90 Acre Maine Development Site

Vacant Land for Sale
Catylist Listing ID: 30009219
Property Subtypes: Mobile Home Park, Multi-Family, Residential (Single Family)
Gross Land Area: 88 - 90 Acres
Sale Price: $595,000
Sale Terms: Cash to Seller, Owner Financing, Other
Cap Rate: Undisclosed
Last Updated: 12/14/2017

Overview / Comments

GREEN COURT ACRES in Waterboro Maine is an 88+acre lot with completed engineered plans for a 20-lot subdivision, a 2,500 +/-ft. partially completed road, with public water hookups to each of the 20-surveyed, 40,000 +/- SF building lots. All engineered plans, surveys and local planning applications from 2010-2013 are available.

Financials

Finance Data Year 2017
Real Estate Taxes - Annual($) $3,800 (Annual)

Additional Details

Nearest MSA: Portland-South Portland
County: York
Taxing Authority: Town of Waterboro
Tax ID/APN: 004-022
Zoning: RESIDENTIAL
Property Located Between: Kennebunk and Sanford Maine
Property Visibility: Excellent
Legal Description: BK 16057 PG 751
Largest Nearby Street: State Rte. 4
Feet of Frontage: 2,000
Traffic/Vehicle Count: 5,000
Highway Access: 20 minutes to Maine Turnpike Kennebunk Interchange.
Airports: Portsmouth and Portland both 45 minutes
Site Description: Site is wooded with a large gravel pit, with value-added gravel, that is designed to be a pond for the development. There is an access road serving the front 40 acres and an additional 40 + acres included for development expansion
Area Description: Rural town center. Small shops, nearby Hannaford Grocery. Site is across the street from Massabesic Regional High School.
Lot Frontage: See survey
Lot Depth: See plot plan
Zoning Description: Residential District includes land which is generally well suited for and capable of sustaining higher densities of development than presently exist because of its proximity to schools and other municipal services. It is also well served by public utitlies and all-weather roads. The soils slopes and topographic characteristics of land in this district are almost uniformly good enabling subsurface waste water disposal systems to operate efficiently.
Development Name: Green Court Acres
Topography: Level
Easements: Electric Lines
Easements Description: Property abuts a power line. An easement may be present. Due Diligence required
Soil Type: Gravel
Available Utilities: Electric, Water
Water Service: Municipal
Sewer Type: Septic

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 925 2,259 8,084
Median Age: 39.07 42.84 41.74
Households: 350 878 3,130

Contact

Photograph of Listing Agent

Anthony J. Donovan

KW Coastal Realty NECPE Member
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