Located means placed or situated in a particular spot. Located in the centre, conveniently located, where is it located.
It is a favourite of estate agents and of official writing, where conveniently located means near something they will not name. In plain writing, is in usually does the same work in two fewer words.
1adjectivelocatedPlaced or situated in a particular spot.
“The hotel is located right next to the beach.”
located is a state.