25.5± Acre Development Site

Vacant Land for Sale
Catylist Listing ID: 30716922
Property Subtypes: Hospitality, Multi-Family, Office, Residential (Single Family), Retail, Other
Gross Land Area: 25.50 Acres
Sale Price: $465,000
Unit Price: $18,235 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/29/2021

Overview / Comments

25.5± acres for development just off Gorham Road
Close proximity to Maine Turnpike and I-295
Zoned mixed-use district allowing for multiple uses including professional office, business services, residential dwellings, and other commercial development
Previously-approved, 7-lot development directly on Nonesuch River Golf Course

Attachments & Media

Financials

Finance Data Year 2021
Assessed Value - Total($) $514,700 (Annual)
Real Estate Taxes - Annual($) $7,566 (Annual)

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Taxing Authority: Town of Scarborough
Tax ID/APN: Map R34, Lots 6-12
Zoning: RH
Property Located Between: At Nonesuch River Golf Course
Property Visibility: Excellent
Largest Nearby Street: Payne Road and Maine Turnpike
Highway Access: Maine Turnpike and I-295
Airports: Portland International Jetport
Site Description: Less than 1 mile from Maine Mall
Area Description: Retail and professional office districts
Zoning Description: Running Hill Mixed-Use
Topography: Level
Easements Description: Easements in place. Contact broker for details.

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 16,178 94,173
Median Age: 39.74 39.14
Households: 6,366 39,945

Contact

Photograph of Listing Agent

Daniel Greenstein

The Boulos Company NECPE Member
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