANT
$9,795,000
Change: +34% · Conversion: Difficult
RETAIL STORES
$9,715,000
Change: +33% · Conversion: Moderate
WAREHOUSE, STORAGE
$8,505,000
Change: +17% · Conversion: Easy
OFFICE BUILDING
$8,435,000
Change: +16% · Conversion: Difficult
Blend value · Realmo final
$8.66M
Range $7.79M – $9.53M · ±10% · vs last sale $8.00M (Jun 7 2022)
Last sale anchor
$8.00M
Jun 7 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
$135 / 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
$108,708
Tax year 2024
Assessed value
$4,355,300
Assessed 2024
Previous assessed
$4,355,300
+0.0% YoY
Effective rate
2.50%
On assessed value
Assessed land
$1,494,400
Assessed improvement
$2,860,900
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1972
Construction
STEEL FRAME
Heating
SPACE
Buildings
1
Stories
1
Units
1
Total area
64,309 SF
Lot
11.09 ac (483,080 SF)
Zoning code
IC
APN
NEWB M:0133 L:0036
UPID
US38-0736193
Jurisdiction
NEW BEDFORD
Zoning & alternative use
IC · New Bedford, MA
Zoning IC · permitted uses
IC · 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
INDUSTRIAL (GENERAL) Current
Est. value
$7.3M
AUTO REPAIR, GARAGE
Est. value
$10.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$10.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$9.8M
RESTAURANT
Est. value
$9.8M
RETAIL STORES
Est. value
$9.7M
WAREHOUSE, STORAGE
Est. value
$8.5M
OFFICE BUILDING
Est. value
$8.4M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
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
1972
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Buildings
1
Units
1
Lot
11.09 ac
Current owner
From public records · entity-resolved
Alp Arc V Gbi Barnett
Individual
Mailing address
68 S SERVICE RD STE #120, MELVILLE, NY 11747-2350
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 16, 2025
—
Alp-arc V Gbi-10 Commerce
—
Deed
related
$1 · Alp Arc V Gbi Barnett
Jun 13, 2025
—
Alp-arc V Gbi-barnett Pro
—
Deed
related
$1 · German American Capital Corp
Jun 7, 2022
$8,000,000
Alp Arc V Gbi Barnett
83 Seip Barnett Owner LLC
Quit Claim Arm's Length For Ne States
$118,433,036 · Invesco Cmi Investments LP
Jun 7, 2022
—
Alp Arc V Gbi Barnett
83 Seip Barnett Owner LLC
Other
$118,433,036 · Invesco Cmi Investments LP
Dec 21, 2021
—
83 Seip Barnett Owner LLC
—
Deed
related
$26,650,000 · Brookline Bank
Apr 20, 2021
$4,815,000
83 Barnett Owner LLC
Albany Rd-samuel Barnet
Quit Claim Arm's Length For Ne States
—
Sep 4, 2018
$3,650,000
Albany Rd Samuel Barne
Highland Samuel Barnet
Quit Claim Arm's Length For Ne States
$10,500,000 · Berkshire Bank
Mar 26, 2007
$1,400,000
Highland S Barnett Assoc
Afc Cable Sys INC
Grant Deed
—
Dec 18, 1992
—
Monogram Indus INC
—
Deed Of Trust
related
$12,000,000 · Ri Hosp Trust National Bank
Jul 9, 1990
—
Monogram Industries
—
Deed Of Trust
related
$5,700,000 · Fleet National Bank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 55 Samuel Barnet Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
