Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    994 Bedford St Bridgewater, MA 02324-3012
    Back to Search
    Property profile & analytics

    994 Bedford St Bridgewater, MA 02324-3012

    View on Map
    • Investment properties
    • 5.00 lot acres
    Off-Market
    Last Sale Feb 7, 2025
    $650,000
    Property ID
    US38-2395992
    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.
    Value Estimations
    $620,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Investment properties

    Property Details for 994 Bedford St

    Lot size
    5.00 lot acres
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    BRID M:101 L:017
    APU
    BRIDM101L017

    Description

    This exceptional Bridgewater, MA property boasts high visibility and large frontage on Bedford Street (Route 18), offering significant potential for owner-users, investors, or developers. The 5-acre lot encompasses two income-generating buildings. The first is a recently upgraded 3-bedroom, 1-bathroom residential home currently rented. The second building features an office space and two bays, ideally suited for automotive repair or similar uses, also currently leased. The property benefits from substantial daily traffic volume, presenting a tremendous opportunity. Current gross monthly rent totals $4,700. Buyers are advised to conduct due diligence. Title 5 compliance is the responsibility of the buyer. The property's strategic location and dual-income streams make it an attractive investment with considerable upside potential. The combination of residential and commercial space provides flexibility and diverse income streams. This is a rare opportunity to acquire a well-located, income-producing property in a high-traffic area. Serious inquiries only.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $585,000
      ML approach
      $595,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Bridgewater
    County
    Plymouth
    State
    Massachusetts
    Longitude
    -70.9692
    Latitude
    41.9609
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH 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
    $5,051
    $266,900
    $149,200
    $416,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1,852 SF

      1140 Pleasant St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,852 SF
      1140 Pleasant St, Bridgewater, MA 02324-2213
      View Details
    • Value Estimation by Request
      0.22 Acres

      98 Broad St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.22 Acres
      98 Broad St, Bridgewater, MA 02324-1796
      View Details
    • Value Estimation by Request
      5,976 SF

      100 Spg St

      OFFICE/RESIDENTIAL (MIXED USE) • 5,976 SF
      100 Spg St, Bridgewater, MA 02324-3235
      View Details
    • Value Estimation by Request
      400 SF

      977th Summer St

      OFFICE/RESIDENTIAL (MIXED USE) • 400 SF
      977th Summer St, Bridgewater, MA 02324-3309
      View Details
    • Value Estimation
      $945,000
      5,969 SF

      98 Bedford St

      OFFICE/RESIDENTIAL (MIXED USE) • 5,969 SF
      98 Bedford St, Bridgewater, MA 02324-2505
      View Details
    • Value Estimation
      $1,075,000
      13,255 SF

      47-51 Broad St

      OFFICE/RESIDENTIAL (MIXED USE) • 13,255 SF
      47-51 Broad St, Bridgewater, MA 02324
      View Details

    Similar Nearby for Sale

    • $899,000

      Three-Unit Multi-Family Near University

      Multi-unit property near Bridgewater State University with strong rental potential.
      47 Hale St, Bridgewater, MA 02324
      View Details
    • $299,000
      1.37 Acres

      Residential Lot in Bridgewater, MA

      Residential land for sale in a convenient, private location.
      Wildwood Pl, Bridgewater, MA 02324
      View Details
    • $899,000
      2,812 SF

      Multi-Unit Near Bridgewater University

      Three-unit property near university with updated units and strong rental potential.
      47 Hale St, Bridgewater, MA 02324
      View Details
    • $285,000
      26.27 Acres

      26.27 Acres Land Assemblage

      Multi-parcel land with commercial and agricultural development potential.
      Bedford St, Bridgewater, MA 02324
      View Details
    • $549,900
      Pending

      Commercial Land For Sale/Lease

      Land available for sale or lease in Bridgewater, Massachusetts.
      1425 Pleasant St, Bridgewater, MA 02324
      View Details
    • $159,000
      Pending

      Bridgewater Land with Development Potential

      7.74 acres of land with potential for development.
      Three Rivers Dr, Bridgewater, MA 02324
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Industrial Land with Build to Suit

      New construction industrial land available for build to suit.
      80 Scotland Blvd, Bridgewater, MA 02324
      View Details
    • Contact for pricing
      219,000 SF

      Bridgewater Warehouse Space Available

      219,000 SF warehouse space available Q2 2023.
      900 Bedford St, Bridgewater, MA 02324
      View Details
    • Contact for pricing
      11,465 SF

      Bridgewater Office Space Available

      Office space available for rent in Bridgewater, Massachusetts.
      1 Lakeshore Ctr, Bridgewater, MA 02324
      View Details
    • Contact for pricing
      96,600 SF

      Bridgewater Warehouse Space Available

      96,660 SF warehouse space available for lease.
      1025 Elm St, Bridgewater, MA 02324
      View Details
    • $2,400 /Mo

      Central Square Commercial Space Available

      2000 sq ft commercial space in Central Square.
      50 Central Sq, Bridgewater, MA 02324
      View Details
    • Contact for pricing

      Warehouse/R&D Space Near Route 24

      Warehouse/R&D space with air conditioning, ample parking, and loading.
      55 Scotland Blvd, Bridgewater, MA 02324
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    994 Bedford St
    Bridgewater, MA 02324-3012
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    994 Bedford St, Bridgewater, MA, 02324
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!