1537 Grafton Rd Millbury, MA 01527
Property profile & analytics
1537 Grafton Rd Millbury, MA 01527
- Manufacturing properties
- 44,646 SF
- 5.70 lot acres
Property ID
US38-2518538
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Manufacturing properties
Property Details for 1537 Grafton Rd
- Year built
- 1966
- Construction
- STEEL FRAME
- Lot size
- 5.70 lot acres
- Property size
- 44,646 SF
- Property type
- Manufacturing properties
- APN
- MILB M:007 B:0000017 L:
- APU
- MILBM007B0000017L
Description
This exceptional 84,000-square-foot industrial facility in Millbury, Massachusetts, presents a unique opportunity for businesses seeking modern, high-capacity space. Located directly off I-90, this newly constructed (2024) building offers unparalleled convenience and accessibility. The property boasts a flexible layout, with a minimum divisible space of 25,000 square feet and the potential to lease the entire 84,000 square feet contiguously. Currently, the entire 84,000 square feet is vacant and available for immediate occupancy. High ceilings ranging from 16 to 36 feet provide ample vertical space, while seven drive-in doors and six loading docks ensure efficient loading and unloading operations. The property also features 115+ parking spaces and a robust power supply of 1,600 amps, 480v 3-phase. Designed for manufacturing and warehousing, the clear-span warehouse areas offer operational flexibility. The facility includes crane rails with a 20-ton capacity and ample outdoor storage on a 5.7-acre lot. This property is ideal for businesses requiring significant space, high ceilings, and excellent access to major transportation routes. The address is 1537 Grafton Road, Millbury, MA 01527.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $4,435,000
- ML approach
- $4,450,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $5,092,000
Market price range: $1.60M - $5.59M -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $3,575,000 Current use
- RETAIL STORES
- $7,005,000 Change: +96% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $6,850,000 Change: +92% Conversion: Easy
- OFFICE BUILDING
- $6,070,000 Change: +70% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $5,635,000 Change: +58% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $5,355,000 Change: +50% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $4,915,000 Change: +38% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Millbury
- County
- Worcester
- State
- Massachusetts
- Longitude
- -71.7332
- Latitude
- 42.2298
- CBSA code
- 49340
- CBSA name
- WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$36,860
$982,600
$1,803,500
$2,786,100
-
$0.00
$0.00
$0.00
