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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Showrooms
479 Hartford Tpke, Shrewsbury, MA 01545-4002
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US38-1712731
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
2001
Construction
STEEL FRAME
Total area
11,264 SF
Lot
2.14 ac (93,218 SF)
Zoning code
LI
APN
SHRE M:48 B:014002
UPID
US38-1712731
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
-
Mid-State Kitchens Hardware & Home Improvement Furniture & Home Goods
-
Mid-State Building and Remodeling Construction Company General Contractor
-
Curated Studio Furniture & Home Goods Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$315k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$483k
Blend (final)
Blend
$505k
Owner & transaction history
Clark Realty Dev · 10 yrs held
Clark Realty Dev
since 2015
7 recorded transactions
Zoning & alternative use
LI · 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
$315,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$505k
Range $455k – $556k · ±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
$45 / 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
$10,652
Tax year 2024
Assessed value
$860,400
Assessed 2024
Previous assessed
$849,300
+1.3% YoY
Effective rate
1.24%
On assessed value
Assessed land
$268,100
Assessed improvement
$592,300
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
2001
Construction
STEEL FRAME
Heating
OIL
Cooling
YES
Buildings
1
Stories
2
Units
1
Bathrooms
3
Total area
11,264 SF
Lot
2.14 ac (93,218 SF)
Zoning code
LI
APN
SHRE M:48 B:014002
UPID
US38-1712731
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.
Building & site characteristics
From public records
Year built
2001
Construction
STEEL FRAME
Heating
OIL
Cooling
Yes
Stories
2
Buildings
1
Units
1
Bathrooms
3
Lot
2.14 ac
Current owner
From public records · entity-resolved
Clark Realty Dev
Entity
Mailing address
PO BOX 546, SHREWSBURY, MA 01545-0546
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 14, 2015
$250,000
Clark Realty Dev
Duva Midstate Rte 20 R Trust
Quit Claim Deed
related
—
Jul 1, 2011
$1
Duva Midstate Rte 20 RT
Canzano Rte 20 RT
Grant Deed
—
Jul 1, 2011
—
Duva Midstate Rte 20 RT
—
Deed Of Trust
related
$638,000 · Mcu Commercial Services LLC
Jul 31, 2009
—
Magdmm LLC
—
Deed Of Trust
related
$242,000 · Bruce Webber
Aug 30, 2007
$600,000
Magdmm LLC
Webber,bruce
Grant Deed
$400,000 · Bruce Webber
Aug 30, 2007
$1
Bruce Webber
Canzano Route 20 RT
Grant Deed
—
Sep 25, 2002
—
Canzano Rte 20 RT
—
Deed Of Trust
related
$550,000 · Commerce Bank & Trust
—
—
Duva Midstate Tre 20 Realty Trust
—
Deed Of Trust
related
$130,000 · Mcu Commercial Servic Mcu Commercial Servic
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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