61 John Vertente BlvdNew Bedford, MA 02745
- Manufacturing properties
- 82,016 SF
Property Details for 61 John Vertente Blvd
- Year built
- 1979
- Construction
- STEEL FRAME
- Lot size
- 16.40 AC
- Property size (Sq ft)
- 82,016 SF
- Zone code
- IC
- Property type
- Manufacturing properties
- APN
- NEWB M:0133 L:0047
- APU
- NEWBM0133L0047
Description
This exceptional 3-acre lot, situated in the desirable New Bedford Business Park, presents a unique build-to-suit opportunity for discerning businesses. The property is zoned for a variety of uses, including manufacturing, storage, warehousing, and office space, offering unparalleled flexibility for your specific operational needs. Pre-approved plans are in place for a 32,000-square-foot building, streamlining the development process and minimizing potential delays. The single-tenant property provides ample space for expansion and customization, allowing you to create a facility perfectly tailored to your company's requirements. Located in Bristol County, Massachusetts, at 61 John Vertente Boulevard, New Bedford, MA 02745, this prime location offers convenient access to major transportation routes and a skilled workforce. The property is also available for sale separately, providing additional investment options. This is an exceptional chance to secure a strategically located, versatile property and build a state-of-the-art facility to meet your long-term business objectives. Don't miss this opportunity to establish your presence in a thriving industrial area. Contact us today to discuss your build-to-suit requirements and explore the possibilities.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $30,255,400
- 6.5%
- $27,928,000
- 7%
- $25,933,200
-
Comparable approach
- Method
- Valuation
- Relative Method
- $17,145,900
- Geo Method
- $17,145,900
-
Alternative Use
- Use
- Valuation
- Retail / Commercial
- $14,321,400
- Mixed-Use / Specialty
- $14,270,300
- Hospitality / Lodging
- $10,469,700
- Office
- $14,185,500
- Institutional / Educational
- $14,835,400
- Residential Income
- $17,357,400
- Multifamily
- $20,817,500
- Automotive / Energy
- $12,716,000
- Parking / Income-Based Land
- $4,388,150
- Restaurant / Food Service
- $7,422,100
- Healthcare / Senior Housing
- $14,633,900
Location Insight
- City
- New Bedford
- County
- Bristol
- State
- Massachusetts
- Latitude
- 41.7191
- Longitude
- -70.9651
- CBSA code
- 39300
- CBSA name
- PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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