Business Friendly Land/Development Opportunity

Vacant Land for Sale
Catylist Listing ID: 30860580
Property Subtypes: Industrial, Office, Self Storage, Other
Gross Land Area: 5.50 Acres
Sale Price: $575,000
Unit Price: $104,545 Per Acre
Sale Terms: Sale/Leaseback
Cap Rate: Undisclosed
Last Updated: 5/28/2024

Overview / Comments

Lot 9 offers 5.5+/- acres with a developable footprint of 2.2+/- acres. This size can accommodate various types of businesses and their facility needs up to 40-50k SF building. The availability of public water, sewer, and natural gas on-site are a bonus, & lot is easily accessible to all of Greater Portland. The emphasis on being a business-friendly community and supporting economic development in Gorham is a promising aspect for businesses looking to establish or expand in the area. Zoning will support a vast array of industrial, manufacturing, heavy equipment, technology & office uses.

Financials

Finance Data Year 2023
Real Estate Taxes - Annual($) $3,178 (Annual)

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: GRHM-000034-000003-000009
Zoning: OLDE CANAL INDUSTRIAL
Site Description: 5.5+/- acres with a developable footprint of 2.2+/- acres. This size can accommodate various types of businesses and their facility needs up to 40-50k SF building.
Lot Frontage: 298
Zoning Description: Olde Canal Industrial District
Available Utilities: Water, Gas, Sewer
Water Service: None
Sewer Type: None

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 19,225 52,881
Median Age: 38.64 38.98
Households: 7,394 20,484
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