Property profile

85 Macarthur Dr New Bedford, MA 02740

OFF-MARKET
Turn key restaurants
Property ID
US38-0833189
2,856 SF 0.63 ac lot Built 1984
Entity Owned 22-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1984
Construction FRAME
Total area 2,856 SF
Lot 0.63 ac (27,399 SF)
Zoning code MUB
APN NEWB M:0037 L:0323
UPID US38-0833189

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
  • Bar & Pub

Location

85 Macarthur Dr New Bedford, MA 02740-7217
New Bedford metro Census 651900 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$390k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$390k

Owner & transaction history

since 2004
7 recorded transactions
2004
$355,000
2004
Price N/A
1997
$20,400
1995
$150,000
1995
$102,500
1991
Price N/A
1991
Price N/A

Zoning & alternative use

MUB · New Bedford, MA
Zoning description

The intent of this zone is to promote Mixed Use Business uses.

General category MIXED_USE

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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