Freestanding Contractor Yard
For Sale
$999,000
86 Eastman, Mansfield, MA 02048
Single-story warehouse with drive-in access and a large outdoor contractor yard for equipment and staging.
Property Size2,520 SF
Lot Size1.30 Acres
Price / SF$396.43
Days on Market49
Property Features for 86 Eastman
General Information
Standard status
Active
Size
2,520 SF
Lot size
1.30 Acres
Property subtype
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Warehouse & Industrial
Clear Height
15 ft
Drive-In Doors
2
Building Details
Year Built
1986
Stories
1
Listing Agency:
Equity Management Realty, LLC
(774) 226-5647
Listed By:
Matthew Andrade · License #451503146
(774) 226-5647
Source:
Elliman
Added: Jun 14
Changed: Jul 10
Last Checked: Aug 1 at 7:03AM
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 Equity Management Realty, LLC
Investment Insights
Based on property information with market context.
Freestanding single-story metal warehouse on a 1.3-acre site, configured with a private office and a 2,520 SF clear-span warehouse area with approximately 15-foot ceilings. The facility includes two drive-in overhead doors and is paired with approximately 30,000 SF of open outdoor contractor yard, supporting vehicle and materials staging alongside warehouse operations.
The property is located along State Route 106 in East Mansfield, with visibility from the route and easy truck access. It is approximately 4.8 miles from I-495 and about 8 miles from I-95, providing straightforward connectivity for regional deliveries and logistics.
This setup is well suited for contractors, light industrial users, and businesses that need both enclosed storage and substantial yard space for work-in-progress, equipment, or deliveries. It is available for lease assumption or outright purchase, allowing buyers to align the facility with their operating timeline and space requirements.
The property is located along State Route 106 in East Mansfield, with visibility from the route and easy truck access. It is approximately 4.8 miles from I-495 and about 8 miles from I-95, providing straightforward connectivity for regional deliveries and logistics.
This setup is well suited for contractors, light industrial users, and businesses that need both enclosed storage and substantial yard space for work-in-progress, equipment, or deliveries. It is available for lease assumption or outright purchase, allowing buyers to align the facility with their operating timeline and space requirements.
Key Highlights
- 2,520 SF single‑story metal commercial warehouse built in 1986
- 15‑foot warehouse ceilings with two drive‑in overhead doors for truck access
- Private office included within the warehouse building
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $40.2k | $15.96 |
| − Vacancy | −$1.8k | −$0.72 |
| EGI | $38.4k | $15.24 |
| − OpEx | −$5.8k | −$2.29 |
| NOI | $32.6k | $12.96 |
2,520 SF · lease $15.96/SF/yr · vacancy 4.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$466.4K
$408.1K – $544.1K
NOI $32,648 @ 7.0% cap · market cap 3.27%
Second Best
Industrial
$352.3K
$308.3K – $411.0K
NOI $24,661 @ 7.0% cap · market cap 2.47%
Theoretical Best
Office A
$1.53M
$1.34M – $1.79M
NOI $107,425 @ 7.0% cap · market cap 10.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
15 ft
Clear height
2
Drive-in doors
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
52
Businesses Nearby
Under-served
Demand for This Use
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
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - Single-story warehouse with drive-in access and a large outdoor contractor yard for equipment and staging.
Where is this warehouse located?
The property is located at 86 Eastman Mansfield, MA.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: 2,520 SF single‑story metal commercial warehouse built in 1986; 15‑foot warehouse ceilings with two drive‑in overhead doors for truck access; Private office included within the warehouse building
