New search
Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Auto shops
384 Hartford Tpke, Shrewsbury, MA 01545-4023
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US38-1013244
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1952
Construction
STEEL FRAME
Total area
19,000 SF
Lot
1.18 ac (51,401 SF)
Zoning code
CB
APN
SHRE M:53 B:079000
UPID
US38-1013244
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
-
Mitchell Drivetrain Svc Inc Auto Repair Shop Big Box & Wholesale Store
-
Mitchell Differential Inc Auto Repair Shop Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$395k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$703k
Blend (final)
Blend
$550k
Owner & transaction history
Fortitude & Providence LLC · 5 yrs held
Fortitude & Providence LLC
since 2020
7 recorded transactions
Zoning & alternative use
CB · Shrewsbury, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$395,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$550k
Range $495k – $605k · ±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
$29 / 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
$11,401
Tax year 2024
Assessed value
$920,900
Assessed 2024
Previous assessed
$920,900
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$270,900
Assessed improvement
$650,000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1952
Construction
STEEL FRAME
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
2
Total area
19,000 SF
Lot
1.18 ac (51,401 SF)
Zoning code
CB
APN
SHRE M:53 B:079000
UPID
US38-1013244
Jurisdiction
SHREWSBURY
Zoning & alternative use
CB · Shrewsbury, MA
Zoning CB · permitted uses
CB · 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.
Building & site characteristics
From public records
Year built
1952
Construction
STEEL FRAME
Heating
HOT WATER
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
2
Lot
1.18 ac
Current owner
From public records · entity-resolved
Fortitude & Providence LLC
Entity
Mailing address
384 HARTFORD TPKE, SHREWSBURY, MA 01545-4023
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 30, 2026
—
Mitchell Drtrain Svc INC
—
Deed
related
$1,348,567 · Millbury National Bank
Oct 19, 2022
—
Mitchell Drtrain Svc INC
—
Deed
related
$1,110,000 · Millbury National Bank
Oct 22, 2020
—
Fortitude & Providence LLC
Mitchell Drtrain Svc INC
Quit Claim Deed
related
—
Dec 6, 2019
—
Mitchell Drivetrain Svc
—
Deed
related
$870,000 · Millbury National Bank
Dec 19, 2014
$799,000
Mitchell Drive Service
Johnston Richard D Est
Quit Claim Deed
related
$800,000 · Millbury National Bank
Nov 2, 2000
—
Hurley
—
Deed Of Trust
related
$400,000 · Strata Bank
Jun 25, 1997
—
Hurley
—
Deed Of Trust
related
$2,000,000 · Misc Other
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 384 Hartford Tpke?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
