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    Property profile & analytics

    3 Greenlawn Ave South Grafton, MA 01560-1402

    • Retail space
    • 2,760 SF
    • 0.47 lot acres
    OFF-MARKET
    Value Estimation
    $465,000
    Last Sale
    Dec 10, 2021
    $400,000
    Location Intelligence
    Property ID
    US38-1289811
    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 3 Greenlawn Ave

    Year built
    1950
    Lot size
    0.47 lot acres
    Property size
    2,760 SF
    Zone code
    VMU
    Property type
    Retail space
    APN
    GRAF M:0115 B:0000 L:0082.0
    APU
    GRAFM0115B0000L00820

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $495,000

    • CAP approach

      CAP return
      Estimation
      6%
      $400,000
      6.5%
      $430,000
      7%
      $400,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $465,000
      Geo Method
      $460,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $480,000
      Retail
      $510,000
      Mixed-Use
      $410,000
      Hospitality
      $500,000
      Educational
      $380,000
      Residential Income
      $520,000
      Energy
      $445,000
      Income-Based Land
      $405,000
      Food Service
      $380,000

    Location Insight

    • Map
    • Local Demand
    City
    South Grafton
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.6854
    Latitude
    42.1767
    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
    $6,017
    $207,600
    $212,900
    $420,500
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $380,000
      5,000 SF

      43 Main St

      RETAIL STORES (PERSONAL SERVICES) • 5,000 SF
      43 Main St, South Grafton, MA 01560-1132
      View Details
    • Value Estimation
      $290,000
      2,756 SF

      167 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,756 SF
      167 Main St, South Grafton, MA 01560-1020
      View Details
    • Value Estimation
      $335,000
      1,269 SF

      2 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,269 SF
      2 Main St, South Grafton, MA 01560-1175
      View Details
    • Value Estimation
      $260,000
      1,501 SF

      11 Fry St

      SHOW ROOM, WAREHOUSE • 1,501 SF
      11 Fry St, South Grafton, MA 01560-1363
      View Details
    • Value Estimation
      $205,000
      3,780 SF

      121 Main St

      SHOW ROOM, WAREHOUSE • 3,780 SF
      121 Main St, South Grafton, MA 01560-1120
      View Details
    • Value Estimation by Request
      2,400 SF

      63 Main St

      SHOW ROOM, WAREHOUSE • 2,400 SF
      63 Main St, South Grafton, MA 01560
      View Details

    Similar Nearby for Sale

    • $595,000

      Versatile Mixed-Use Property For Sale

      Over 12,000 sq ft, flexible zoning, ample parking.
      13 Depot St, Grafton, MA 01560
      View Details
    • $650,000

      Grafton Three-Family Home For Sale

      Three-family home with recent upgrades and convenient location.
      109 Main St, Grafton, MA 01560
      View Details
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    3 Greenlawn Ave
    South Grafton, MA 01560-1402
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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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