Commercial Land

Vacant Land for Sale
Catylist Listing ID: 10535153
Property Subtypes: Office, Retail, Retail-Pad
Gross Land Area: 2.59 Acres
Sale Price: $975,000
Unit Price: $376,447 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/9/2017

Overview / Comments

Retail/Office site located with a few feet of Applebee's Resturant, Hampton Inn and Dunkin Donuts. Lowes is a few hundred yards away. Located directly across Route 1 (of this property) is the (signaled) entrance to the proposed Super Wal-Mart development site. According to the developer, Wal-Mart is expecting to start construction in the late fall of this year (2011).

Owner will consider selling 1/2 of of the property or a long term pad site lease fpr 1/2 of the property or all of it. Call Listing Office for lease details.

Additional Details

Nearest MSA: Augusta-Waterville
County: Knox
Market Type: Large
Road Type: Paved, Highway
Property Visibility: Excellent
Largest Nearby Street: New County (Route 1)
Feet of Frontage: 316
Highway Access: Yes
Site Description: Prime retail/office pad site consisting of 2.59 acres. Site is close to being ready for development. Property is level and to grade
Area Description: Based on a recent study, (due to Lowes opening here) the estimated trade area has 114,000 residents. With the proposed Super Wal-Mart opening next year it is projceted that the trade are willl expand to include 180,000 (+/) residents.
Lot Frontage: 316
Lot Depth: 330
Zoning Description: Commercial
Available Utilities: Electric, Water
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 939 9,779 19,336
Median Age: 48.24 43.32 44.15
Households: 443 4,450 8,151


Photograph of Listing Agent

Douglas M. Erickson

The Masiello Group Commercial Associates
NECPE Member
© Copyright New England Commercial Property Exchange. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.