Property profile

56 Summer St Shrewsbury, MA 01545

OFF-MARKET
Manufacturing properties
Property ID
US38-1588590
5,832 SF 0.63 ac lot Built 1902
Entity Owned 21-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1902
Construction FRAME
Total area 5,832 SF
Lot 0.63 ac (27,443 SF)
Zoning code RB1
APN SHRE M:22 B:309000
UPID US38-1588590

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Plumbing Service General Contractor
  • Gym & Fitness Center
  • General Contractor Construction Company
  • Real Estate Agency

Location

56 Summer St Shrewsbury, MA 01545-5645
Shrewsbury metro Census 739401 WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

since 2004
4 recorded transactions
2004
$420,000
1989
Price N/A
1988
Price N/A
1988
Price N/A

Zoning & alternative use

RB1 · Shrewsbury, MA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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