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    Property profile & analytics

    376 Boston Tpke Shrewsbury, MA 01545-3850

    • Auto shops
    • 8,196 SF
    • 0.95 lot acres
    OFF-MARKET
    Value Estimation
    $4,750,000
    Last Sale
    Mar 20, 2025
    $5,500,000
    Location Intelligence
    Property ID
    US38-0552092
    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

    • Town Fair Tire / Tire Shop / Used Tire Shop

    Property Details for 376 Boston Tpke

    Year built
    1999
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.95 lot acres
    Property size
    8,196 SF
    Zone code
    CB
    Property type
    Auto shops
    APN
    SHRE M:33 B:061000
    APU
    SHREM33B061000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $4,690,000

    • CAP approach

      CAP return
      Estimation
      6%
      $5,470,000
      6.5%
      $5,845,000
      7%
      $5,765,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $5,150,000
      Geo Method
      $4,895,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $5,145,000
      Retail
      $4,510,000
      Mixed-Use
      $5,480,000
      Hospitality
      $4,875,000
      Educational
      $4,505,000
      Residential Income
      $4,920,000
      Energy
      $4,440,000
      Income-Based Land
      $5,530,000
      Food Service
      $4,475,000

    Location Insight

    • Map
    • Local Demand
    City
    Shrewsbury
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.7304
    Latitude
    42.2757
    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
    $11,880
    $367,600
    $592,000
    $959,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      6,000 SF

      144 Hartford Tpke

      AUTO REPAIR, GARAGE • 6,000 SF
      144 Hartford Tpke, Shrewsbury, MA 01545
      View Details
    • Value Estimation by Request
      7,360 SF

      542 Boston Tpke

      AUTO REPAIR, GARAGE • 7,360 SF
      542 Boston Tpke, Shrewsbury, MA 01545-5970
      View Details
    • Value Estimation by Request
      10,112 SF

      287 Grafton St

      AUTO REPAIR, GARAGE • 10,112 SF
      287 Grafton St, Shrewsbury, MA 01545-5405
      View Details
    • Value Estimation
      $430,000
      6,628 SF

      753 Grafton St

      AUTO REPAIR, GARAGE • 6,628 SF
      753 Grafton St, Shrewsbury, MA 01545-4021
      View Details
    • Value Estimation by Request
      22,234 SF

      315 Ss St

      AUTO REPAIR, GARAGE • 22,234 SF
      315 Ss St, Shrewsbury, MA 01545
      View Details
    • Value Estimation
      $900,000
      3,077 SF

      67 Boston Tpke

      AUTO REPAIR, GARAGE • 3,077 SF
      67 Boston Tpke, Shrewsbury, MA 01545-3602
      View Details

    Similar Nearby for Sale

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      Retail Property and Business Included

      Turnkey retail property and business for sale in Shrewsbury.
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      Turnkey Commercial Properties on Route 20

      Two commercial properties on the Shrewsbury line, offered at one price.
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    • $5,300,000
      0.84 Acres

      Luxury Apartments with Retail Space

      High-end, fully rented 14-unit apartment building with retail space.
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    • $729,900
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      Shrewsbury Waterfront Office Building

      Lakefront Office, 8 Units, Great Location
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    • $825,000

      Versatile Two-Family Property with Barn

      Two-family property with a heated barn in town center.
      19 Grafton St, Shrewsbury, MA 01545
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      Shrewsbury Route 9 Development Opportunity

      25 acres of land with commercial and residential zoning.
      701 Boston Tpke, Shrewsbury, MA 01545
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    Similar Nearby for Lease

    • 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
      View Details
    • 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

      Worcester County Restaurant Space

      Prime Retail Location, Redevelopment Potential.
      7 Boston Tpke, Shrewsbury, MA 01545
      View Details
    • $3,200 /Mo
      36,590 SF

      Commercial Space in Shrewsbury, MA

      New commercial space for lease in Shrewsbury, Massachusetts.
      34-36 Harrington Ave, Shrewsbury, MA 01545
      View Details
    • $15 SF/Yr
      720 SF

      Prime Commercial Space on Route 9

      High-visibility commercial spaces ideal for retail or office use.
      624 Boston Tpke, Shrewsbury, MA 01545
      View Details

    Property Visit Statistics

    • Visits by month
      4.4k
    • Visitors by month
      3.5k
    • Avg Time on site
      31 min
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    376 Boston Tpke
    Shrewsbury, MA 01545-3850
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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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