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    Property profile & analytics

    862 Ashley Blvd New Bedford, MA 02745-2417

    • Medical offices
    • 3,400 SF
    • 0.17 lot acres
    OFF-MARKET
    Value Estimation
    $435,000
    Last Sale
    Jan 06, 2021
    Location Intelligence
    Property ID
    US38-1268600
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Advanced Electrolysis & Medical Laser / Laser Hair Removal Service
    • Ashley Associates-TDC / Psychologist
    • Elara Caring / Home Health Care Service / Home Help Service Agency
    • Susan Carreiro-Penacho / Psychologist / Counselor
    • Miss Brenda Sweeney / Counselor

    Property Details for 862 Ashley Blvd

    Year built
    1962
    Construction
    FRAME
    Lot size
    0.17 lot acres
    Property size
    3,400 SF
    Zone code
    MUB
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    NEWB M:0127-C L:0449
    APU
    NEWBM0127CL0449

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $385,000

    • CAP approach

      CAP return
      Estimation
      6%
      $515,000
      6.5%
      $540,000
      7%
      $575,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $585,000
      Geo Method
      $540,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $470,000
      Retail
      $465,000
      Mixed-Use
      $440,000
      Hospitality
      $580,000
      Educational
      $605,000
      Residential Income
      $500,000
      Energy
      $510,000
      Income-Based Land
      $565,000
      Food Service
      $510,000

    Location Insight

    • Map
    • Local Demand
    City
    New Bedford
    County
    Bristol
    State
    Massachusetts
    Longitude
    -70.9339
    Latitude
    41.684
    CBSA code
    39300
    CBSA name
    PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $10,975
    $181,200
    $258,500
    $439,700
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $380,000
      1,270 SF

      934 Ashley Blvd

      MEDICAL BUILDING • 1,270 SF
      934 Ashley Blvd, New Bedford, MA 02745-2410
      View Details
    • Value Estimation
      $720,000
      5,488 SF

      1249 Ashley Blvd

      MEDICAL BUILDING • 5,488 SF
      1249 Ashley Blvd, New Bedford, MA 02745-1536
      View Details
    • Value Estimation
      $485,000
      2,100 SF

      2856 Acushnet Ave

      MEDICAL BUILDING • 2,100 SF
      2856 Acushnet Ave, New Bedford, MA 02745-1618
      View Details
    • Value Estimation by Request
      928 SF

      2228 Acushnet Ave

      MEDICAL BUILDING • 928 SF
      2228 Acushnet Ave, New Bedford, MA 02745-2804
      View Details
    • Value Estimation
      $345,000
      1,929 SF

      163 Riv Rd

      MEDICAL BUILDING • 1,929 SF
      163 Riv Rd, New Bedford, MA 02745-6229
      View Details
    • Value Estimation
      $335,000
      3,300 SF

      4480 Acushnet Ave

      MEDICAL BUILDING • 3,300 SF
      4480 Acushnet Ave, New Bedford, MA 02745-4748
      View Details

    Similar Nearby for Sale

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      Historic Waterfront Commercial Landmark

      Restored waterfront building with flexible layouts and harbor views.
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      Versatile Mixed-Use Property For Sale

      Mixed-use property ideal for various businesses, medical or professional offices.
      1227 Ashley Blvd, New Bedford, MA 02745
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      Former Nursing Home for Housing

      Former nursing home facility suitable for housing conversion.
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      Retail/Office Building Near Train Station

      Large building with retail and office space near train station.
      525-527 Church St, New Bedford, MA 02745
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    • $1,300,000

      Commercial Building on Main Road

      Commercial building on a busy road with excellent visibility.
      861B Ashley Blvd, New Bedford, MA 02745
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      Showroom on Acushnet Avenue

      Immaculate showroom ideal for contractors or small business owners.
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    Similar Nearby for Lease

    • Contact for pricing
      4,719 SF

      Versatile Office Space in New Bedford

      Adaptable office building with flexible layout and convenient location.
      1167-1177 Ashley Blvd, New Bedford, MA 02745
      View Details
    • $600 /Mo

      Private Office Space Available

      Move-in ready office space with utilities included in New Bedford.
      862 Ashley Blvd, New Bedford, MA 02745
      View Details
    • $500 /Mo

      Professional Office Space Available

      Professional office space for lease in prime location.
      696 Ashley Blvd, New Bedford, MA 02745
      View Details
    • $18 SF/Yr
      2,500 SF

      Retail Space Near Train Station

      Highly visible retail space near Church St. Train Station.
      1014-1068 Kings Hwy, New Bedford, MA 02745
      View Details
    • Contact for pricing
      3,600 SF

      Retail Space with Drive-Thru

      Retail space suitable for QSR or convenience retail center.
      1230 Braley Rd, New Bedford, MA 02745
      View Details
    • $10 SF/Yr

      Warehouse/Manufacturing Space For Lease

      Prime business park location, ideal for warehousing or manufacturing.
      100 Duchaine Blvd, New Bedford, MA 02745
      View Details
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    862 Ashley Blvd
    New Bedford, MA 02745-2417
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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