Financial
Distress signals
Property profile

1511 Grafton Rd Millbury, MA 01527

OFF-MARKET
Turn key restaurants
Property ID
US38-1454043
3,185 SF 0.45 ac lot Built 1950
Last sale Nov 2025 · $633,333
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 1.5-acre corner lot at 1511, 1515, and 1517 Grafton Road in Millbury, Massachusetts, presents a unique investment opportunity. Strategically positioned directly across from the Mass Pike Exit 96 on- and off-ramps, this property boasts unparalleled visibility and accessibility. The site offers 307 feet of frontage and benefits from public sewer and water connections. Currently zoned for mixed-use development, including retail, restaurants, gas stations, and drive-through

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$4k
Tax billed · 2024
Assessed value$332k
Assessed land$126k
Assessed improvement$206k
Effective rate1.32%

Value estimate

· Sep 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

What actually traded nearby?
$189/SF
County average, outlier-cleaned · 126 recorded sales of this use type
Observed band · Q1–Q3$103 – $293
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
R3
JurisdictionMILLBURY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency13.7
Law Firm12.1
Pharmacy9.7

Location

1511 Grafton Rd Millbury, MA 01527-4330
County assessor Recorded deeds · not on file 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
32-34 Main, Millbury, MA 01527 $475,000 Jan 2025 4,466 SF
69-73 Elm, Millbury, MA 01527 $329,200 May 2022 3,020 SF
19 Main, Millbury, MA 01527-2003 $8,000 May 2021 5,408 SF
49 Elm, Millbury, MA 01527-3104 $355,000 May 2020 1,960 SF
108 Elm, Millbury, MA 01527-2602 $75,000 Apr 2020 4,440 SF
198 Millbury, Millbury, MA 01527-3420 $238,500 May 2019 2,563 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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