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: |
$18,235 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
3/29/2021 |
Overview / Comments
25.5± acres for development just off Gorham Road
Close proximity to Maine Turnpike and I-295
Zoned mixed-use district allowing for multiple uses including professional office, business services, residential dwellings, and other commercial development
Previously-approved, 7-lot development directly on Nonesuch River Golf Course
|
Financials
| Finance Data Year |
2021 |
| Assessed Value - Total($) |
$514,700 (Annual) |
| Real Estate Taxes - Annual($) |
$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. |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
16,178 |
94,173 |
| Median Age: |
39.74 |
39.14 |
| Households: |
6,366 |
39,945 |
|
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