Heritage Village Cumberland

Vacant Land for Sale
Catylist Listing ID: 30573854
Property Subtypes: Multi-Family, Office
Gross Land Area: 25.67 Acres
Sale Price: $550,000 - 3,225,000
Unit Price: $21,425 - 125,633 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/4/2020

Overview / Comments

3 Lots totaling 25.67± AC parcel, vacant and ready for development
High visibility, abuts I-295
Contract Zone for 120 residential units (on Lots 7 & 7A) and Commercial
(Lots 7A & 8)
Residential: Up to 100 Units. Mixed Use: 20 residential units with 10,000± SF Commercial. Commercial Development: 45,000± SF
Three lots available from $550,000 to $2,000,000

Financials

Finance Data Year 2020
Real Estate Taxes - Annual($) $3,353 (Annual)

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: R1 Block 7,7A, 8
Zoning: HVCZ HERITAGE VILLAGE CONTRACT ZONE
Site Description: 3 Lots totaling 25.67 ac parcel, vacant ready for development
Lot Frontage: Access via Skyview Drive

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,982 11,193 39,293
Median Age: 49.78 46.7 43.96
Households: 812 4,351 15,901

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