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Property profile & analytics
FOR SALE
Office buildings
9 6th St, New Bedford, MA 02740-5909
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US38-0919843
No photos on file
For Sale
$1,060,000
9 6th St, New Bedford, MA 02740-5909
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1955
Construction
STEEL FRAME
Total area
11,580 SF
Lot
0.14 ac (5,968 SF)
Zoning code
MUB
APN
NEWB M:0046 L:0259
UPID
US38-0919843
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
-
Ls Music studio Recording Studio
-
Laura E. Grimes Attorney at Law Law Firm
-
Mass Training Studio Gym & Fitness Center
-
Anchor Ministries Association / Organization
-
Key Program Association Or Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.35M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.07M
Blend (final)
Blend
$1.06M
Owner & transaction history
Roso Investment RT · 4 yrs held
Roso Investment RT
since 2021
Last sale
$825,000
7 recorded transactions
Zoning & alternative use
MUB · New Bedford, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.8M
+16.1%
Retail stores
$1.7M
+14.0%
Warehouse, storage
$1.5M
+0.8%
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
$1,480,000
ML approach
$1,345,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,520,000
Current use
RESTAURANT
$1,765,000
Change: +16% · Conversion: Moderate
RETAIL STORES
$1,730,000
Change: +14% · Conversion: Moderate
WAREHOUSE, STORAGE
$1,530,000
Change: +1% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,505,000
Change: -1% · Conversion: Easy
Blend value · Realmo final
$1.06M
Range $954k – $1.17M · ±10% · vs last sale $825k (Oct 8 2021)
Last sale anchor
$825k
Oct 8 2021
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
$92 / 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
$21,199
Tax year 2024
Assessed value
$849,300
Assessed 2024
Previous assessed
$849,300
+0.0% YoY
Effective rate
2.50%
On assessed value
Assessed land
$174,500
Assessed improvement
$674,800
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1955
Construction
STEEL FRAME
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
3
Units
1
Bathrooms
5
Total area
11,580 SF
Lot
0.14 ac (5,968 SF)
Zoning code
MUB
APN
NEWB M:0046 L:0259
UPID
US38-0919843
Jurisdiction
NEW BEDFORD
Zoning & alternative use
MUB · New Bedford, MA
Zoning MUB · permitted uses
MUB · 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
OFFICE BUILDING Current
Est. value
$1.5M
RESTAURANT
Est. value
$1.8M
RETAIL STORES
Est. value
$1.7M
WAREHOUSE, STORAGE
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$1.5M
OFFICE BUILDING Current
RESTAURANT
RETAIL STORES
WAREHOUSE, STORAGE
COMMERCIAL (GENERAL)
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
1955
Construction
STEEL FRAME
Heating
HOT WATER
Cooling
Yes
Stories
3
Buildings
1
Units
1
Bathrooms
5
Lot
0.14 ac
Current owner
From public records · entity-resolved
Roso Investment RT
Entity
Mailing address
5 ARCHERS WAY, ACUSHNET, MA 02743-1700
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 8, 2021
$825,000
Roso Investment RT
New Bedford INC
Quit Claim Arm's Length For Ne States
$536,250 · Sharon And Crescent United Credit U
Dec 23, 2019
$680,000
New Bedford INC
Micro Realty Ptrs LLC
Quit Claim Deed
—
Aug 2, 2018
—
Micro Realty Partners
—
Deed
related
$696,000 · Taunton FCU
Sep 20, 2017
$400,000
Micro Realty Partners LLC
National Equity Props INC
Quit Claim Deed
$480,000 · Summit Cap Mgmt L
Oct 29, 2007
—
Natl Equity Prop INC
—
Deed Of Trust
related
$275,000 · Sovereign Bank
Dec 21, 1998
—
Natl Equity Prop INC
—
Deed Of Trust
related
$250,000 · Slades Ferry Trust Co
Jun 30, 1997
$229,408
National Equity Prop
New Bedford City
Grant Deed
related
—
Oct 6, 1989
—
Foster R Herman
—
Deed Of Trust
related
$475,000 · Shawmut Bk Of Se Ma
Aug 15, 1989
—
Foster R Herman
—
Deed Of Trust
related
$65,000 · Shawmut Bk Of Se Ma
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.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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