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    1059 Grafton St Worcester, MA 01604

    For Sale
    $749,000

    4.5-acre commercial land parcel on heavily travelled Grafton Street.

    Property size:
    4 SF
    Lot size:
    4.50 Acres

    Property Features for 1059 Grafton St

    General Information

    Size
    4 SF
    Lot size
    4.50 Acres

    Source: Jeffrey Borus Agent Jeffrey Borus

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Grafton Street Commercial Land Parcel

    This 4.5-acre parcel includes approximately 1.1 acres of developable land along Grafton Street. The property is zoned BL-1, a district that permits many uses by right. Public utilities are available. Located on Grafton Street (Route 122) in Worcester, the site benefits from a daily traffic count of 18,213 in 2019. It is situated approximately 0.5 miles from Route 20 and 1 mile from the Millbury exit of I-90 (Mass Pike). The property is suited for commercial, retail, office, or convenience store/gas station use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    A P Fish Wholesale ... Seafood Wholesaler A P Fish Seafood ... Seafood Market

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Worcester
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.7555436
    Latitude
    42.2434396

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    FAQs

    What type of property is this?
    Commercial land - 4.5-acre commercial land parcel on heavily travelled Grafton Street.
    Where is this commercial land located?
    The property is located at 1059 Grafton St Worcester, MA.
    What is the asking price?
    The asking price for this property is $749,000.
    What are key features of this property?
    This property features: - 1.1+ acre developable parcel.; - Located on heavily traveled Grafton Street (Route 122).; - High daily traffic count of 18,213 (2019).
    (508) 981-6868
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    1059 Grafton St Worcester, MA 01604
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1059 Grafton St Worcester, MA 01604
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