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Property profile & analytics
OFF-MARKET
Estimated value
$1,725,000
Car washes
420 Hartford Tpke, Shrewsbury, MA 01545-4001
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US38-0349942
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
6,811 SF
Lot
1.62 ac (70,567 SF)
Zoning code
LI
APN
SHRE M:54 B:014000
UPID
US38-0349942
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
-
Prestige Car Wash Car Wash
-
Clean and Green Car Wash Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.72M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.73M
Owner & transaction history
Ny Cap Inv Grp LLC · 4 yrs held
Ny Cap Inv Grp LLC
since 2022
Last sale
$1.8M
7 recorded transactions
Zoning & alternative use
LI · Shrewsbury, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.3M
+22.9%
Retail stores
$1.1M
+2.3%
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
$1,690,000
ML approach
$1,720,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,045,000
Current use
RESTAURANT
$1,285,000
Change: +23% · Conversion: Difficult
RETAIL STORES
$1,070,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$1.73M
Range $1.55M – $1.90M · ±10% · vs last sale $1.75M (Mar 1 2022)
Last sale anchor
$1.75M
Mar 1 2022
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
$253 / 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
$9,499
Tax year 2024
Assessed value
$767,300
Assessed 2024
Previous assessed
$773,500
-0.8% YoY
Effective rate
1.24%
On assessed value
Assessed land
$252,500
Assessed improvement
$514,800
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
Car washes
Use group
CAR WASH
Status
Off-Market
Year built
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
GAS
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
2
Total area
6,811 SF
Lot
1.62 ac (70,567 SF)
Zoning code
LI
APN
SHRE M:54 B:014000
UPID
US38-0349942
Jurisdiction
SHREWSBURY
Zoning & alternative use
LI · Shrewsbury, MA
Zoning LI · permitted uses
LI · 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.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$1.0M
RESTAURANT
Est. value
$1.3M
RETAIL STORES
Est. value
$1.1M
AUTO REPAIR, GARAGE Current
RESTAURANT
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
GAS
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
2
Lot
1.62 ac
Current owner
From public records · entity-resolved
Ny Cap Inv Grp LLC
Entity
Mailing address
500 TPKE ST, CANTON, MA 02021-2747
Ownership since
2022
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
Mar 1, 2022
$1,750,000
Ny Cap Inv Grp LLC
420 Hartford Tpke Shrew
Quit Claim Arm's Length For Ne States
$2,145,000 · Cooperative Bank
Jun 27, 2018
$865,000
420 Hartford Tpky LLC
Green Valley LLC
Quit Claim Arm's Length For Ne States
$897,000 · Mutualone Bk
Aug 28, 2014
—
Green Valley LLC
—
Grant Deed
related
$75,000 · 6 Sigma Realty INC
Aug 21, 2014
$750,000
Green Valley LLC
6 Sigma Realty INC
Quit Claim Deed
$375,000 · Gary Needham
Aug 30, 2013
$1,250,000
6 Sigma Realty INC
J J Farrell INC
Quit Claim Deed
$1,162,500 · Marlborough Savings Bank
Jul 20, 2012
—
J J Farrell INC
—
Deed Of Trust
related
$1,184,500 · Marlborough Savings Bank
Apr 12, 2000
$90,000
Jj Farrell INC
Hartford RT Shrewsbury
Grant Deed
$1,075,000 · Mass Mutual Life Ins
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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