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    Property profile & analytics

    420 Boston Tpke Shrewsbury, MA 01545-3464

    • Industrial properties
    • 15.26 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    May 09, 2024
    $34,814,815
    Location Intelligence
    Property ID
    US38-0410736
    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

    • Commerce Park Office Retail and Commercial Space for Rent / Self-Storage Facility / Office Space Rental Agency
    • HMHI (Home Maintenance Home Improvement) / Contractor
    • Hospitality Benefits Spec / Insurance Agency
    • Safeway Express Inc / Trucking Company
    • Alex Lyon & Son Sales Managers / Auction House

    Property Details for 420 Boston Tpke

    Lot size
    15.26 lot acres
    Zone code
    CB
    Property type
    Industrial properties
    APN
    SHRE M:33 B:079000
    APU
    SHREM33B079000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Shrewsbury
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.7274
    Latitude
    42.275
    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
    $97,361
    $3,795,500
    $4,068,900
    $7,864,400
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      12,000 SF

      175 Memorial Dr

      Flex space • 12,000 SF
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    • Value Estimation by Request
      9.45 Acres

      574 Hartford Tpke

      INDUSTRIAL (GENERAL) • 9.45 Acres
      574 Hartford Tpke, Shrewsbury, MA 01545-4048
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    • Value Estimation by Request
      16.35 Acres

      173-175 Memorial Dr

      INDUSTRIAL (GENERAL) • 16.35 Acres
      173-175 Memorial Dr, Shrewsbury, MA 01545
      View Details
    • Value Estimation by Request
      9.96 Acres

      167-169 Memorial Dr

      INDUSTRIAL (GENERAL) • 9.96 Acres
      167-169 Memorial Dr, Shrewsbury, MA 01545
      View Details
    • Value Estimation by Request
      682,000 SF

      333 South St

      Manufacturing properties • 682,000 SF
      333 South St, Shrewsbury, MA 01545
      View Details
    • Value Estimation by Request
      17.30 Acres

      15 Fortune Blvd

      INDUSTRIAL (GENERAL) • 17.30 Acres
      15 Fortune Blvd, Shrewsbury, MA 01545-4388
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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      80,000 SF

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      Retail space available in Shrewsbury with high traffic count.
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      Prime Cafe/Office Space Available

      Highly visible cafe or office space in Shrewsbury, MA.
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    • $15 SF/Yr
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      Prime Commercial Space on Route 9

      High-visibility commercial spaces ideal for retail or office use.
      624 Boston Tpke, Shrewsbury, MA 01545
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    • Contact for pricing
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      Shrewsbury Restaurant Space Available

      Prime location, 16,851 sq ft, fully vacant.
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    • Contact for pricing
      3,000 SF

      Grocery Anchored Shopping Center Space

      Retail space available in a prominent shopping center.
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    • $28 SF/Yr
      6,400 SF

      Shrewsbury Medical Office Space

      Modern, single-tenant office suite.
      274 Walnut St, Shrewsbury, MA 01545
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    Property Visit Statistics

    • Visits by month
      1.7k
    • Visitors by month
      5.5k
    • Avg Time on site
      36 min
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    420 Boston Tpke
    Shrewsbury, MA 01545-3464
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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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