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    Property profile & analytics

    197 Worcester St North Grafton, MA 01536-1528

    • Retail space
    • 6,600 SF
    • 0.77 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US38-1597870
    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.

    Current Use by Public Records

    • Retail space

    Property Details for 197 Worcester St

    Year built
    1973
    Lot size
    0.77 lot acres
    Property size
    6,600 SF
    Zone code
    CB
    Property type
    Retail space
    APN
    GRAF M:0026 B:0000 L:0100.0
    APU
    GRAFM0026B0000L01000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    North Grafton
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.7172
    Latitude
    42.2297
    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
    $11,070
    $287,700
    $485,900
    $773,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $595,000
      4,820 SF

      77 Worcester St

      RETAIL STORES (PERSONAL SERVICES) • 4,820 SF
      77 Worcester St, North Grafton, MA 01536-1023
      View Details
    • Value Estimation by Request
      9,000 SF

      78 Worcester St

      RETAIL STORES (PERSONAL SERVICES) • 9,000 SF
      78 Worcester St, North Grafton, MA 01536-1045
      View Details
    • Value Estimation
      $875,000
      3,692 SF

      49 Main St

      RETAIL STORES (PERSONAL SERVICES) • 3,692 SF
      49 Main St, North Grafton, MA 01536-1519
      View Details
    • Value Estimation
      $360,000
      3,000 SF

      206 Worcester St

      RETAIL STORES (PERSONAL SERVICES) • 3,000 SF
      206 Worcester St, North Grafton, MA 01536-1531
      View Details
    • Value Estimation
      $290,000
      450 SF

      22 Shrewsbury St

      RETAIL STORES (PERSONAL SERVICES) • 450 SF
      22 Shrewsbury St, North Grafton, MA 01536
      View Details
    • Value Estimation
      $5,125,000
      4,649 SF

      217 Worcester St

      RETAIL STORES (PERSONAL SERVICES) • 4,649 SF
      217 Worcester St, North Grafton, MA 01536-1255
      View Details

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      331,700 SF

      Grafton Logistics Center: Prime Warehouse

      Massive warehouse, ideal location, build-to-suit option.
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    • $499,900
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      Historic Church with Modern Updates

      Charming church in North Grafton with modern amenities and updates.
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    197 Worcester St
    North Grafton, MA 01536-1528
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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