Financial
Distress signals
Property profile

120 Forbes Blvd Mansfield, MA 02048

FOR LEASE
Industrial properties
Property ID
US38-1709846
80,286 SF 8.7 ac lot Built 1986
Last sale Nov 2021 · $17,625,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
120 Forbes Blvd, Mansfield, MA 02048 For Lease
$13,890,000 8,720 SF available
120 Forbes Blvd, Mansfield, MA 02048
View Listing

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$259k
Tax billed · 2024
Assessed value$13.57M
Assessed land$2.29M
Assessed improvement$11.28M
Effective rate1.91%

Value estimate

· Sep 2026
$13.89M
$12.50M – $15.28M
AI approach$11.32M
CAP approach$12.09M
Submarket $/SF estimate$13.78M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$113/SF
County average, outlier-cleaned · 122 recorded sales of this use type
Observed band · Q1–Q3$41 – $172

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMANSFIELD

Location intelligence

Which uses thrive at this corner?
Best fit: Hair Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Hair Salon11.1
Electrical Service10.9
HVAC Service10.6

Location

120 Forbes Blvd Mansfield, MA 02048
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
20 Middlesex, Mansfield, MA 02048-1828 $15,000,000 Jan 2026 76,784 SF
20 Cabot, Mansfield, MA 02048-1158 $10,600,000 Sep 2022 79,504 SF
130 Forbes, Mansfield, MA 02048-1145 $22,400,000 Jun 2022 97,297 SF
600 Ww, Mansfield, MA 02048-1105 $22,500,000 May 2022 91,200 SF
44 Cabot, Mansfield, MA 02048-1286 $17,000,000 Apr 2022 60,044 SF
41 Hampden, Mansfield, MA 02048-1807 $9,000,000 Mar 2021 59,938 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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