Property profile

241 Francis Ave Mansfield, MA 02048

OFF-MARKET
Other warehouses
Saved · see the list in your Dashboard
Property ID
US38-0760617
349,000 SF 61.7 ac Built 1974
Last sale Jul 2021·$50,000,000
Individually Owned Owner of record is an individual. 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

The property consists of approximately 15,000 square feet of flex space within a larger building totaling about 350,000 square feet, located roughly 2.5 miles from both I-95 and I-495. The space is configured for laboratory use, including suitability for BSL-1 and BSL-2 environments as well as chemistry suites, and includes features such as chemical fume hoods, a chemical storage area, emergency eyewash and shower stations, separate office spaces, private rooms, and conference rooms. Ceiling…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$409k
Tax billed · 2024
Assessed value$21.43M
Assessed land$4.85M
Assessed improvement$16.59M
Effective rate1.91%

Value estimate

· Nov 2026
$55.25M
$49.72M – $60.77M
CAP approach$69.56M
Submarket $/SF estimate$40.35M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$132/SF
County average, outlier-cleaned · 54 recorded sales of this use type
Observed band · Q1–Q3$73 – $190

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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency20.6
Dental Office19.4
Restaurant15.9

Location

241 Francis Ave Mansfield, MA 02048-1548
County assessor Recorded deeds · 9 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 · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
100 Hampshire, Mansfield, MA 02048-1130 $31,125,880 Dec 2023 124,840 SF
550 Forbes, Mansfield, MA 02048-2038 $36,000,000 Feb 2023 230,394 SF
130 Forbes, Mansfield, MA 02048-1145 $22,400,000 Jun 2022 97,297 SF
60 Maple, Mansfield, MA 02048-1876 $35,000,000 Jun 2022 116,374 SF
600 Ww, Mansfield, MA 02048-1105 $22,500,000 May 2022 91,200 SF
575 Ww, Mansfield, MA 02048-1152 $20,575,000 Aug 2021 164,823 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
You own 241 Francis Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
Why this one?
Saved