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Property profile & analytics
OFF-MARKET
Office buildings
204 Main St, Shrewsbury, MA 01545-2102
Individually Owned
10-yr Hold
Property ID
US38-0537661
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1930
Construction
FRAME
Total area
2,008 SF
Lot
0.28 ac (12,197 SF)
Zoning code
RUB
APN
SHRE M:20 B:003000
UPID
US38-0537661
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
-
Beth Gordon Foster Care Service Social Service Agency
-
Emily Van Ness Foster Care Service Social Service Agency
-
Mrs. Marcy Paris Foster Care Service Social Service Agency
-
Sacred Spaces: Rolfing - Reiki - Wellness Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
David A Utter · 10 yrs held
David A Utter
since 2015
2 recorded transactions
Zoning & alternative use
RUB · Shrewsbury, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Shrewsbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Shrewsbury 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,703
Tax year 2024
Assessed value
$379,900
Assessed 2024
Previous assessed
$382,900
-0.8% YoY
Effective rate
1.24%
On assessed value
Assessed land
$222,600
Assessed improvement
$157,300
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1930
Construction
FRAME
Heating
STEAM
Buildings
1
Stories
2
Units
1
Rooms
7
Bathrooms
3
Total area
2,008 SF
Lot
0.28 ac (12,197 SF)
Zoning code
RUB
APN
SHRE M:20 B:003000
UPID
US38-0537661
Jurisdiction
SHREWSBURY
Zoning & alternative use
RUB · Shrewsbury, MA
Zoning RUB · permitted uses
RUB · Shrewsbury, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Shrewsbury. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1930
Construction
FRAME
Heating
STEAM
Stories
2
Buildings
1
Units
1
Rooms
7
Bathrooms
3
Lot
0.28 ac
Current owner
From public records · entity-resolved
David A Utter
Individual
Mailing address
204 MAIN ST, SHREWSBURY, MA 01545-2102
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 4, 2015
$258,000
David A Utter
Kerr,bruce
Quit Claim Deed
—
Feb 2, 2007
$120,000
Bruce Kerr
Vitikos Thomas A Est
Grant Deed
$114,000 · Countrywide Home Loans INC
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.
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