Prime Scarborough Turnpike Development site

Vacant Land for Sale
Catylist Listing ID: 30716527
Property Subtypes: Industrial, Office, Retail, Self Storage
Gross Land Area: 25 Acres
Sale Price: $2,225,000
Unit Price: $89,000 Per Acre
Land Splits Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/15/2021

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.

Attachments & Media

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Taxing Authority: Town of Scarborough, Maine
Tax ID/APN: R39/lots 001 and 003
Zoning: HAGGIS PARKWAY OVERLAY DISTRICT
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

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 13,988 74,328
Median Age: 40.15 39.66
Households: 5,513 31,969

Contact

Photograph of Listing Agent

Robert Baldacci

FO Bailey Real Estate
NECPE Member
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