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    Property profile & analytics

    55 Main St North Grafton, MA 01536-1519

    • Commercial real estate
    • 2,623 SF
    • 0.58 lot acres
    OFF-MARKET
    Value Estimation
    $355,000
    Last Sale
    Oct 24, 2023
    Location Intelligence
    Property ID
    US38-1927603
    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

    • Commercial real estate

    Property Details for 55 Main St

    Year built
    1920
    Lot size
    0.58 lot acres
    Property size
    2,623 SF
    Zone code
    NB
    Property type
    Commercial real estate
    APN
    GRAF M:0027 B:0000 L:0069.A
    APU
    GRAFM0027B0000L0069A

    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
    -71.7091
    Latitude
    42.2347
    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
    $5,701
    $214,100
    $184,300
    $398,400
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      3,100 SF

      92 Worcester St

      Neighborhood centers • 3,100 SF
      92 Worcester St, Grafton, MA 01536
      View Details
    • Value Estimation by Request
      13.30 Acres

      88 Westboro Rd

      COMMERCIAL (GENERAL) • 13.30 Acres
      88 Westboro Rd, North Grafton, MA 01536-1852
      View Details
    • Value Estimation
      $215,000
      1,390 SF

      33 Main St

      SHOW ROOM, WAREHOUSE • 1,390 SF
      33 Main St, North Grafton, MA 01536-1560
      View Details
    • Value Estimation by Request
      1.60 Acres

      218 Worcester St

      COMMERCIAL (GENERAL) • 1.60 Acres
      218 Worcester St, North Grafton, MA 01536-1258
      View Details
    • Value Estimation by Request
      12,000 SF

      104 Creeper Hl Rd

      COMMERCIAL (GENERAL) • 12,000 SF
      104 Creeper Hl Rd, North Grafton, MA 01536-1433
      View Details
    • Value Estimation by Request
      31,817 SF

      91 Worcester St

      SHOW ROOM, WAREHOUSE • 31,817 SF
      91 Worcester St, North Grafton, MA 01536-1017
      View Details

    Similar Nearby for Sale

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      Shovel-ready 6-lot subdivision near transportation, approved and ready to build.
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      Well-Maintained Office Building Near Boston

      15,306 SF office building near Boston with convenient transportation.
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      Grafton Logistics Center: Prime Warehouse

      Massive warehouse, ideal location, build-to-suit option.
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    55 Main St
    North Grafton, MA 01536-1519
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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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