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    Property profile & analytics

    30 Forbes Rd Northborough, MA 01532-2501

    • Warehouses
    • 111,578 SF
    • 11.80 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Oct 08, 2024
    $19,100,000
    Location Intelligence
    Property ID
    US38-1509401
    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

    • Communications Test Design Inc / Computer Consultant
    • Aspen Aerogels Inc / Research And Product Development
    • ChargePoint Charging Station / Electric Vehicle Charging Station
    • Renewal by Andersen of Boston / Window Installation Service

    Property Details for 30 Forbes Rd

    Year built
    1979
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    11.80 lot acres
    Property size
    111,578 SF
    Zone code
    I
    Property type
    Warehouses
    APN
    NBOR M:0150 L:0018
    APU
    NBORM0150L0018

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Northborough
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.6298
    Latitude
    42.3481
    CBSA code
    49340
    CBSA name
    WORCESTER, MA-CT 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
    $151,222
    $2,424,500
    $8,165,300
    $10,589,800
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
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      301 Bartlett St

      WAREHOUSE, STORAGE • 220,336 SF
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      17,779 SF

      80 Lawrence St

      WAREHOUSE, STORAGE • 17,779 SF
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      18,000 SF

      34 Talbot Rd

      WAREHOUSE, STORAGE • 18,000 SF
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      75,230 SF

      435 Whitney St

      WAREHOUSE, STORAGE • 75,230 SF
      435 Whitney St, Northborough, MA 01532-1147
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    • Value Estimation by Request
      209,220 SF

      11 Forbes Rd

      WAREHOUSE, STORAGE • 209,220 SF
      11 Forbes Rd, Northborough, MA 01532-2501
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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      32,000 SF

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    • $325,000
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      Office/Industrial Condos For Sale

      Office/industrial condos for sale with immediate availability.
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    • $1,500,000
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      Mixed-Use Property with Residential Units

      Versatile property with retail space and townhouse-style condominiums.
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    • $333,336
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      Northborough Land For Sale

      Residential land available in Northborough, Massachusetts.
      343 Newton St, Northborough, MA 01532
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    • $1,395,000

      Mixed-Use Flex Space Available

      Fully leased mixed-use property with flex, retail, office, apartment.
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    Similar Nearby for Lease

    • $4,600 /Mo
      3,500 SF

      Northborough Warehouse with Office Space

      3,500 SF warehouse with office space available for lease.
      329 W Main St, Northborough, MA 01532
      View Details
    • Contact for pricing
      27,533 SF

      Northborough Warehouse Space Available

      27,533 SF warehouse with loading docks and ample parking.
      360 Cedar Hill Rd, Northborough, MA 01532
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    • $4,000 /Mo
      4,116 SF

      Renovated Showroom and Storage Space

      Renovated commercial units with showroom and storage space available.
      168 Main St, Northborough, MA 01532
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    • $15 SF/Yr
      17,505 SF

      Northborough Industrial Flex Space

      17,505 SF Flex Warehouse, 5 Acres
      100 Bearfoot Rd, Northborough, MA 01532
      View Details
    • Contact for pricing
      5,800 SF

      Northborough Flex/Industrial/Office Space For Lease

      Versatile space suitable for office, flex, industrial, or warehouse uses.
      10 Bearfoot Rd, Northborough, MA 01532
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    • Contact for pricing
      1,959 SF

      Northborough Flex Space Available

      Premier flex space in an amenity-rich location near major routes.
      333 SW Cutoff, Northborough, MA 01532
      View Details
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    30 Forbes Rd
    Northborough, MA 01532-2501
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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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