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Property profile & analytics
OFF-MARKET
Estimated value
$2,320,000
Office buildings
415 Boston Tpke, Shrewsbury, MA 01545-3446
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US38-0203639
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1972
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
38,070 SF
Lot
1.72 ac (74,923 SF)
Zoning code
CB
APN
SHRE M:33 B:052006
UPID
US38-0203639
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
-
East Coast Pest Control Garden Center
-
ROLLINS COUNSELING CENTER Crisis Center Medical Clinic
-
Simoncini Jr Joseph A Tax Preparation
-
Reilly Massage Therapy Alternative Medicine Practice Spa & Massage Center
-
Holistic Wellness Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.84M
Blend (final)
Blend
$2.32M
Owner & transaction history
415 Bt Offices LLC · 7 yrs held
415 Bt Offices LLC
since 2018
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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.32M
Range $2.09M – $2.55M · ±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
$61 / 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
$42,200
Tax year 2024
Assessed value
$3,408,700
Assessed 2024
Previous assessed
$3,517,100
-3.1% YoY
Effective rate
1.24%
On assessed value
Assessed land
$610,900
Assessed improvement
$2,797,800
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1972
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
ELECTRIC
Cooling
YES
Buildings
1
Stories
3
Units
19
Bathrooms
7
Total area
38,070 SF
Lot
1.72 ac (74,923 SF)
Zoning code
CB
APN
SHRE M:33 B:052006
UPID
US38-0203639
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
1972
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
ELECTRIC
Cooling
Yes
Stories
3
Buildings
1
Units
19
Bathrooms
7
Lot
1.72 ac
Current owner
From public records · entity-resolved
415 Bt Offices LLC
Entity
Mailing address
352 W BOYLSTON ST, WEST BOYLSTON, MA 01583-2342
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 13, 2018
$3,880,000
415 Bt Offices LLC
Shrewspike LLC
Quit Claim Arm's Length For Ne States
$3,492,000 · Athol Savings Bank
Dec 15, 2010
$4,240,000
Shrewspike LLC
415 Boston Turnpike LLC
Grant Deed
$735,340 · 415 Boston Tpke LLC
Sep 28, 2006
$750,000
415 Boston Tpke LLC
415 Tpke LLC
Grant Deed
$2,650,000 · Ids LLC
Sep 10, 2004
$2,700,000
415 Tpke LLC
Shrewsbury Tpke Rlty
Grant Deed
$1,800,000 · Flagship Bank & Trust
Jul 26, 1999
—
Tpke Rlty Shrewsbury
—
Deed Of Trust
related
$2,100,000 · Family Bank
Jan 12, 1989
$625,000
Shrewsbury Vlg Dev Ltd
Dalessandro,guido
Grant Deed
—
—
—
Shrewspike LLC
—
Deed Of Trust
related
$2,700,000 · Rockland Tr
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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