240 CHERRY ST
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Location
240 CHERRY ST
Mblu
48/ 026000/ / /
Acct#
10486
Owner
POLITO DEVELOPMENT CORPORATION
Total Market Value
$2,128,000
PID
10486
Building Count
1
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$1,645,100$482,900$2,128,000

Owner of Record
OwnerPOLITO DEVELOPMENT CORPORATION
Co-OwnerPOLITO FRANCIS J TRUSTEE
Address587 HARTFORD TPKE
UNIT C
SHREWSBURY, MA 01545
Sale Price$0
Certificate
Book & Page 12112/0338
Sale Date05/23/1989
Instrument1B

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
POLITO DEVELOPMENT CORPORATION$0 12112/03381B05/23/1989
HILLS FARM REALTY TRUST$0 8255/01201N06/28/1984

Building Information
Building 1 : Section 1
Year Built: 1985
Living Area: 25,000
Replacement Cost: $2,369,658
Building Percent Good: 67
Replacement Cost
Less Depreciation:
$1,587,700
Building Attributes
FieldDescription
StyleLight Industrial
ModelIndustrial
GradeC+
Stories1.00
Occupancy1.00
Exterior Wall 1Cinderblock
Exterior Wall 2Prefin Metal
Roof StructureFlat
Roof CoverPrefin Metal
Interior Wall 1Unfinished
Interior Wall 2 
Interior Flr 1Concrete
Interior Flr 2Carpet
Heating FuelNat Gas
Heat TypeFHA Duct
AC Pct6
Heat Pct12
Bldg UseIndustrial
Total Rooms0
Bedrooms0
Full Baths0
Half Baths4
Xtra Fixtures0
1st Floor Use 
Elevators0
FrameMasonry
PlumbingAverage
FoundationSlab
PartitionsAverage
Wall Height18.00
% Sprinkler100.00
Kitchen 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 25,000 25,000
CLPLoading Platform 2,000 0
   27,000 25,000

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
LDKLoading Dock6.00 UNITS$01

Land
Land Use
Use Code4000
DescriptionIndustrial  
ZoneLI
NeighborhoodC7
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)3.03
Frontage
Depth
Total Market Land$482,900

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1Paving - Asphalt  29071.00 UNITS$57,4001
Valuation History
Assessment
Valuation YearImprovementsLandTotal
2025$1,298,000$453,600$1,751,600
2024$1,248,300$421,100$1,669,400
2023$1,191,700$421,100$1,612,800

Regarding Parcel: Mblu : 48/ 026000/ / / Location : 240 CHERRY ST

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