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Property profile & analytics
OFF-MARKET
Estimated value
$810,000
Investment properties
30 Floral St, Shrewsbury, MA 01545-3221
Trust Owned
8-yr Hold
Property ID
US38-0976086
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
2004
Construction
FRAME
Total area
9,707 SF
Lot
0.6 ac (26,136 SF)
Zoning code
RA
APN
SHRE M:29 B:069000
UPID
US38-0976086
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
-
Little Beginnings Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$902k
Blend (final)
Blend
$810k
Owner & transaction history
Mdm Realty Trust · 8 yrs held
Mdm Realty Trust
since 2018
7 recorded transactions
Zoning & alternative use
RA · Shrewsbury, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.3M
+23.6%
Neighborhood: shopping center
$1.2M
+14.7%
Apartment house (5+ units)
$1.2M
+9.0%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,070,000
Current use
OFFICE BUILDING
$1,320,000
Change: +24% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,225,000
Change: +15% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,165,000
Change: +9% · Conversion: Moderate
WAREHOUSE, STORAGE
$975,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$810k
Range $729k – $891k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$83 / SF
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
$14,417
Tax year 2024
Assessed value
$1,164,500
Assessed 2024
Previous assessed
$1,154,900
+0.8% YoY
Effective rate
1.24%
On assessed value
Assessed land
$238,900
Assessed improvement
$925,600
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
2004
Construction
FRAME
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
3
Units
1
Rooms
4
Bathrooms
7
Total area
9,707 SF
Lot
0.6 ac (26,136 SF)
Zoning code
RA
APN
SHRE M:29 B:069000
UPID
US38-0976086
Jurisdiction
SHREWSBURY
Zoning & alternative use
RA · Shrewsbury, MA
Zoning RA · permitted uses
RA · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.1M
OFFICE BUILDING
Est. value
$1.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.2M
WAREHOUSE, STORAGE
Est. value
$975,000
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
APARTMENT HOUSE (5+ UNITS)
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2004
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
3
Buildings
1
Units
1
Rooms
4
Bathrooms
7
Lot
0.6 ac
Current owner
From public records · entity-resolved
Mdm Realty Trust
Trust
Mailing address
30 FLORAL ST, SHREWSBURY, MA 01545-3221
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 8, 2019
—
Mdm Trust
—
Deed
related
$125,000 · Brendan M Palumbo
Oct 19, 2018
—
Mdm RT
—
Deed
related
$850,000 · Central One FCU
Mar 26, 2018
—
Mdm Realty Trust
Muntz,edgar
Quit Claim Deed
related
—
Mar 7, 2011
$5,690
Shrewsbury Town Of
Muntz,edgar R JR
Grant Deed
—
May 21, 2004
—
Edgar Muntz
—
Deed Of Trust
related
$100,000 · Henry Cormier
Dec 10, 2003
—
Edgar Muntz
—
Deed Of Trust
related
$5,500,000 · Cormier Henry
Sep 20, 2002
—
Edgar R Muntz JR.
—
Deed Of Trust
related
$150,000 · Salem Five Cents Savings Bank
Sep 9, 2002
$250,000
Edgar Muntz
Howe,frank E 3rd
Grant Deed
—
Jan 25, 2001
—
Frank E Howe 3rd
—
Deed Of Trust
related
$35,000 · Provident Savings Bank
Nov 27, 2000
—
Frank E Howe 3rd
—
Deed Of Trust
related
$135,700 · First Mortgage Network INC
Apr 11, 2000
—
Frank E Howe 3rd
—
Deed Of Trust
related
$132,000 · Champion Mortgage Co INC
Dec 8, 1989
—
Frank Howe III
—
Deed Of Trust
related
$42,500 · Dartmouth Plan INC
Apr 24, 1989
—
Frank Howe III
—
Deed Of Trust
related
$25,000 · Worc County Inst Savings
—
—
Mdm Trust
—
Deed Of Trust
related
$125,000 · Brendan M Palumbo
—
—
Edgar R Muntz
—
Deed Of Trust
related
$51,000 · Henry Cormier
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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