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    Property profile & analytics

    170 Forbes Blvd Mansfield, MA 02048-1149

    • Industrial properties
    • 23,309 SF
    • 2.43 lot acres
    OFF-MARKET
    Value Estimation
    $3,695,000
    Last Sale
    May 18, 2023
    $3,950,000
    Location Intelligence
    Property ID
    US38-0936888
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Teknova / Laboratory
    • Community Servings / Distribution Service
    • Stanberry LLC / Italian Restaurant

    Property Details for 170 Forbes Blvd

    Year built
    1980
    Construction
    STEEL FRAME
    Lot size
    2.43 lot acres
    Property size
    23,309 SF
    Property type
    Industrial properties
    APN
    MANS M:044 B:216
    APU
    MANSM044B216

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,540,000

    • CAP approach

      CAP return
      Estimation
      6%
      $4,295,000
      6.5%
      $3,840,000
      7%
      $4,275,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $4,350,000
      Geo Method
      $4,555,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,915,000
      Retail
      $4,455,000
      Mixed-Use
      $3,405,000
      Hospitality
      $3,595,000
      Educational
      $3,895,000
      Residential Income
      $4,270,000
      Energy
      $4,625,000
      Income-Based Land
      $3,810,000
      Food Service
      $3,725,000

    Location Insight

    • Map
    • Local Demand
    City
    Mansfield
    County
    Bristol
    State
    Massachusetts
    Longitude
    -71.2414
    Latitude
    42.0284
    CBSA code
    39300
    CBSA name
    PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $51,809
    $681,100
    $2,035,700
    $2,716,800
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      82,042 SF

      19 Hampshire St

      INDUSTRIAL (GENERAL) • 82,042 SF
      19 Hampshire St, Mansfield, MA 02048
      View Details
    • Value Estimation by Request
      52,082 SF

      111 Forbes Blvd

      INDUSTRIAL (GENERAL) • 52,082 SF
      111 Forbes Blvd, Mansfield, MA 02048-1124
      View Details
    • Value Estimation by Request
      43,813 SF

      360 Forbes Blvd

      INDUSTRIAL (GENERAL) • 43,813 SF
      360 Forbes Blvd, Mansfield, MA 02048-1806
      View Details
    • Value Estimation by Request
      42,574 SF

      89 Forbes Blvd

      INDUSTRIAL (GENERAL) • 42,574 SF
      89 Forbes Blvd, Mansfield, MA 02048-1281
      View Details
    • Value Estimation
      $265,000
      3,800 SF

      125 High St Ste, Unit 5

      CONDOMINIUMS (INDUSTRIAL) • 3,800 SF
      125 High St Ste, Mansfield, MA 02048-2165
      View Details
    • Value Estimation by Request
      24.50 Acres

      440 Forbes Blvd

      INDUSTRIAL (GENERAL) • 24.50 Acres
      440 Forbes Blvd, Mansfield, MA 02048-1806
      View Details

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      51,202 SF

      Warehouse/Distribution Space Available

      51,202 SF warehouse/distribution space available for lease.
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      5,354 SF

      Versatile Flex Space in Mansfield

      Adaptable space suitable for office, flex, industrial, or lab.
      171 Forbes Blvd, Mansfield, MA 02048
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    • Contact for pricing
      124,803 SF

      Spacious Flex/Industrial Space Available

      124,803 SF flex/industrial space for lease in Mansfield, MA.
      100 Hampshire St, Mansfield, MA 02048
      View Details
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    170 Forbes Blvd
    Mansfield, MA 02048-1149
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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