28± Acre Development Site
Vacant Land
for Sale
| Catylist Listing ID: |
30716873 |
| Property Subtypes: |
Hospitality, Office, Retail, Other
|
| Gross Land Area: |
28 Acres
|
| Sale Price: |
$525,000 |
| Unit Price: |
$18,750 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/20/2021 |
Overview / Comments
This is an outstanding site for a Class A office facility with visibility from the Maine Turnpike combined with a natural environment setting complete with nature trails and outdoor picnic areas among the woods. The land and proposed building offer expansive views of the Nonesuch River. The site has easy access to Exits 6 and 7 of the Maine Turnpike and is located within one mile of the Maine Mall and I-295.
28 acres for development on Payne Road
Easy access from Exit 45 of I-95 and tremendous turnpike visibility
Less than 1 mile from the Maine Mall and in close proximity to Marden’s, Sam’s Club, Walmart, Lowe’s, Bob’s Discount Furniture, Home Goods and other Gallery Boulevard retailers.
|
Financials
| Finance Data Year |
2021 |
| Assessed Value - Total($) |
$1,175,000 (Annual) |
| Real Estate Taxes - Annual($) |
$23,030 (Annual) |
Additional Details
| Nearest MSA: |
Portland-South Portland |
| County: |
Cumberland |
| Taxing Authority: |
Town of Scarborough |
| Tax ID/APN: |
Map R38, Lot 6 |
| Zoning: |
B3, B2, RP |
| Property Located Between: |
Across from Mussey Rd, near Ashley Drive and Bridges Drive |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Maine Turnpike |
| Highway Access: |
Maine Turnpike Exit 45 |
| Airports: |
Portland International Jetport |
| Site Description: |
Near retail and professional office districts |
| Zoning Description: |
General and Regional Business, Resource Protection |
| Topography: |
Level |
| Water Service: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
2,621 |
21,411 |
96,612 |
| Median Age: |
41.67 |
41.95 |
38.95 |
| Households: |
1,085 |
8,684 |
42,219 |
|
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