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Property profile & analytics
OFF-MARKET
Estimated value
$975,000
Retail space
557 Main St, Shrewsbury, MA 01545-2917
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US38-1613588
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1972
Construction
FRAME
Total area
3,636 SF
Lot
0.36 ac (15,682 SF)
Zoning code
LB
APN
SHRE M:22 B:021000
UPID
US38-1613588
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
-
Western Union Bank Credit Union
-
Jennifer Biernacki Pharmacy
-
Neil Shailer Pharmacy
-
Coinhub Bitcoin ATM Teller Atm
-
Walgreens Pharmacy Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$995k
CAP Approach
CAP
$825k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$975k
Owner & transaction history
Cp 557 Main Street LLC · 3 yrs held
Cp 557 Main Street LLC
since 2022
Last sale
$970,000
6 recorded transactions
Zoning & alternative use
LB · 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
$1,110,000
ML approach
$995,000
CAP Approach
CAP Return
Estimation
6%
$895,000
6.5%
$825,000
7%
$770,000
Blend value · Realmo final
$975k
Range $878k – $1.07M · ±10% · vs last sale $970k (Sep 23 2022)
Last sale anchor
$970k
Sep 23 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
$268 / 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
$6,847
Tax year 2024
Assessed value
$553,100
Assessed 2024
Previous assessed
$552,600
+0.1% YoY
Effective rate
1.24%
On assessed value
Assessed land
$226,300
Assessed improvement
$326,800
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1972
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
2
Total area
3,636 SF
Lot
0.36 ac (15,682 SF)
Zoning code
LB
APN
SHRE M:22 B:021000
UPID
US38-1613588
Jurisdiction
SHREWSBURY
Zoning & alternative use
LB · Shrewsbury, MA
Zoning LB · permitted uses
LB · 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
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
2
Lot
0.36 ac
Current owner
From public records · entity-resolved
Cp 557 Main Street LLC
Entity
Mailing address
100 MAPLE AVE, SHREWSBURY, MA 01545-5338
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 10, 2023
—
Cp 557 Main Street LLC
—
Deed
related
$1,040,000 · Rockland Trust Co
Sep 23, 2022
$970,000
Cp 557 Main Street LLC
Hale Association INC
Quit Claim Arm's Length For Ne States
—
Mar 16, 2021
—
Hale Assoc INC
—
Deed
related
$245,000 · Avidia Bank
Dec 3, 2010
—
Hale Assoc INC
—
Deed Of Trust
related
$215,000 · Avidia Bank
Dec 15, 2008
—
Hale Assoc INC
—
Deed Of Trust
related
$162,000 · Avidia Bank
Dec 27, 2005
—
Hale Assoc INC
—
Deed Of Trust
related
$50,000 · Westborough Savings
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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