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The property on which a John Deere tractor dealership operates off Route 2 in Lancaster has sold for $2.3 million to a New Jersey realty trust firm.
The buyer, Essential Properties Realty Trust, bought the site of United Ag & Turf at 700 Fort Pond Road. The nearly nine-acre site, formerly Padula Brothers, was owned by a limited liability corporation registered to Caroline Mansfield of Athol.
The sale closed Nov. 4.
The site was last assessed by the Town of Lancaster at just over $2.1 million. It last sold for $1 million in 2012, before the dealership was built.
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Worcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
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