Property profile

366 Shrewsbury St Worcester, MA 01604

OFF-MARKET
Showrooms
Property ID
US38-1127306
14,185 SF 1.42 ac lot Built 2015
Entity Owned 18-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 2015
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 14,185 SF
Lot 1.42 ac (61,855 SF)
Zoning code BG-2
APN WORC M:16 B:022 L:00008
UPID US38-1127306

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
  • Pediatrician Physician
  • Physician
  • Physician
  • Physician
  • Physician

Location

366 Shrewsbury St Worcester, MA 01604-4647
Worcester metro Census 731801 WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.10M
Blend (final) Blend
$1.85M

Owner & transaction history

since 2007
4 recorded transactions
2009
Price N/A
2007
$2.5M
2007
Price N/A
2007
$2.5M

Zoning & alternative use

BG-2 · Worcester, MA
Top alternative use upside
Restaurant $3.0M +87.7%
Auto repair, garage $2.4M +54.2%
Retail stores $2.1M +31.8%

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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