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    Property profile & analytics
    OFF-MARKET Estimated value $4,470,000
    Manufacturing properties

    1537 Grafton Rd, Millbury, MA 01527-4332

    44,646 SF 5.7 ac lot Built 1966
    Entity Owned 5-yr Hold Free & Clear
    Property ID
    US38-2518538
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Manufacturing properties
    Use group MANUFACTURING (LIGHT)
    Year built 1966
    Construction STEEL FRAME
    Total area 44,646 SF
    Lot 5.7 ac (248,292 SF)
    APN MILB M:007 B:0000017 L:
    UPID US38-2518538
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $4.45M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $5.09M
    Blend (final) Blend
    $4.47M
    Owner & transaction history
    F&d Properties LLC · 5 yrs held
    F&d Properties LLC
    since 2021
    Last sale
    $4.5M
    1 recorded transaction
    2021
    $4.5M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Retail stores $7.0M +96.0%
    Auto repair, garage $6.9M +91.7%
    Office building $6.1M +69.9%
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