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Property profile & analytics

868 Ashley Blvd New Bedford, MA 02745-2404

  • Office buildings
  • 1,435 SF
  • 0.14 lot acres
OFF-MARKET
Value Estimation
$310,000
Location Intelligence
Property ID
US38-1913767
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

  • Gushue Law / Attorney
  • Norton & Associates Inc / Medical Center
  • House of Angels / Store

Property Details for 868 Ashley Blvd

Year built
1950
Construction
FRAME
Lot size
0.14 lot acres
Property size
1,435 SF
Zone code
MUB
Property type
Office buildings
APN
NEWB M:0127-C L:0214
APU
NEWBM0127CL0214

Description

This exceptional two-story, 2,214 square foot office building presents a unique investment opportunity in New Bedford, MA. Built in 1950, this property sits on a 5,998 square foot lot and is zoned MUB, offering versatility for a range of uses. The building features a full bathroom, a kitchen ideal for client meetings or employee breaks, and elegant hardwood floors throughout. Sun-filled office spaces create a bright and productive work environment. The property also boasts attractive front and back yards, perfect for outdoor gatherings. Its high-visibility location on Ashley Boulevard ensures excellent exposure to potential clients and customers. The convenient location near Routes 195 and 140, along with proximity to schools, banks, supermarkets, and restaurants, makes this an exceptionally desirable location. This property is well-suited for owner-occupancy, offering a blend of commercial and potential residential uses. The asking price is $369,900. This is a turn-key opportunity not to be missed.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $320,000
  • CAP approach

    CAP return
    Estimation
    6%
    $255,000
    6.5%
    $255,000
    7%
    $250,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $230,000
    Geo Method
    $270,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $270,000
    Retail
    $315,000
    Mixed-Use
    $305,000
    Hospitality
    $300,000
    Educational
    $270,000
    Residential Income
    $275,000
    Energy
    $275,000
    Income-Based Land
    $265,000
    Food Service
    $245,000

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
$8,576
$167,000
$176,600
$343,600
-
$0.00
$0.00
$0.00
More about this property
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