Gravel & sand potential land

Vacant Land for Sale
Catylist Listing ID: 30863632
Property Subtypes: Industrial, Other
Gross Land Area: 88 Acres
Sale Price: $1,000,000
Unit Price: $11,363 Per Acre
Sale Terms: Cash to Seller, Owner Financing, Other
Cap Rate: Undisclosed
Last Updated: 2/28/2024

Overview / Comments

88 acres improved with an 800'+ gravel road, 2,100 SF framed single-story building demised with three bedrooms and cathedral ceiling, 2,100 SF three-bay walkout basement (ideal for medical marijuana farming) and a recent surficial soil investigation report estimating upwards of 490,000 CY of aggregate for extraction. Both uses require applicable governmental approvals.

Will be able to subdivide the property in 2.5 years.

Whales Back mountain, 1605', straddling the New Hampshire state line in Oxford County, just north of Parsonsfield and east of Freedom, NH, is part of the property. The proximity to southern New Hampshire makes the sand and gravel extraction appealing.

Financials

Finance Data Year 2023
Real Estate Taxes - Annual($) $855 (Annual)

Additional Details

Nearest MSA: Portland-South Portland
County: Oxford
Tax ID/APN: R10-024A
Zoning: RURAL DISTRCIT
Site Description: Heavily forested site with substantial aggregate material and rising to Whales Back mountain, 1605'.
Lot Frontage: 900
Topography: Hilly
Soil Type: Gravel
Available Utilities: Electric

View FullscreenMap

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 1,498 4,584
Median Age: 44.4 47.26
Households: 621 1,982

Contact

Photograph of Listing Agent

Michael Rogers

eXp Realty NECPE Member
© Copyright 2001-2023 Moody's. All Rights Reserved. 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.