Property profile

232 Worcester St Grafton, MA 01536

FOR SALE
Industrial (General)
Property ID
US38-1263518
162.83 ac lot
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Property summary

AI-generated overview

The property is a 26.2-acre parcel that has been fully permitted and approved for development, with support for ground lease or build-to-suit uses. The site is located within a Priority Development Overlay District and is designed to allow for multiple uses. The development capacity is up to 331,700 square feet, with several configuration options available to accommodate different layout approaches. The parcel is approximately 0.5 miles from I-90 at Exit 11.

Property profile

Verified
Property type Industrial (General)
Lot 162.83 ac (7,092,875 SF)
APN GRAF M:0035 B:0000 L
UPID US38-1263518

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

232 Worcester St Grafton, MA 01536
Grafton metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

since 2023
Last sale
$9.2M
1 recorded transaction
2023
$9.2M
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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