571 BOSTON TPKE
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Location
571 BOSTON TPKE
Mblu
34/ 024001/ / /
Acct#
7563
Owner
SHREWSBURY CROSSING II LLC
Total Market Value
$16,082,800
PID
7563
Building Count
2
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$9,795,200$6,287,600$16,082,800

Owner of Record
OwnerSHREWSBURY CROSSING II LLC
Co-OwnerC/O FIRST AMERICAN REALTY INC
AddressP O. BOX 646
WORCESTER, MA 01613
Sale Price$11,950,000
Certificate
Book & Page 58166/0087
Sale Date12/11/2017
Instrument1N

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
SHREWSBURY CROSSING II LLC$11,950,000 58166/00871N12/11/2017
TIF INVESTMENT COMPANY LLC$10 58053/02891B11/17/2017
SHREWSBURY KSI 481 LLC$10 22576/00921B05/10/2000
TIF INVESTMENT COMPANY LLC$10 22576/00881B05/10/2000
TISHMAN MIDVALE LTD PRTNR$13,506,582 15015/00011N03/15/1993

Building Information
Building 1 : Section 1
Year Built: 1989
Living Area: 110,046
Replacement Cost: $15,387,029
Building Percent Good: 44
Replacement Cost
Less Depreciation:
$6,770,300
Building Attributes
FieldDescription
StyleShopping Ctr Local
ModelCommercial
GradeB
Stories1.00
Occupancy4.00
Exterior Wall 1Cinderblock
Exterior Wall 2Stucco
Roof StructureFlat
Roof CoverRubber Memb
Interior Wall 1Unfinished
Interior Wall 2Drywall
Interior Flr 1Concrete
Interior Flr 2 
Heating FuelNat Gas
Heat TypeFHA Duct
AC Pct100
Heat Pct100
Bldg UseShopng Ctr
Total Rooms0
Bedrooms0
Full Baths0
Half Baths0
Xtra Fixtures26
1st Floor Use 
Elevators0
FrameMasonry
PlumbingAverage
FoundationSlab
PartitionsAverage
Wall Height22.00
% 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
CANCanopy 3,618 0
   113,664 110,046
Building 2 : Section 1
Year Built: 2024
Living Area: 8,568
Replacement Cost: $2,484,420
Building Percent Good: 98
Replacement Cost
Less Depreciation:
$2,434,700
Building Attributes : Bldg 2 of 2
FieldDescription
StyleBranch Bank
ModelCommercial
GradeA
Stories1
Occupancy1.00
Exterior Wall 1Brick Veneer
Exterior Wall 2 
Roof StructureHip
Roof CoverAsphalt Shing
Interior Wall 1Drywall
Interior Wall 2 
Interior Flr 1Laminate
Interior Flr 2 
Heating FuelElectric
Heat TypeFHA Duct
AC Pct100
Heat Pct100
Bldg UseBank Bldg
Total Rooms2
Bedrooms 
Full Baths 
Half Baths3
Xtra Fixtures7
1st Floor Use 
Elevators0
FrameSteel
PlumbingAverage
FoundationPoured Conc
Partitions 
Wall Height 
% Sprinkler100.00
Kitchen 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 8,568 8,568
   8,568 8,568

Extra Features
Extra Features

No Data for Extra Features


Land
Land Use
Use Code3230
DescriptionShopng Ctr  
ZoneCB
NeighborhoodC2
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)12.19
Frontage2819
Depth
Total Market Land$6,287,600

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
SGN3Sign 2 Sided Lighted  150.00 SF + HT$7,5001
PAV1Paving - Asphalt  263692.00 UNITS$520,8001
LT3Lights - Triple  6.00 UNITS$19,8001
SGN3Sign 2 Sided Lighted  192.00 SF + HT$14,4001
LT2Lights - Double  10.00 UNITS$27,7001
Valuation History
Assessment
Valuation YearImprovementsLandTotal
2025$8,770,800$5,873,100$14,643,900
2024$6,993,300$5,064,700$12,058,000
2023$7,530,200$5,064,700$12,594,900

Regarding Parcel: Mblu : 34/ 024001/ / / Location : 571 BOSTON TPKE

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