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Property profile & analytics
OFF-MARKET
Estimated value
$11,985,000
Life science properties
25 Forbes Blvd Foxboro, MA 02035-2873
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US38-0174544
Property profile
Verified
Property type
Life science properties
Use group
R&D FACILITY, LABS, PHARMA
Year built
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
98,920 SF
Lot
10.77 ac (469,141 SF)
APN
FOXB M:165 L:004
UPID
US38-0174544
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
-
Dorel Juvenile US Headquarters Industrial Manufacturer Production Facility
-
Thrive IT Consulting Firm Tech Support Center
-
Safety 1st Industrial Manufacturer Production Facility
-
American Electrical Testing Co Electric Utility Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$13.68M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$11.99M
Owner & transaction history
Ppf Ind 25 Forbes LLC · 5 yrs held
Ppf Ind 25 Forbes LLC
since 2020
Last sale
$11.1M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$17.6M
+283.3%
Office building
$17.4M
+278.1%
Industrial (general)
$13.2M
+187.7%
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 Foxboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Foxboro 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
by Request
ML approach
$13,675,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$17,630,000
Change: +283% · Conversion: Difficult
OFFICE BUILDING
$17,390,000
Change: +278% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$13,235,000
Change: +188% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$12,310,000
Change: +168% · Conversion: Difficult
AUTO REPAIR, GARAGE
$11,885,000
Change: +158% · Conversion: Difficult
RETAIL STORES
$11,315,000
Change: +146% · Conversion: Difficult
MEDICAL BUILDING
$11,315,000
Change: +146% · Conversion: Difficult
Blend value · Realmo final
$11.99M
Range $10.79M – $13.18M · ±10% · vs last sale $11.14M (Oct 20 2020)
Last sale anchor
$11.14M
Oct 20 2020
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
$121 / 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
$213,426
Tax year 2024
Assessed value
$11,863,600
Assessed 2024
Previous assessed
$11,863,600
+0.0% YoY
Effective rate
1.80%
On assessed value
Assessed land
$3,072,600
Assessed improvement
$8,791,000
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
Life science properties
Use group
R&D FACILITY, LABS, PHARMA
Status
Off-Market
Year built
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
5
Total area
98,920 SF
Lot
10.77 ac (469,141 SF)
APN
FOXB M:165 L:004
UPID
US38-0174544
Jurisdiction
FOXBORO
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
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
RESTAURANT
Est. value
$17.6M
OFFICE BUILDING
Est. value
$17.4M
INDUSTRIAL (GENERAL)
Est. value
$13.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$12.3M
AUTO REPAIR, GARAGE
Est. value
$11.9M
RETAIL STORES
Est. value
$11.3M
MEDICAL BUILDING
Est. value
$11.3M
RESTAURANT
OFFICE BUILDING
INDUSTRIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
RETAIL STORES
MEDICAL BUILDING
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
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
5
Lot
10.77 ac
Current owner
From public records · entity-resolved
Ppf Ind 25 Forbes LLC
Entity
Free & Clear · 5 yrs held
Mailing address
1585 BROADWAY #37, NEW YORK, NY 10036-0473
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 20, 2020
$19,000,000
Ppf Ind 25 Forbes LLC
Biv 25 Forbes LLC
Quit Claim Deed
—
Dec 5, 2018
—
Biv-25 Forbes LLC
—
Deed
related
$67,778,000 · Wells Fargo Bank NA
Jul 3, 2018
$15,250,000
Biv 25 Forbes LLC
Hillshire Realty Corp
Quit Claim Deed
related
—
Sep 17, 2009
$11,137,000
Hillshire Realty Corp
Keep Your Day Job LLC
Grant Deed
—
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.
Try Rey
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