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    Property profile & analytics

    948-950 Ashley Blvd New Bedford, MA 02745

    • Retail space
    • 2,945 SF
    • 0.19 lot acres
    OFF-MARKET
    Value Estimation
    $295,000
    Location Intelligence
    Property ID
    US38-1865131
    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

    • Retail space

    Property Details for 948-950 Ashley Blvd

    Year built
    1961
    Construction
    FRAME
    Lot size
    0.19 lot acres
    Property size
    2,945 SF
    Zone code
    MUB
    Property type
    Retail space
    APN
    NEWB M:0127-D L:0128
    APU
    NEWBM0127DL0128

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    New Bedford
    County
    Bristol
    State
    Massachusetts
    Longitude
    -70.9342
    Latitude
    41.6866
    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
    $9,198
    $189,200
    $179,300
    $368,500
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $505,000
      6,012 SF

      2180-2184 Acushnet Ave

      RETAIL STORES (PERSONAL SERVICES) • 6,012 SF
      2180-2184 Acushnet Ave, New Bedford, MA 02745
      View Details
    • Value Estimation
      $405,000
      3,840 SF

      4435 Acushnet Ave, Unit 4443

      RETAIL STORES (PERSONAL SERVICES) • 3,840 SF
      4435 Acushnet Ave, New Bedford, MA 02745-4705
      View Details
    • Value Estimation
      $265,000
      2,056 SF

      1280 Ashley Blvd

      RETAIL STORES (PERSONAL SERVICES) • 2,056 SF
      1280 Ashley Blvd, New Bedford, MA 02745-1532
      View Details
    • Value Estimation
      $800,000
      7,758 SF

      928-930 Belleville Ave

      RETAIL STORES (PERSONAL SERVICES) • 7,758 SF
      928-930 Belleville Ave, New Bedford, MA 02745
      View Details
    • Value Estimation
      $315,000
      3,270 SF

      136-140 Belleville Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,270 SF
      136-140 Belleville Rd, New Bedford, MA 02745
      View Details
    • Value Estimation
      $385,000
      3,185 SF

      138 Hatch St

      RETAIL STORES (PERSONAL SERVICES) • 3,185 SF
      138 Hatch St, New Bedford, MA 02745-6025
      View Details

    Similar Nearby for Sale

    • $5,990,000

      Historic Waterfront Commercial Landmark

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    • $500,000

      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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    • $379,000

      Restaurant and Property For Sale

      Freestanding commercial property with restaurant business for sale.
      4422 Acushnet Ave, New Bedford, MA 02745
      View Details
    • $625,000

      Established Restaurant with Outdoor Seating

      Long-standing restaurant with parking and outdoor picnic area.
      958 Ashley Blvd, New Bedford, MA 02745
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      Established Restaurant Business Opportunity

      Long-running Chinese restaurant with liquor license for sale.
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    Similar Nearby for Lease

    • $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
    • $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
    • 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
    • $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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    New Bedford, MA 02745
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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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