Prime Development Site: Build to Suit Opportunities Available

Vacant Land for Sale
Also listed as Office
Catylist Listing ID: 30373505
Property Subtypes: Multi-Family, Office, Retail, Retail-Pad, Other
Gross Land Area: 2.83 Acres
Sale Price: $1,050,000
Unit Price: $371,024 Per Acre
Sale Terms: Build-to-Suit
Cap Rate: Undisclosed
Last Updated: 1/24/2022

Overview / Comments

Situated in the heart of Scarborough’s retail/commercial district.
2.83± AC parcel approved to accommodate up to 35,000± SF of office or medical office space.
Located off Route 1 in Scarborough and is easily accessible from both I-95 and I-295.
Pre-permitted for grading, storm water and utilities.
Sale Price: $1,050,000
Lease Rate: TBD based on Tenant requirements.
Landlord willing to build-to-suit and/or subdivide to 7,500± SF.

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Largest Nearby Street: US Route 1
Highway Access: I-295 & I-95
Site Description: Located off Route 1 in Scarborough and is easily accessible from both I-95 and I-295.
Zoning Description: TVC: Town and Village Centers
Water Service: Municipal
Sewer Type: Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,621 23,064 81,601
Median Age: 41.67 44.37 39.74
Households: 1,085 9,633 36,828


Photograph of Listing Agent

Drew Sigfridson, SIOR

The Boulos Company NECPE Member
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