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    Property profile & analytics

    421 Boston Tpke Shrewsbury, MA 01545-3417

    • Automotive properties
    • 880 SF
    • 0.31 lot acres
    OFF-MARKET
    Value Estimation
    $270,000
    Location Intelligence
    Property ID
    US38-1603620
    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

    • On Wheels Inc. / Used Car Dealer

    Property Details for 421 Boston Tpke

    Year built
    1987
    Construction
    FRAME
    Lot size
    0.31 lot acres
    Property size
    880 SF
    Zone code
    RB1
    Property type
    Automotive properties
    APN
    SHRE M:33 B:311001
    APU
    SHREM33B311001

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $275,000

    • CAP approach

      CAP return
      Estimation
      6%
      $265,000
      6.5%
      $255,000
      7%
      $245,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $225,000
      Geo Method
      $270,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $215,000
      Retail
      $210,000
      Mixed-Use
      $275,000
      Hospitality
      $285,000
      Educational
      $280,000
      Residential Income
      $215,000
      Energy
      $275,000
      Income-Based Land
      $210,000
      Food Service
      $235,000

    Location Insight

    • Map
    • Local Demand
    City
    Shrewsbury
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.7264
    Latitude
    42.2766
    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
    $4,104
    $226,700
    $104,800
    $331,500
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      36,618 SF

      780 Boston Tpke

      VEHICLE SALES, RENTALS • 36,618 SF
      780 Boston Tpke, Shrewsbury, MA 01545-3202
      View Details
    • Value Estimation by Request
      25,556 SF

      247 Boston Tpke

      VEHICLE SALES, RENTALS • 25,556 SF
      247 Boston Tpke, Shrewsbury, MA 01545-5273
      View Details
    • Value Estimation by Request
      6,656 SF

      894 Boston Tpke

      VEHICLE SALES, RENTALS • 6,656 SF
      894 Boston Tpke, Shrewsbury, MA 01545-3301
      View Details
    • Value Estimation by Request
      12,000 SF

      730 Boston Tpke

      VEHICLE SALES, RENTALS • 12,000 SF
      730 Boston Tpke, Shrewsbury, MA 01545-4166
      View Details
    • Value Estimation by Request
      4,020 SF

      429 Boston Tpke

      VEHICLE SALES, RENTALS • 4,020 SF
      429 Boston Tpke, Shrewsbury, MA 01545-3462
      View Details
    • Value Estimation by Request
      47,243 SF

      770 Boston Tpke

      VEHICLE SALES, RENTALS • 47,243 SF
      770 Boston Tpke, Shrewsbury, MA 01545-3202
      View Details

    Similar Nearby for Sale

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    • $5,300,000
      0.84 Acres

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      High-end, fully rented 14-unit apartment building with retail space.
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    • $12,500,000

      Shrewsbury Route 9 Development Opportunity

      25 acres of land with commercial and residential zoning.
      701 Boston Tpke, Shrewsbury, MA 01545
      View Details
    • New
      $525,000
      1,520 SF

      Shrewsbury Two-Family Residential Property

      Two-unit side-by-side duplex in Shrewsbury, Massachusetts.
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      Class A industrial building, 36,900 SF, excellent location.
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    Similar Nearby for Lease

    • 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
    • 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
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    Shrewsbury, MA 01545-3417
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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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