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    Property profile & analytics

    235-237 Boston Tpke Shrewsbury, MA 01545

    • Motels
    • 16,610 SF
    • 2.97 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US38-0306320
    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

    • Motels

    Property Details for 235-237 Boston Tpke

    Year built
    1957
    Construction
    FRAME
    Lot size
    2.97 lot acres
    Property size
    16,610 SF
    Zone code
    CB
    Property type
    Motels
    APN
    SHRE M:32 B:115000
    APU
    SHREM32B115000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Shrewsbury
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.7429
    Latitude
    42.2763
    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
    $23,097
    $823,500
    $1,042,200
    $1,865,700
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $365,000
      1,656 SF

      845 Hartford Tpke

      MOTEL • 1,656 SF
      845 Hartford Tpke, Shrewsbury, MA 01545-4148
      View Details
    • Value Estimation by Request
      48,026 SF

      889 Boston Tpke

      MOTEL • 48,026 SF
      889 Boston Tpke, Shrewsbury, MA 01545-3302
      View Details
    • Value Estimation by Request
      2.54 Acres

      936 Hartford Tpke

      VACANT COMMERCIAL LAND • 2.54 Acres
      936 Hartford Tpke, Shrewsbury, MA 01545-4108
      View Details
    • Value Estimation by Request
      3.00 Acres

      835 Hartford Tpke

      COMMERCIAL (GENERAL) • 3.00 Acres
      835 Hartford Tpke, Shrewsbury, MA 01545-4148
      View Details
    • Value Estimation by Request
      64.90 Acres

      274 Holden St, Unit 378

      INDUSTRIAL - VACANT LAND • 64.90 Acres
      274 Holden St, Shrewsbury, MA 01545-1249
      View Details
    • Value Estimation by Request
      2.13 Acres

      52 Quinsigamond Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2.13 Acres
      52 Quinsigamond Ave, Shrewsbury, MA 01545-3517
      View Details

    Similar Nearby for Sale

    • $12,500,000

      Shrewsbury Route 9 Development Opportunity

      25 acres of land with commercial and residential zoning.
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      1,520 SF

      Shrewsbury Multifamily Property For Sale

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    • $6,950,000
      36,900 SF

      Shrewsbury Flex Space - Route 9

      Class A industrial building, 36,900 SF, excellent location.
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    • $999,999

      Shrewsbury Multi-Family Opportunity

      Rare multi-family property with bonus unit in desirable Shrewsbury neighborhood.
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    • $729,900
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      Shrewsbury Waterfront Office Building

      Lakefront Office, 8 Units, Great Location
      105 Hartford Tpke, Shrewsbury, MA 01545
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      Two-family property with a heated barn in town center.
      19 Grafton St, Shrewsbury, MA 01545
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    Similar Nearby for Lease

    • Contact for pricing
      80,000 SF

      Retail Space on Boston Turnpike

      Retail space available in Shrewsbury with high traffic count.
      539 Boston Tpke, Shrewsbury, MA 01545
      View Details
    • Contact for pricing
      16,851 SF

      Shrewsbury Restaurant Space Available

      Prime location, 16,851 sq ft, fully vacant.
      7 Boston Tpke, Shrewsbury, MA 01545
      View Details
    • Contact for pricing
      3,000 SF

      Grocery Anchored Shopping Center Space

      Retail space available in a prominent shopping center.
      20 Boston Tpke, Shrewsbury, MA 01545
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    • $28 SF/Yr
      6,400 SF

      Shrewsbury Medical Office Space

      Modern, single-tenant office suite.
      274 Walnut St, Shrewsbury, MA 01545
      View Details
    • Contact for pricing
      16,851 SF

      Worcester County Restaurant Space

      Prime Retail Location, Redevelopment Potential.
      7 Boston Tpke, Shrewsbury, MA 01545
      View Details
    • $15 SF/Yr

      Prime Commercial Land For Rent

      Commercial land on Route 9, ideal for retail/office.
      630 Boston Tpke, Shrewsbury, MA 01545
      View Details
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    Shrewsbury, MA 01545
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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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