Gravel & sand potential land
Vacant Land
for Sale
Also listed as Special Purpose
| Catylist Listing ID: |
30863632 |
| Property Subtypes: |
Industrial, Other
|
| Gross Land Area: |
88 Acres
|
| Sale Price: |
$895,000 |
| Unit Price: |
$10,170 Per Acre |
| Sale Terms: |
Cash to Seller, Owner Financing, Other |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/14/2024 |
Overview / Comments
88 acres improved with an 800'+ gravel road, 2,100 SF framed single-story building demised with three bedrooms and cathedral ceiling, 2,100 SF three-bay walkout basement (ideal for medical marijuana farming) and a recent surficial soil investigation report estimating upwards of 490,000 CY of aggregate for extraction. Both uses require applicable governmental approvals.
Will be able to subdivide the property in 2026.
Whales Back Mountain, 1605', straddling the New Hampshire state line in Oxford County, just north of Parsonsfield and east of Freedom, NH, is part of the property. The proximity to southern New Hampshire makes the sand and gravel extraction appealing.
|
Financials
| Finance Data Year |
2023 |
| Real Estate Taxes - Annual($) |
$855 (Annual) |
Additional Details
| Nearest MSA: |
Portland-South Portland |
| County: |
Oxford |
| Tax ID/APN: |
R10-024A |
| Zoning: |
RURAL DISTRCIT |
| Site Description: |
Heavily forested site with substantial aggregate material and rising to Whales Back mountain, 1605'. |
| Lot Frontage: |
900 |
| Topography: |
Hilly |
| Soil Type: |
Gravel |
| Available Utilities: |
Electric |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
1,498 |
4,584 |
| Median Age: |
44.4 |
47.26 |
| Households: |
621 |
1,982 |
|
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The information presented herein is provided as is, without warranty of any kind.
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