Financial
Distress signals
Property profile

1059 Grafton St Worcester, MA 01604

OFF-MARKET
Retail space
Property ID
US38-1369327
4,280 SF 0.92 ac lot Built 1965
Last sale Jun 2023 · $775,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property consists of a 4.5+/- acre parcel with approximately 1.1+/- acres of developable area along Grafton Street. It is located in the BL-1 zoning district, which allows many uses by right, and public utilities are available. The site has frontage on Grafton Street (Route 122) in Worcester, approximately 1/2 mile from Route 20 and about 1 mile from the Millbury exit of I-90 (Mass Pike); the 2019 daily traffic count was reported as 18,213. The layout and zoning support a range of uses including commercial, retail, office, and convenience store/gas service.

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?
$20k
Tax billed · 2024
Assessed value$670k
Assessed land$670k
Effective rate3.00%

Value estimate

· Sep 2026
$410k
$369k – $451k
CAP approach$905k
Sales comparison$762k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$146/SF
Submarket average, outlier-cleaned · 67 recorded sales of this use type
Observed band · Q1–Q3$81 – $230
Qualifying comparables4

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?
BL-1
JurisdictionWORCESTER

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm21.0
Realty agency17.9
Parking Facility12.1

Location

1059 Grafton St Worcester, MA 01604-2029
County assessor Recorded deeds · 3 transfers 4 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1 Hygeia, Worcester, MA 01604-4917 $13,500,000 Jan 2025 9,840 SF
324 Cutoff, Worcester, MA 01604-2714 $975,000 May 2024 9,540 SF
169 Shrewsbury, Worcester, MA 01604-4610 $1,400,000 Mar 2024 2,610 SF
44 Grafton, Worcester, MA 01604 $900,000 Dec 2022 6,672 SF
205 Summer, Worcester, MA 01604-4095 $337,500 Nov 2022 4,641 SF
218 Franklin, Worcester, MA 01604-5019 $325,000 Mar 2022 3,340 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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