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    1537 Grafton Rd Millbury, MA 01527

    Sponsored
    For Sale
    $11,950,000

    84,000 SF Warehouse, $11.95M

    Property size:
    84,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 84,000-square-foot industrial building in Millbury, Massachusetts, presents a unique investment opportunity. Located directly off I-90, this property boasts a newly reconstructed structure completed in 2024, offering significant advantages for distribution, manufacturing, or warehousing operations. The building features a substantial 36-foot clear height, six loading docks with six dock-high doors, and ample outdoor storage space on a 5.7-acre lot. Designed for high-capacity use, the facility includes crane rails with a 20-ton capacity and a robust power supply. The clear-span warehouse areas provide maximum operational flexibility and efficiency. Built in 1960 and extensively renovated in 2024, this property is zoned I and offers a compelling combination of modern amenities and a strategic location. The asking price is $11,950,000, translating to $142.26 per square foot. This vacant property is ready for immediate occupancy and presents a rare opportunity to acquire a high-quality industrial asset in a desirable location. The property's address is 1537 Grafton Rd, Millbury, MA 01527.

    Property Features for 1537 Grafton Rd

    General Information

    Property type
    Distribution properties
    Square Feet
    84,000 SF
    Lot Size
    248,292 SF

    Building Details

    Year Renovated
    2024

    HighLights

    • $11,950,000 asking price for this 84,000 square foot industrial building.
    • Vacant, 84,000 SF industrial building in Millbury, MA.
    • $142.26/SF; built in 1960, renovated in 2024.
    • Located in Millbury, MA (01527), at 1537 Grafton Rd, on a 5.7‑acre lot.
    • Features 36' clear height ceilings, 6 loading docks, and 6 dock‑high doors.
    • I‑90 access; suitable for manufacturing and warehousing.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    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
    Millbury
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.734164364224
    Latitude
    42.229157251621

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    FAQs

    What type of property is this?
    Distribution property - 84,000 SF Warehouse, $11.95M
    Where is this distribution property located?
    The property is located at 1537 Grafton Rd Millbury, MA.
    What is the asking price?
    The asking price for this property is $11,950,000.
    What are key features of this property?
    This property features: $11,950,000 asking price for this 84,000 square foot industrial building.; Vacant, 84,000 SF industrial building in Millbury, MA.; $142.26/SF; built in 1960, renovated in 2024.
    Request Owner's contact information
    1537 Grafton Rd Millbury, MA 01527
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    Millbury, MA 01527
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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
    1537 Grafton Rd Millbury, MA 01527
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