Prime Scarborough Turnpike Development site
Vacant Land
for Sale
Sale Pending/Contingent
| Catylist Listing ID: |
30716527 |
| Property Subtypes: |
Industrial, Office, Retail, Self Storage
|
| Status: |
Pending/Contingent |
| Gross Land Area: |
25 Acres
|
| Sale Price: |
$1,950,000 |
| Unit Price: |
$78,000 Per Acre |
| Land Splits Available: |
Yes |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/5/2024 |
Overview / Comments
25+/- acre development site bordering on the Maine Turnpike North with over 1000 feet of frontage on Payne Rd in Scarborough. Land is zoned under the Haggis Parkway Overlay District. Highest and best use warehouse, distribution and light industrial development. Would require contract zone change. Public water, sewer, and gas available. Site development is subject to Maine Department of Environmental Protection wetlands impact fee assessment.
|
Additional Details
| Nearest MSA: |
Portland-South Portland |
| County: |
Cumberland |
| Taxing Authority: |
Town of Scarborough, Maine |
| Tax ID/APN: |
R39/lots 001 and 003 |
| Zoning: |
GENERAL BUSINESS DISTRICT B3 |
| Property Located Between: |
Maine Turnpike and Payne Rd Scarborough, Maine |
| Property Visibility: |
Excellent |
| Legal Description: |
Cumberland County Registry of Deeds Book 11184/10205 page 70 |
| Largest Nearby Street: |
Payne Rd |
| Feet of Frontage: |
1,125 |
| Traffic/Vehicle Count: |
9,000 |
| Highway Access: |
Payne Rd and close access to Maine Turnpike North and South |
| Airports: |
Portland Jet Port 3.2 miles from site. |
| Site Description: |
Prime 25+/- acres located at Exit 42 Maine Turnpike Scarborough exit with Turnpike exposure and over 1125 feet of frontage on Payne Rd. Land development is subject to DEP wetland impact fee. |
| Area Description: |
Land is located adjacent to national/ global warehouse and distribution facilities. Close to Scarborough Downs mixed use redevelopment project and Cabela's Gateway commercial center. |
| Lot Frontage: |
1,125 feet |
| Lot Depth: |
See attached plot plan |
| Zoning Description: |
Haggis Parkway Overlay. |
| Topography: |
Level |
| Soil Type: |
Muck |
| Available Utilities: |
Electric, Water, Gas, Sewer, Cable, Broadband |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
13,988 |
74,328 |
| Median Age: |
40.15 |
39.66 |
| Households: |
5,513 |
31,969 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither New England Commercial Property Exchange nor
Moody's assume any liability for errors or omissions.
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