Technical
Financial
Distress signals
Property profile

235-237 Boston Tpke Shrewsbury, MA 01545

OFF-MARKET
Motels
Property ID
US38-0306320
16,610 SF 2.97 ac lot Built 1957
Entity Owned 7-yr Hold Free & Clear
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Property profile

Verified
Property type Motels
Use group MOTEL
Year built 1957
Construction FRAME
Total area 16,610 SF
Lot 2.97 ac (129,373 SF)
Zoning code CB
APN SHRE M:32 B:115000
UPID US38-0306320

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

235-237 Boston Tpke Shrewsbury, MA 01545
Shrewsbury metro Census 739202 WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.13M
Blend (final) Blend
$1.20M

Owner & transaction history

since 2019
1 recorded transaction
2019
$2.3M

Zoning & alternative use

CB · Shrewsbury, MA
Top alternative use upside
Retail stores $2.0M +126.1%
Commercial (general) $1.3M +50.5%
Apartment house (5+ units) $1.1M +19.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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