Four-Unit Office
For Sale
$999,900
85 Copeland Dr, Mansfield, MA 02048
Brick commercial property with dedicated parking, private offices, and separate utility service.
Property Size3,600 SF
Price / SF$277.75
Days on Market295
Property Features for 85 Copeland Dr
General Information
Standard status
Active
Size
3,600 SF
Total Parking Spaces
18
Property subtype
Commercial
Zoning
Mixed
Site & Location
Road Access
Yes
Utilities to Site
Yes
Additional Details
Office Units
4
Taxes and HOA fees
Annual Taxes
$12,889
Amenities
farmer's porch
Building Details
Building Size
3,600 SF
Year Built
1985
Buildings
1
Construction
brick
Tenancy
Multi
Listing Agency:
Keller Williams Elite
(508) 695-4545
Listed By:
Lori Seavey Realty Team
(508) 446-1258
Source:
Churchillprop
Added: Jan 10
Changed: Oct 31
Last Checked: Nov 1 at 3:00AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Elite
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Investment Insights
Based on property information with market context.
Built in 1985, this 3,600-square-foot office property contains four approximately 900-square-foot units. Each suite includes a reception area, conference room, two private offices, and a half bath; Unit B combines two rooms into one. Three units are leased, including two occupied under month-to-month arrangements, and separate gas and electric utilities serve the suites. Town water and sewer are also in place.
The building at 85 Copeland Dr in Mansfield, Massachusetts, features a brick exterior, a 5-by-60-foot farmer’s porch, and 18 off-street parking spaces. Recent painting and a newer roof provide updated exterior and maintenance features. An additional 1,800-square-foot unfinished basement offers substantial auxiliary space.
The building at 85 Copeland Dr in Mansfield, Massachusetts, features a brick exterior, a 5-by-60-foot farmer’s porch, and 18 off-street parking spaces. Recent painting and a newer roof provide updated exterior and maintenance features. An additional 1,800-square-foot unfinished basement offers substantial auxiliary space.
Key Highlights
- Four office units totaling 3,600 square feet
- Three units leased; two month‑to‑month tenants would like to remain
- Each 900 sq. ft. unit includes reception, conference room, two private offices, and a half bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$59,171
Cap Rate
5.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,183,420
$1.2M
Cap Rate 7%
$845,300
$845.3K
Cap Rate 9%
$657,456
$657.5K
Market Conditions
NOI Build-Up for 3,600 SF
Gross rent
$98.5K $27.36/SF
− Vacancy
−$19.6K −$5.44/SF
EGI
$78.9K $21.92/SF
− OpEx
−$19.7K −$5.48/SF
NOI
$59.2K $16.44/SF
Area
Bristol County, MA
Vacancy
19.90%
Lease Rate
$27.36 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,183,420
Cap Rate 7%
$845,300
Cap Rate 9%
$657,456
Alternative Uses
Best Use
Office B
$845.3K
$739.6K – $986.2K
NOI $59,171 @ 7.0% cap · market cap 5.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.19M
$1.92M – $2.56M
NOI $153,464 @ 7.0% cap · market cap 15.35%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
4
Office units
Multi-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
831
Businesses Nearby
Explore this area
Business Placement
Demographics for 02048, MA
23,860
Population
9,228
Households
2.6
Avg Household Size
40
Median Age
51%
College-Educated
96%
High-School Grad
20.1 sq mi
ZIP Area
1,187
Density / Sq Mi
$131,409
Median Household Income
$65,154
Median Earnings
$1,702
Median Rent
$571,000
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - Brick commercial property with dedicated parking, private offices, and separate utility service.
Where is this office building located?
The property is located at 85 Copeland Dr Mansfield, MA.
What is the asking price?
The asking price for this property is $999,900.
What are key features of this property?
This property features: Four office units totaling 3,600 square feet; Three units leased; two month‑to‑month tenants would like to remain; Each 900 sq. ft. unit includes reception, conference room, two private offices, and a half bath
