420 BOSTON TPKE
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Location
420 BOSTON TPKE
Mblu
33/ 079000/ / /
Acct#
7040
Owner
LAC 420 BOSTON TURNPIKE SHREWSBURY MA LLC
Total Market Value
$25,143,400
PID
7040
Building Count
2
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$20,420,700$4,722,700$25,143,400

Owner of Record
OwnerLAC 420 BOSTON TURNPIKE SHREWSBURY MA LLC
Co-Owner
Address30 LIBERTY BLVD
SUITE 201
MALVERN, PA 19355
Sale Price$34,814,815
Certificate
Book & Page 70490/388
Sale Date05/09/2024
Instrument1N

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
LAC 420 BOSTON TURNPIKE SHREWSBURY MA LLC$34,814,815 70490/3881N05/09/2024
MAG RE ROUTE 9 HOLDINGS LLC$100 70098/2401B01/16/2024
MAG RE HOLDINGS$9,800,000 66070/01801O09/15/2021
420 BOSTON TURNPIKE LLC$2,500,000 22355/01721B02/29/2000
C J C NOMINEE TRUST LAINER MARVIN I TRUS$0 14973/03471N02/23/1993

Building Information
Building 1 : Section 1
Year Built: 2023
Living Area: 64,460
Replacement Cost: $10,370,808
Building Percent Good: 96
Replacement Cost
Less Depreciation:
$9,956,000
Building Attributes
FieldDescription
StyleBig Box Store
ModelCommercial
GradeB
Stories1.00
Occupancy1.00
Exterior Wall 1Precast Concr
Exterior Wall 2Precast Concr
Roof StructureFlat
Roof CoverBallast Stone
Interior Wall 1Drywall
Interior Wall 2 
Interior Flr 1Concrete
Interior Flr 2 
Heating FuelNat Gas
Heat TypeFHA Non Duct
AC Pct100
Heat Pct100
Bldg UseRetail
Total Rooms0
Bedrooms0
Full Baths0
Half Baths2
Xtra Fixtures7
1st Floor Use 
Elevators0
FrameReinf Conc
PlumbingAverage
FoundationSlab
PartitionsAverage
Wall Height25.00
% Sprinkler100.00
Kitchen 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 64,460 64,460
   64,460 64,460
Building 2 : Section 1
Year Built: 2024
Living Area: 112,530
Replacement Cost: $10,251,483
Building Percent Good: 98
Replacement Cost
Less Depreciation:
$10,046,500
Building Attributes : Bldg 2 of 2
FieldDescription
StyleService Shop
ModelIndustrial
GradeB
Stories1.00
Occupancy1.00
Exterior Wall 1Brick Veneer
Exterior Wall 2Precast Concr
Roof StructureFlat
Roof CoverBallast Stone
Interior Wall 1Drywall
Interior Wall 2 
Interior Flr 1Concrete
Interior Flr 2 
Heating FuelNat Gas
Heat TypeFHA Non Duct
AC Pct0
Heat Pct100
Bldg UseIndustrial
Total Rooms0
Bedrooms0
Full Baths5
Half Baths7
Xtra Fixtures5
1st Floor Use 
Elevators0
FrameSteel
PlumbingAverage
FoundationSlab
PartitionsAverage
Wall Height20.00
% Sprinkler100.00
Kitchen 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 110,046 110,046
AOFOffice 2,484 2,484
   112,530 112,530

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
MEZ2Mezzanine - Fin744.00 UNITS$43,7002
OHDROverhead Door12.00 UNITS$176,4002

Land
Land Use
Use Code3250
DescriptionRetail  
ZoneCB
NeighborhoodC3
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)15.26
Frontage
Depth
Total Market Land$4,722,700

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
SGN3Sign 2 Sided Lighted  108.00 SF + HT$3,2001
PAV1Paving - Asphalt  203055.00 UNITS$160,4001
MSCMisc Structure  6.00 UNITS$1001
SCL1Scales  1000.00 UNITS$6001
TNK1Tank - Inground  10000.00 UNITS$22,5001
TNK1Tank - Inground  5000.00 UNITS$11,3001
Valuation History
Assessment
Valuation YearImprovementsLandTotal
2025$18,918,700$4,411,400$23,330,100
2024$4,068,900$3,795,500$7,864,400
2023$4,581,200$3,795,500$8,376,700

Regarding Parcel: Mblu : 33/ 079000/ / / Location : 420 BOSTON TPKE

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