875 Main StMansfield, MA 02048

Property Details for 875 Main St

Lot size

10.40 AC

Property size (Sq ft)

2,400 SF

Property type

Parking lots & garages

APN

MANS M:016 B:012

APU

MANSM016B012

Description

This exceptional 17.8-acre parcel of vacant industrial land presents a unique investment opportunity in Mansfield, Massachusetts. Strategically located in Bristol County, the property boasts an enviable position directly adjacent to the Xfinity Center concert venue, ensuring high visibility and accessibility. Its proximity to major transportation arteries is a significant advantage; it's less than a quarter-mile from Interstate 495 and just one mile from Interstate 95, providing seamless connectivity throughout Southeastern Massachusetts. The property is zoned Industrial 1, allowing for a wide range of development possibilities. Its central location offers easy access to key regional destinations, including Boston (30-minute drive), Cape Cod (30-minute drive), the Massachusetts Turnpike (30-minute drive), and Providence (20-minute drive). This versatile site is available for lease or build-to-suit, catering to diverse development needs. The address is 875 South Main Street, Mansfield, MA 02048. This presents a rare chance to acquire a significant industrial landholding in a high-demand location with excellent infrastructure and accessibility. The property's size and location make it ideal for a variety of industrial uses, offering substantial potential for future growth and return on investment. Consider the possibilities this prime location offers for your business.

• CAP approach

  CAP return

  Valuation

  6%

  $583,284

  6.5%

  $538,416

  7%

  $499,958

• Comparable approach

  Method

  Valuation

  Relative Method

  $790,232

  Geo Method

  $790,232

• Alternative Use

  Use

  Valuation

  Residential

  $454,174

  Hospitality

  $416,021

  Educational

  $346,124

  Medical

  $358,028

  Retail

  $538,416

Location Insight

City

Mansfield

County

Bristol

State

Massachusetts

Latitude

41.9959

Longitude

-71.2128

CBSA code

39300

CBSA name

PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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