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Property profile & analytics
OFF-MARKET
Estimated value
$2,660,000
Industrial properties
105 Forbes Blvd, Mansfield, MA 02048-1124
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US38-0682318
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1972
Construction
STEEL FRAME
Total area
15,500 SF
Lot
3.1 ac (135,036 SF)
APN
MANS M:044 B:201
UPID
US38-0682318
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Chrysler Group LLC Advertising Agency Marketing & Advertising
-
Chrysler Training Facility High School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.28M
CAP Approach
CAP
$2.34M
Comparable Approach
Comparable
$2.04M
Blend (final)
Blend
$2.66M
Owner & transaction history
Bgo Tsg 105 Forbes Owner · 5 yrs held
Bgo Tsg 105 Forbes Owner
since 2021
Last sale
$2.5M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.6M
+106.4%
Auto repair, garage
$2.8M
+56.9%
Retail stores
$2.5M
+44.7%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Mansfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mansfield submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$3,315,000
ML approach
$3,280,000
CAP Approach
CAP Return
Estimation
6%
$2,530,000
6.5%
$2,335,000
7%
$2,165,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,760,000
Current use
RESTAURANT
$3,630,000
Change: +106% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,760,000
Change: +57% · Conversion: Easy
RETAIL STORES
$2,545,000
Change: +45% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$2,480,000
Change: +41% · Conversion: Difficult
OFFICE BUILDING
$2,370,000
Change: +35% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,365,000
Change: +35% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,060,000
Change: +17% · Conversion: Difficult
Blend value · Realmo final
$2.66M
Range $2.39M – $2.93M · ±10% · vs last sale $2.50M (Mar 18 2021)
Last sale anchor
$2.50M
Mar 18 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$172 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$35,249
Tax year 2024
Assessed value
$1,848,400
Assessed 2024
Previous assessed
$1,848,400
+0.0% YoY
Effective rate
1.91%
On assessed value
Assessed land
$500,300
Assessed improvement
$1,348,100
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1972
Construction
STEEL FRAME
Heating
FORCED AIR
Buildings
1
Stories
1
Units
1
Total area
15,500 SF
Lot
3.1 ac (135,036 SF)
APN
MANS M:044 B:201
UPID
US38-0682318
Jurisdiction
MANSFIELD
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.8M
RESTAURANT
Est. value
$3.6M
AUTO REPAIR, GARAGE
Est. value
$2.8M
RETAIL STORES
Est. value
$2.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.5M
OFFICE BUILDING
Est. value
$2.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.4M
COMMERCIAL (GENERAL)
Est. value
$2.1M
INDUSTRIAL (GENERAL) Current
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1972
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
1
Buildings
1
Units
1
Lot
3.1 ac
Current owner
From public records · entity-resolved
Bgo Tsg 105 Forbes Owner
Individual
Mailing address
205 NEWBURY ST STE #4, BOSTON, MA 02116-2579
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 22, 2021
—
Bgo Tsg 110 Forbes Owner
—
Deed
related
$28,000,000 · Life Insurance Company Of The Southwest
Mar 18, 2021
$2,500,000
Bgo Tsg 105 Forbes Owner
James Campbell Co LLC
Quit Claim Arm's Length For Ne States
$28,000,000 · Life Ins Co Of The So
Oct 11, 2017
$2,350,000
Jcc Cabot Industrial 3
Newbury Street Real Est
Quit Claim Deed
$8,500,000 · Private Individual
May 9, 2007
$2,000,000
Newbury Street Re INC
Trinet Prop Partners LP
Grant Deed
$10,250,000 · Sovereign Bank
Dec 31, 1997
$2,000,000
Trinet Prop Ptnrs LP
Kd Mansfield RT
Grant Deed
—
Jan 11, 1996
$735,000
Ronald A Davis
Equitable Life Assur
Grant Deed
$1,300,000 · Boston Mutual Life Insurance
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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