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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
Entity Owned Owner of record is a legal entity (LLC / corporation). 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?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

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

· Nov 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 · 1 transfer 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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