Development Land / For Sale

Vacant Land for Sale
Catylist Listing ID: 30762721
Gross Land Area: 92 Acres
Sale Price: $995,000
Unit Price: $10,815 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/15/2024

Overview / Comments

92+/- AC FOR DEVELOPMENT

Direct frontage on US Route 2/4, also known as Wilton Road

This Route is the State’s major East/West highway from New Hampshire to Bangor with an estimated AADT17 of 16,470

Centrally located in the area’s heavily traveled commercial corridor between Hannaford and Walmart

Attachments & Media

Additional Details

Nearest MSA: Augusta-Waterville
County: Franklin
Tax ID/APN: R09-030-A
Zoning: FF
Property Visibility: Good
Traffic/Vehicle Count: 16,470
Site Description: The two separately deeded parcels include 92+/- AC acres of land and 300’+/- of road frontage on the westerly side of Route 2/4 and across from 338 Wilton Road, the former McCleery farmhouse and barn. The parcels are offered in their entirety. The photo to the right presents an engineer’s concept plan of how a developer might consider subdividing the land with a 1.38± AC parcel on the highway and various size lots that may be suitable for a business park. The land has not gone through subdivision. The current zoning is farm and forest. There are no wetlands, soils or engineering studies. A buyer should assume some areas may be designated at wet. It is believed that sewer is stubbed at or near the property’s frontage. Please note that previous parcels were sold.
Lot Frontage: 300

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 5,833 10,330
Median Age: 34.77 35.81
Households: 2,235 4,115

Contact

Photograph of Listing Agent

John F. Doyon, CCIM

Malone Commercial Brokers NECPE Member
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