Prime Development Site
Vacant Land
for Sale
Sale Pending
Catylist Listing ID: |
30352096 |
Property Subtypes: |
Multi-Family, Residential (Single Family), Retail
|
Status: |
Pending |
Gross Land Area: |
29 Acres
|
Sale Price: |
$745,000 |
Unit Price: |
$25,689 Per Acre |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
2/15/2021 |
Overview / Comments
29 acres of land ideally suited for mixed-use development including retail, residential, multi-family and assisted living.
Zoned Rural Residence (RR) & General Business (GB)
Located on heavily traveled Mt. Auburn Avenue.
Close to the Auburn Mall, Walmart, BJ's, Home Depot, Lowe's, Hobby Lobby and many other national retailers.
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Financials
Finance Data Year |
2020 |
Assessed Value - Total($) |
$1,439,400 (Annual) |
Real Estate Taxes - Annual($) |
$34,186 (Annual) |
Additional Details
Nearest MSA: |
Lewiston-Auburn |
County: |
Androscoggin |
Submarket/Township: |
Lewiston/Auburn |
Submarket Type: |
Central Business District |
Taxing Authority: |
City of Auburn |
Tax ID/APN: |
279/004, 006-1, 007 |
Zoning: |
RR & GB |
Property Visibility: |
Excellent |
Legal Description: |
8495/133
7829/242
8491/55 |
Feet of Frontage: |
408 |
Site Description: |
Three lots totaling 29.12± acres |
Lot Frontage: |
408 |
Zoning Description: |
RR - Rural Residence
GB - General Business |
Water Service: |
Municipal |
Sewer Type: |
Municipal |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
4,627 |
44,558 |
58,069 |
Median Age: |
36.11 |
37.23 |
38.2 |
Households: |
2,036 |
19,047 |
24,533 |
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