10 FORBES DRIVE
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Location
10 FORBES DRIVE
Mblu
14/ 9/ 1/A /
Acct#
86541
Owner
MODERNA NORWOOD REAL ESTATE, LLC
Assessment
$16,288,900
Appraisal
$16,288,900
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2026$3,750,300$12,538,600$16,288,900
Assessment
Valuation YearImprovementsLandTotal
2026$3,750,300$12,538,600$16,288,900

Owner of Record
OwnerMODERNA NORWOOD REAL ESTATE, LLC
Co-OwnerC/O MODERNA INC
Address325 BINNEY STREET
CAMBRIDGE, MA 02142
Sale Price$259,439,000
Certificate
Book & Page 42167/499
Sale Date12/18/2024
Instrument1V

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
MODERNA NORWOOD REAL ESTATE, LLC$259,439,000 42167/4991V12/18/2024
ARE-MA REGION NO 100 LLC$22,500,000 40134/3491T12/06/2021
TOWN OF NORWOOD$13,000,000 35730/05211E01/10/2018
TRUMBULL CENTER LTD PSHP ET AL$33,000,000 12702/00941G07/31/1998

Building Information
Building 1 : Section 1
Year Built: 1915
Living Area: 16,960
Replacement Cost: $4,480,177
Building Percent Good: 81
Replacement Cost
Less Depreciation:
$3,628,900
Building Attributes
FieldDescription
Style:Office
ModelCommercial
GradeSuperior
Stories:1
Occupancy1.00
Exterior Wall 1Brick/Masonry
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverSlate
Interior Wall 1Plastered
Interior Wall 2 
Interior Floor 1Vinyl/Asphalt
Interior Floor 2Carpet
Heating FuelGas
Heating TypeHot Water
AC TypeCentral
Struct Class 
Bldg UseR & D FACIL
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:3400
Heat/ACHEAT/AC SPLIT
Frame TypeMASONRY
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height12.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSUpper Story, Finished 7,157 7,157
BASFirst Floor 5,579 5,579
FHSHalf Story, Finished 3,764 3,011
SFBBase, Semi-Finished 1,617 1,213
FEPPorch, Enclosed, Finished 132 0
FOPPorch, Open, Finished 1,198 0
UBMBasement, Unfinished 4,028 0
   23,475 16,960

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
ELVELEVATOR3.00 STOP$48,6001

Land
Land Use
Use Code3400
DescriptionOFFICE BLD  
ZoneLM
NeighborhoodIW
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)26.87
Frontage
Depth
Assessed Value$12,538,600
Appraised Value$12,538,600

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
STB2W/IMPROVEMENTS  1001.00 S.F.$12,5001
FGR1GARAGE-AVE  576.00 S.F.$7,2001
PAV1PAVING-ASPHALT  50000.00 S.F.$50,0001
LT1LIGHTS-IN W/PL  9.00 UNITS$3,1001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2026$3,750,300$12,538,600$16,288,900
2025$3,750,300$12,059,700$15,810,000
2024$3,750,300$12,059,700$15,810,000

Assessment
Valuation YearImprovementsLandTotal
2026$3,750,300$12,538,600$16,288,900
2025$3,750,300$12,059,700$15,810,000
2024$3,750,300$12,059,700$15,810,000

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