Property profile

240 Boston Tpke Shrewsbury, MA 01545

OFF-MARKET
Retail space
Property ID
US38-0735640
1,890 SF 0.11 ac lot Built 1942
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1942
Construction FRAME
Total area 1,890 SF
Lot 0.11 ac (4,792 SF)
Zoning code LB
APN SHRE M:32 B:431000
UPID US38-0735640

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Hardware & Home Improvement Building Supply
  • Hardware & Home Improvement Building Supply

Location

240 Boston Tpke Shrewsbury, MA 01545-5225
Shrewsbury metro Census 739201 WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$460k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$515k

Owner & transaction history

since 2022
Last sale
$450,000
4 recorded transactions
2022
$450,000
2009
$1
2003
Price N/A
1969
Price N/A

Zoning & alternative use

LB · Shrewsbury, MA

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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