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    Property profile & analytics

    734 Grafton St Worcester, MA 01604-2369

    • Super regional malls
    • 4,500 SF
    • 0.46 lot acres
    OFF-MARKET
    Value Estimation
    $410,000
    Last Sale
    Jul 13, 2022
    Location Intelligence
    Property ID
    US38-1258310
    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

    • Tip Top Nails & Spa / Nail Salon
    • hair salon in worcester, ma | (508) 421-4700 cut or dye hair studio / Beauty Salon
    • Edgemere Mini Mart / Convenience Store
    • Coin Cloud Bitcoin ATM / Atm / Currency Exchange Service
    • ATM / Atm

    Property Details for 734 Grafton St

    Year built
    1986
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.46 lot acres
    Property size
    4,500 SF
    Zone code
    BL-1
    Property type
    Super regional malls
    APN
    WORC M:34 B:010 L:00015
    APU
    WORCM34B010L00015

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $380,000

    • CAP approach

      CAP return
      Estimation
      6%
      $500,000
      6.5%
      $470,000
      7%
      $560,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $445,000
      Geo Method
      $545,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $445,000
      Retail
      $535,000
      Mixed-Use
      $535,000
      Hospitality
      $575,000
      Educational
      $545,000
      Residential Income
      $575,000
      Energy
      $510,000
      Income-Based Land
      $570,000
      Food Service
      $575,000

    Location Insight

    • Map
    • Local Demand
    City
    Worcester
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.7672
    Latitude
    42.2505
    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
    $16,510
    $296,700
    $252,900
    $549,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      9,840 SF

      386 Shrewsbury St

      REGIONAL SHOPPING CENTER, MALL • 9,840 SF
      386 Shrewsbury St, Worcester, MA 01604-1687
      View Details
    • Value Estimation
      $595,000
      6,860 SF

      1280 Grafton St

      REGIONAL SHOPPING CENTER, MALL • 6,860 SF
      1280 Grafton St, Worcester, MA 01604-2661
      View Details
    • Value Estimation
      $445,000
      5,899 SF

      1121 Grafton St

      REGIONAL SHOPPING CENTER, MALL • 5,899 SF
      1121 Grafton St, Worcester, MA 01604-2049
      View Details
    • Value Estimation by Request
      55,531 SF

      72 Shrewsbury St

      REGIONAL SHOPPING CENTER, MALL • 55,531 SF
      72 Shrewsbury St, Worcester, MA 01604-4660
      View Details
    • Value Estimation
      $675,000
      7,800 SF

      759 Grafton St

      REGIONAL SHOPPING CENTER, MALL • 7,800 SF
      759 Grafton St, Worcester, MA 01604-2366
      View Details
    • Value Estimation by Request
      12,460 SF

      347 Grafton St

      REGIONAL SHOPPING CENTER, MALL • 12,460 SF
      347 Grafton St, Worcester, MA 01604-3709
      View Details

    Similar Nearby for Sale

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      Retail property featuring an open floor plan and dedicated parking.
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      Three-unit mixed-use property in a high-visibility location.
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    Similar Nearby for Lease

    • Contact for pricing
      1,200 SF

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      Retail space available in a busy, anchored shopping center.
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      View Details
    • Contact for pricing
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      Retail and office spaces available in Worcester, Massachusetts.
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    • $3,500 /Mo
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      Retail space with full kitchen and bar in Worcester Market.
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    • $3,500 /Mo

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      Rare opportunity in high-traffic Worcester Public Market.
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    • $35 SF/Yr
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      Prime 2,000 sq ft retail space in vibrant Canal District.
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      Two-story commercial space for lease in Worcester's eastside.
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      View Details
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    734 Grafton St
    Worcester, MA 01604-2369
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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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