See Home Value
$450,000
● Land - Off Market

1 Shale St

Worcester, MA 01604
bedrooms
Studio
bathrooms
0 Bath
$2,577
Est. Monthly
4.23%
Cap Rate

About This Property

***Attention Contractors|Flippers|Developers***Investment Opportunity in Worcester's Emerging Neighborhood.We are pleased to present a rare development opportunity in Worcester's rapidly growing area. This parcel of land, located in a hub of new apartment buildings, offers immense potential for growth.Preliminary zoning analysis indicates that this lot can accommodate at least 11 units by right, providing a compelling opportunity for developers and investors.Parking Layout: Basic layout available for review.We invite you to visit the property and explore its potential. Learn about Seller's finance options.
Unit Size
-
Days on Market
-
Land Size
0.29 acres
Price per sqft
-
Property Type
Land
Property Taxes
$367
HOA Dues
-
Year Built
-

Payment Calculator

Cap Rate Calculator

Last updated: 4 months ago (MLSPIN #73324904)

Price History

Date / Event Date Event Price
Mar 31, 2025 Sold
Sold
Mar 20, 2025 In contract -
In contract
Jan 9, 2025 Listed $450,000
Listed
Nov 27, 1996 Sold
Sold
Aug 27, 1993 Sold
Sold

Property Highlights


Building Info

Overview

    General

  • Building Count: 2
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 2
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,558
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000288
  • Standard Land Use Code: 1100
  • County Land Use Code: 109

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 732302

Zoning

  • Zoning: RG-5

Geography

  • Account Number: 4-006-22+24
  • Parcel: WORC M:04 B:006 L:22+24
  • Block: 6
  • Lot: 22+24
  • Municipality: WORCESTER
  • Latitude: 42.2609
  • Longitude: -71.7838

    Address

  • Full Address: 1 Shale St
  • Address - House Number: 1
  • Address - Street Name: Shale
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Zip Code: 01604

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $411,100
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1736
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 65
  • Final Value: 515,160
  • High Value: 604,600
  • Low Value: 425,719

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $286,700
  • Assessed Land Value: $85,800
  • Assessed Improvements Value: $200,900

    Sales

  • Current Sale Recording Date: Nov 27, 1996
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Aug 27, 1993
  • Previous Sale Amount: $59,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Franklin Plantation


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 27 Mount Vernon St, MA, 01605

$1,882 /mo

  • 1 Bed
  • 1 Bath
27 Mount Vernon St, MA, 01605 Listing by Rick Rivera


Frequently Asked Questions

When was property at 1 Shale Street built and last sold?
The property at 1 Shale Street was built in and last sold on Jan 1, 1970 for $72,900.
How much is this home worth?
The estimated value of the home located at 1 Shale Street is $0.
What are some comparable homes to 1 Shale Street?
There are currently no comparable homes to 1 Shale Street.