Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    32 Worcester Rd Charlton, MA 01507

    • Investment properties
    • 2,346 SF
    • 0.66 lot acres
    For Lease
    View listing
    $1,000 /Mo
    Value Estimation
    $320,000
    Last Sale
    Apr 04, 2025
    $337,500
    Location Intelligence
    Property ID
    US38-0969580
    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

    • Kneaded Relief Massage & Spa Therapy / Massage Therapist

    Property Details for 32 Worcester Rd

    Year built
    1880
    Construction
    FRAME
    Lot size
    0.66 lot acres
    Property size
    2,346 SF
    Zone code
    CB
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    CHAR M:027B B:000C L:0000001
    APU
    CHARM027BB000CL0000001

    Description

    This exceptional investment opportunity presents a 1.1-acre parcel in Charlton, Massachusetts, zoned for mixed use. The property, located at 32 & 34a Worcester Road, includes two multifamily buildings and offers 25 parking spaces. Situated on the corner of Gillespie Road and Route 20, this prime location boasts high visibility and daily traffic exceeding 26,000 vehicles. Its proximity to a major highway and a new, large Amazon distribution center further enhances its appeal. The property is subject to a ground lease. The current configuration offers multiple potential uses, including drive-through options, making it ideal for a franchise or independent business seeking high traffic exposure. This property presents a unique blend of residential income and significant commercial potential, making it an attractive investment in a rapidly developing area. The existing multifamily buildings provide immediate cash flow, while the zoning allows for a variety of future development possibilities. This is a rare opportunity to acquire a strategically located property with significant upside potential in a thriving market. The property is located a quarter mile from a new $390 million Amazon distribution center and minutes from major roadways.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $290,000

    • CAP approach

      CAP return
      Estimation
      6%
      $390,000
      6.5%
      $365,000
      7%
      $360,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $425,000
      Geo Method
      $385,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $375,000
      Retail
      $350,000
      Mixed-Use
      $380,000
      Hospitality
      $360,000
      Educational
      $400,000
      Residential Income
      $420,000
      Energy
      $355,000
      Income-Based Land
      $435,000
      Food Service
      $425,000

    Location Insight

    • Map
    • Local Demand
    City
    Charlton
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.9881
    Latitude
    42.145
    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
    $3,050
    $3,100
    $265,900
    $269,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      3.37 Acres

      29 A Young Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 3.37 Acres
      29 A Young Rd, Charlton, MA 01507-1559
      View Details
    • Value Estimation
      $55,000
      3.50 Acres

      45 Sturbridge Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 3.50 Acres
      45 Sturbridge Rd, Charlton, MA 01507
      View Details
    • Value Estimation
      $285,000
      2,700 SF

      34th Worcester Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2,700 SF
      34th Worcester Rd, Charlton, MA 01507-1377
      View Details
    • Value Estimation
      $230,000
      3,570 SF

      105 Masonic Home Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 3,570 SF
      105 Masonic Home Rd, Charlton, MA 01507-1682
      View Details
    • Value Estimation
      $315,000
      1,045 SF

      107 Southbridge Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,045 SF
      107 Southbridge Rd, Charlton, MA 01507
      View Details
    • Value Estimation
      $300,000
      2,512 SF

      338 Southbridge Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2,512 SF
      338 Southbridge Rd, Charlton, MA 01507
      View Details

    Similar Nearby for Sale

    • $599,900

      Multi-Unit Property with Barn & Pool

      Unique property featuring apartments, barn, pool, and more.
      40 Carroll Hill Rd, Charlton, MA 01507
      View Details
    • $1,900,000
      99.00 Acres

      Charlton Residential Subdivision Potential

      Potential 41-lot single-family subdivision in Charlton, MA.
      Freeman Rd, Charlton, MA 01507
      View Details
    • $500,000
      1 SF

      Charlton Commercial Land For Sale

      One-acre commercially zoned land parcel at signalized intersection.
      6 Oxbow Rd, Charlton, MA 01507
      View Details
    • $695,000

      Versatile Medical Building with Parking

      Commercial property in the center of town with exceptional visibility.
      61 North Main St, Charlton, MA 01507
      View Details
    • Contact for pricing
      134 SF

      Charlton Subdivision Land Opportunity

      68-lot proposed subdivision in Charlton, convenient to major routes.
      28 Curtis Hill Rd, Charlton, MA 01507
      View Details
    • Contact for pricing
      17.60 Acres

      Charlton, MA Commercial Land

      17.6 acres, prime development opportunity.
      8 Main St, Charlton, MA 01507
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      30,000 SF

      Route 20 Charlton Industrial Space

      3,000 SF Flexible Space Available
      45 Sturbridge Rd, Charlton, MA 01507
      View Details
    • $2,000 /Mo

      Charlton Office/Retail Space Available

      Office/retail space available on RT 20 in Charlton, MA.
      100 Worcester Rd, Charlton, MA 01507
      View Details
    • Contact for pricing
      766,656 SF

      Charlton, MA Commercial Land Opportunity

      17.6 Acres, Prime Commercial Location
      8 Main St, Charlton, MA 01507
      View Details
    • Contact for pricing
      20,000 SF

      Charlton Industrial Space on Rt-20

      18,000 sq ft industrial space for lease on Rt-20.
      144 Sturbridge Rd, Charlton, MA 01507
      View Details
    • Contact for pricing
      17 SF

      Commercial Land on Worcester Road

      14+ acre commercial land parcel with frontage on Route 20.
      Road/N Main St, Charlton, MA 01507
      View Details
    • Contact for pricing
      1,197,000 SF

      Charlton Commerce Center Development

      1,197,000 square-foot cross-dock development in Charlton, MA.
      241 Sturbridge Rd, Charlton, MA 01507
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    32 Worcester Rd
    Charlton, MA 01507
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.