3 FORBES RD
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Location
3 FORBES RD
Mblu
R3/ 9/ 3/ /
Acct#
001735
Owner
MASARAN GROUP LLC
Assessment
$2,824,900
Appraisal
$2,824,900
PID
1613
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2024$1,957,200$867,700$2,824,900
Assessment
Valuation YearImprovementsLandTotal
2024$1,957,200$867,700$2,824,900

Owner of Record
OwnerMASARAN GROUP LLC
Co-Owner
Address14 WHITEHORSE DR
RYE, NH 03870
Sale Price$1,395,000
Certificate
Book & Page 5611/0091
Sale Date04/21/2015
InstrumentUNKQ

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
MASARAN GROUP LLC$1,395,000 5611/0091UNKQ04/21/2015
RAPP PROPERTY 1 LLC$1,750,000 4643/20390004/18/2006
NIP-LOT 3, L L C$0 3356/16091N01/04/1999
FORBES REALTY TRUST$0 0/0  

Building Information
Building 1 : Section 1
Year Built: 1982
Living Area: 47,108
Replacement Cost: $2,791,292
Building Percent Good: 64
Replacement Cost
Less Depreciation:
$1,786,400
Building Attributes
FieldDescription
Style:Light Indust
ModelIndustrial
GradeAverage
Stories:2
Occupancy3.00
Exterior Wall 1Pre-finsh Metl
Exterior Wall 2Brick/Masonry
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Minim/Masonry
Interior Wall 2 
Interior Floor 1Concr-Finished
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseIND BLDG
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:4000
Heat/ACHeat Only
Frame TypeMasonry
Baths/PlumbingAverage
Ceiling/WallSusp-Ceil Only
Rooms/PrtnsAverage
Wall Height16.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 41,180 41,180
OFFOffice 5,928 5,928
CANCanopy 572 0
   47,680 47,108

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
A/CA/C COMMERCIAL6000.00 S.F.$7,7001
LDL1LOAD LEVELERS4.00 UNITS$9,0001

Land
Land Use
Use Code4022
DescriptionIND BLDG  
ZoneB2
NeighborhoodIN-G
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)3.66
Frontage0
Depth0
Assessed Value$867,700
Appraised Value$867,700

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1PAVING-ASPHALT  30000.00 S.F.$37,5001
LT1LIGHTS-IN W/PL  1.00 UNITS$9001
POD110-19 FTSM STORAGE  1.00 UNITS$5001
POD330-39 FT LG STORAGE  9.00 UNITS$13,5001
FEN6FENCE-6' CHAIN  234.00 L.F.$1,6001
DCK2COM TYPE  2.00 S.F.$1001
SOL1SOLAR PANELS  200.00 UNITS$100,0001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$1,957,200$867,700$2,824,900
2024$1,957,200$867,700$2,824,900
2023$1,957,200$312,700$2,269,900

Assessment
Valuation YearImprovementsLandTotal
2025$1,957,200$867,700$2,824,900
2024$1,957,200$867,700$2,824,900
2023$1,957,200$312,700$2,269,900

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