NE Provenance

318 Park Ave

Worcester, MA 01602

Commercial
Owner
318...
Owner Type
LLC
Tenure
8 yrs
Assessed
$603,400
Built
1950
Sq Ft
2,540
Lot
0.35 ac
Bed/Bath
—
Type
Commercial
Elevated Risks18ConditionC3Fire GradeAPermits11Last PermitJun 2025FloodX

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318 Park Ave, Worcester, MA 01602— Property Report

Building& Property Details

318 Park Ave is a Warehouse commercial built in 1950 located in Worcester, WORCESTER County, MA. The building has 2,540 square feet of building area on a 0.35-acre lot.

Flood Zone & Natural Hazard Assessment

318 Park Ave is in FEMA flood zone X. Zone X is outside the Special Flood Hazard Area, meaning the property has minimal flood risk according to FEMA mapping. The FEMA National Risk Index composite rating for this area is Relatively Low. The ASCE 7-22 design wind speed for this location is 123 mph. The ground snow load is 50 psf. The EPA radon zone is 1 (highest potential).

Fire Protection

NE Provenance rates the fire protection for 318 Park Ave at Grade A (Excellent fire protection access). The nearest fire station, WORCESTER FIRE DEPARTMENT, is 0.4 miles away. This grade reflects fire station proximity, department capabilities, hydrant coverage, and municipal water infrastructure. Properties with Grade A or B typically receive favorable insurance rates due to strong fire protection infrastructure.

Building Permits & Property History

Municipal records show 11 building permits on file for 318 Park Ave. The most recent permit was filed June 19, 2025. In the past five years, 3 permits have been issued. The current municipal assessment is $603,400, with $224,500 attributed to land and $378,900 to improvements. The property last sold on March 20, 2018 for $980,000.

WorcesterNeighborhood & Community

318 Park Ave is located in Worcester, WORCESTER County, MA. The property is zoned BG-3.0 (General Business 3 To 1 Floor Area Ratio). The median home value in this census tract is $274,100. Median household income is $39,958. The owner-occupancy rate in the surrounding area is 10%. The property is served by the Worcester school district.

Full Property Intelligence Report

The complete NE Provenance report for 318 Park Ave, Worcester, MA includes over 430 data attributes sourced from 140+ public and proprietary datasets. The full report covers building construction and materials, NEP Condition Estimate derived from permit history, system ages for roof, electrical, plumbing, and HVAC, complete ownership and deed chain with transaction classification, FEMA flood and coastal hazard analysis, environmental contamination screening, and neighborhood demographics. Available as a professional property wallet, PDF report, or structured data export.