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    FOR SALE
    Manufacturing properties

    61 John Vertente Blvd, New Bedford, MA 02745

    82,016 SF 16.4 ac lot Built 1979
    Entity Owned 8-yr Hold ~ Est. High Equity
    Property ID
    US38-0369012
    Property summary
    AI-generated overview

    This exceptional 3-acre lot, situated in the desirable New Bedford Business Park, presents a unique build-to-suit opportunity for discerning businesses. The property is zoned for a variety of uses, including manufacturing, storage, warehousing, and office space, offering unparalleled flexibility for your specific operational needs. Pre-approved plans are in place for a 32,000-square-foot building, streamlining the development process and minimizing potential delays. The single-tenant property provides ample space for expansion and customization, allowing you to create a facility perfectly tailored to your company's requirements. Located in Bristol County, Massachusetts, at 61 John Vertente Boulevard, New Bedford, MA 02745, this prime location offers convenient access to major transportation routes and a skilled workforce. The property is also available for sale separately, providing additional investment options. This is an exceptional chance to secure a strategically located, versatile property and build a state-of-the-art facility to meet your long-term business objectives. Don't miss this opportunity to establish your presence in a thriving industrial area. Contact us today to discuss your build-to-suit requirements and explore the possibilities.

    Property profile
    Verified
    Property type Manufacturing properties
    Use group MANUFACTURING (LIGHT)
    Year built 1979
    Construction STEEL FRAME
    Total area 82,016 SF
    Lot 16.4 ac (714,384 SF)
    Zoning code IC
    APN NEWB M:0133 L:0047
    UPID US38-0369012
    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
    • NWD Inc. Trucking Company
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $5.92M
    Owner & transaction history
    Smre 61 LLC · 8 yrs held
    Smre 61 LLC
    since 2017
    2 recorded transactions
    2017
    $2.9M
    2008
    $5.2M
    Zoning & alternative use
    IC · New Bedford, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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