Development Land for housing
Vacant Land
for Sale
| Catylist Listing ID: |
30798533 |
| Property Subtypes: |
Industrial, Multi-Family, Residential (Single Family), Self Storage
|
| Gross Land Area: |
5.50 Acres
|
| Sale Price: |
$525,000 |
| Unit Price: |
$95,454 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
8/27/2023 |
Overview / Comments
Property to be broken out of a larger parcel with access to Route 109. Property has natural gas, 3 phase power and broadband at Route 109. Lot can be developed for many things but highest and best use is likely multifamily housing, manufacturing or self storage. The Urban zoning allows for a high concentration of lot coverage depending upon the proposed use.
Land acreage is approximate based on proposed lot division. Surveyor is working on the division at this time.
|
Financials
| Finance Data Year |
2022 |
| Real Estate Taxes - Annual($) |
$9,999 (Annual) |
Additional Details
| Nearest MSA: |
Portland-South Portland |
| County: |
York |
| Tax ID/APN: |
0R15/ 0060/ 0000/ / |
| Zoning: |
URBAN |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Route 109 (Main Street) |
| Feet of Frontage: |
75 |
| Traffic/Vehicle Count: |
17,000 |
| Highway Access: |
Route 109 |
| Airports: |
Sanford Municipal Airport |
| Site Description: |
Rear sloping wooded development parcel with Route 109 access |
| Lot Frontage: |
75 |
| Lot Depth: |
1100 |
| Zoning Description: |
Urban. Discuss possible use with codes office as there are many allowable uses in this zone with a high level of lot coverage. |
| Topography: |
Rolling |
| Available Utilities: |
Electric, Water, Gas, Cable, Broadband, Internet Access |
| Water Service: |
Municipal |
| Sewer Type: |
None |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
14,930 |
23,551 |
| Median Age: |
40.82 |
40.87 |
| Households: |
6,046 |
9,591 |
|
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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.
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