13 Centennial DrGrafton, MA 01536

  • Showrooms
  • 14,382 SF
For Sale
$2,975,000 View listing

Property Details for 13 Centennial Dr

Year built
2007
Lot size
6.01 AC
Property size (Sq ft)
14,382 SF
Zone code
OLI
Property type
Showrooms
APN
GRAF M:0005 B:0000 L:0001.G
APU
GRAFM0005B0000L0001G

Description

This exceptional 15,636-square-foot flex building presents a unique owner-user opportunity in Grafton, Massachusetts. Located at 13 Centennial Drive, this vacant property sits on a generous 6.01-acre lot and offers a versatile layout ideal for a variety of businesses. The building boasts a 14-foot ceiling height, providing ample vertical space for storage or specialized equipment. The functional design includes a convenient drive-in door, well-appointed office/showroom space, a dedicated production area, and a separate shed for additional storage or workshop needs. The property is equipped with robust power infrastructure, featuring 600 amps of 480v 3-phase power, ensuring sufficient capacity for demanding operations. Heating is provided by a gas system, complemented by central air conditioning for year-round comfort. The property is zoned for Office/Light Industrial use within a Campus Development Overlay District. Its strategic location off Route 20 offers easy access to Westborough Center and the Tufts School of Veterinary Medicine, providing excellent visibility and convenient access to major transportation routes and amenities. The asking price is $2,975,000, translating to $190.27 per square foot. This represents a compelling investment opportunity for businesses seeking a functional, well-located, and spacious facility in a thriving area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,495,328
    6.5%
    $3,226,457
    7%
    $2,995,996
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,735,464
    Geo Method
    $4,735,464
  • Alternative Use

    Use
    Valuation
    Residential
    $2,721,637
    Hospitality
    $2,493,005
    Educational
    $2,074,151
    Medical
    $2,145,484
    Retail
    $3,226,457

Location Insight

City
North Grafton
County
Worcester
State
Massachusetts
Latitude
42.2492
Longitude
-71.6892
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
$45,135
$347,700
$2,806,400
$3,154,100
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FAQs

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