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Property profile & analytics
OFF-MARKET
Estimated value
$1,060,000
Auto shops
939 Boston Tpke, Shrewsbury, MA 01545-3304
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US38-0933427
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1952
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,853 SF
Lot
1.41 ac (61,420 SF)
Zoning code
CB
APN
SHRE M:36 B:053000
UPID
US38-0933427
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
-
Verilife Dispensary (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.17M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.01M
Blend (final)
Blend
$1.06M
Owner & transaction history
939 Boston Tpke Ma Nlcp · 6 yrs held
939 Boston Tpke Ma Nlcp
since 2020
Last sale
$900,000
7 recorded transactions
Zoning & alternative use
CB · Shrewsbury, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.1M
+22.9%
Retail stores
$920,000
+2.3%
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
$1,325,000
ML approach
$1,170,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$900,000
Current use
RESTAURANT
$1,105,000
Change: +23% · Conversion: Difficult
RETAIL STORES
$920,000
Change: +2% · Conversion: Difficult
OFFICE BUILDING
$795,000
Change: -11% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$740,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$1.06M
Range $954k – $1.17M · ±10% · vs last sale $900k (Feb 27 2020)
Last sale anchor
$900k
Feb 27 2020
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
$181 / 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
$11,317
Tax year 2024
Assessed value
$914,100
Assessed 2024
Previous assessed
$909,300
+0.5% YoY
Effective rate
1.24%
On assessed value
Assessed land
$386,600
Assessed improvement
$527,500
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1952
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
2
Total area
5,853 SF
Lot
1.41 ac (61,420 SF)
Zoning code
CB
APN
SHRE M:36 B:053000
UPID
US38-0933427
Jurisdiction
SHREWSBURY
Zoning & alternative use
CB · Shrewsbury, MA
Zoning CB · permitted uses
CB · 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.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$900,000
RESTAURANT
Est. value
$1.1M
RETAIL STORES
Est. value
$920,000
OFFICE BUILDING
Est. value
$795,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$740,000
AUTO REPAIR, GARAGE Current
RESTAURANT
RETAIL STORES
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1952
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
2
Lot
1.41 ac
Current owner
From public records · entity-resolved
939 Boston Tpke Ma Nlcp
Individual
Mailing address
27 PNE ST #50, NEW CANAAN, CT 06840-5418
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 27, 2020
$900,000
939 Boston Tpke Ma Nlcp
Pharmacannis Mass INC
Quit Claim Deed
—
Nov 14, 2019
$850,000
Pharmacannis Mass INC
Pcharter LLC
Quit Claim Deed
—
Apr 5, 2013
$1
Pcharter LLC
Harter,philip C
Grant Deed
related
—
Apr 5, 2013
—
Pcharter LLC
—
Deed Of Trust
related
$675,000 · Spencer Savings Bank Sla
Dec 4, 2008
—
Philip C Harter
—
Deed Of Trust
related
$769,662 · Flagship Bank & Trust
Nov 24, 2003
—
Philip C Harter
—
Deed Of Trust
related
$1,021,800 · Flagship Bank & Trust
Jul 2, 1997
—
Philip C Harter
—
Deed Of Trust
related
$100,000 · Flagship Bank & Trust
Nov 15, 1995
$60,000
Philip C Harter
George,william
Grant Deed
—
Jun 20, 1989
—
S & C Rlty Nom Tr
—
Deed Of Trust
related
$500,000 · Shawmut Worc Cnty Bk
Mar 27, 1987
$33,000
P C Harter
Seltzer,maxim
Grant Deed
—
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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