Cascade Falls - Land For Sale - Opportunity Zone Property - Large Lot

Vacant Land for Sale
Also listed as Retail-Commercial, Office
Catylist Listing ID: 30298431
Property Subtypes: Industrial, Office, Retail
Building Status: Proposed
Gross Land Area: 1.50 - 15 Acres
Sale Price: $225,000 - 2,250,000
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/20/2021

Overview / Comments

Development land available for sale on Route 1 just over the Scarborough line in Saco. There is lots of activity in this region right now.

This land has been through a rigorous approval process and is ready for development. You won't be able to construct your business anywhere else as quickly as you can here. In addition to approvals in place, utilities can be stubbed to the site requiring only your building design and site plan review to begin construction.

There are up to approximately 4.5 acres along Route 1 which can be subdivided down to three 1.5+/- acre lots. For larger developments there are up to 15 acres potentially available.

Come take advantage of the Opportunity Zone as part of the recent Federal Tax Reform, which this property falls within.

Attachments & Media

Additional Details

Nearest MSA: Portland-South Portland
County: York
Tax ID/APN: Map 63 Lot 6
Property Located Between: Waterfall Drive & Eastview Parkway
Property Visibility: Excellent
Largest Nearby Street: US Route 1
Feet of Frontage: 600
Traffic/Vehicle Count: 19,750
Site Description: This contract zone call allow buildings up to 80,000 sf
Lot Frontage: 600
Zoning Description: Contract Zone. See broker for details.
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 17,164 52,874
Median Age: 45.27 42.12
Households: 7,391 22,736
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