Commercial Land

Vacant Land for Sale
Catylist Listing ID: 10535153
Property Subtypes: Office, Retail, Retail-Pad
Gross Land Area: 2.59 Acres
Sale Price: $975,000
Unit Price: $376,447 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/3/2017

Overview / Comments

Retail/Office site located with a few feet of Applebee's Resturant, Hampton Inn and Dunkin Donuts. Lowes is a few hundred yards away. Located directly across Route 1 (of this property) is the (signaled) entrance to the proposed Super Wal-Mart development site. According to the developer, Wal-Mart is expecting to start construction in the late fall of this year (2011).

Owner will consider selling 1/2 of of the property or a long term pad site lease fpr 1/2 of the property or all of it. Call Listing Office for lease details.

Additional Details

Nearest MSA: Augusta-Waterville
County: Knox
Zoning: COMMERCIAL
Market Type: Large
Road Type: Paved, Highway
Property Visibility: Excellent
Largest Nearby Street: New County (Route 1)
Feet of Frontage: 316
Highway Access: Yes
Site Description: Prime retail/office pad site consisting of 2.59 acres. Site is close to being ready for development. Property is level and to grade
Area Description: Based on a recent study, (due to Lowes opening here) the estimated trade area has 114,000 residents. With the proposed Super Wal-Mart opening next year it is projceted that the trade are willl expand to include 180,000 (+/) residents.
Lot Frontage: 316
Lot Depth: 330
Zoning Description: Commercial
Available Utilities: Electric, Water
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 939 9,779 19,336
Median Age: 48.24 43.32 44.15
Households: 443 4,450 8,151

Contact

Photograph of Listing Agent

Douglas M. Erickson

The Masiello Group Commercial Associates
NECPE Member
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