910 Boston Tpke Shrewsbury, MA 01545
Property profile & analytics
910 Boston Tpke Shrewsbury, MA 01545
- Manufacturing properties
- 37,800 SF
- 3.79 lot acres
Property ID
US38-1848444
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.
Location Intelligence
Current Use by Public Records
- Up Up and Play Academy / Daycare Center
- Tangenx Technology Corporation / Industrial Manufacturer / Production Facility
- Measurement Specialties Inc / Medical Supply Store
- Bay State Physical Therapy / Medical Clinic
- Pamela Powell / Medical Clinic
Property Details for 910 Boston Tpke
- Year built
- 1985
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 3.79 lot acres
- Property size
- 37,800 SF
- Zone code
- LI
- Property type
- Manufacturing properties
- APN
- SHRE M:36 B:031006
- APU
- SHREM36B031006
Description
This exceptional Class A flex/industrial property, located at 910 Boston Turnpike in Shrewsbury, Massachusetts, offers 36,900 square feet of versatile space on a 3.79-acre lot. The single-story building boasts 15-foot ceilings and 10 loading docks, providing ample functionality for a variety of industrial and flex uses. Currently, 16,900 square feet are leased to three tenants, generating stable cash flow. A significant 20,000 square feet of contiguous, high-quality space is immediately available for an owner-occupant or expansion. Strategically situated on Route 9's eastbound lane, this property enjoys exceptional visibility and accessibility. Its proximity to major roadways, including Routes 495, 290, 20, and the Mass Pike, ensures convenient transportation throughout the region. The property also benefits from abundant parking both in front and behind the building. The surrounding area demonstrates strong demographics, with a population of 453,999 within a 10-mile radius and an average household income of $154,699 within a 3-mile radius. Daily traffic counts exceed 50,000 vehicles. The property is conveniently located near major retailers such as Wegman's and Price Chopper. Furthermore, a substantial portion of the roof has recently been replaced with a 20-year warranty, while the remaining roof is in excellent condition with a 5-year warranty. This presents a compelling investment opportunity with significant upside potential. The asking price is $6,950,000. This property is ideal for businesses seeking a high-quality, well-located industrial or flex space in a thriving market.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $5,750,000
- 6.5%
- $5,310,000
- 7%
- $4,930,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,312,000
Market price range: $1.35M - $4.74M -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $3,025,000 Current use
- RESTAURANT
- $7,125,000 Change: +136% Conversion: Difficult
- RETAIL STORES
- $5,930,000 Change: +96% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $5,800,000 Change: +92% Conversion: Easy
- OFFICE BUILDING
- $5,140,000 Change: +70% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $4,770,000 Change: +58% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $4,535,000 Change: +50% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $4,160,000 Change: +38% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Shrewsbury
- County
- Worcester
- State
- Massachusetts
- Longitude
- -71.6804
- Latitude
- 42.279
- 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
$34,483
$598,200
$2,187,200
$2,785,400
-
$0.00
$0.00
$0.00
