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: 6/2/2022

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

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 14,930 23,551
Median Age: 40.82 40.87
Households: 6,046 9,591

Contact

Photograph of Listing Agent

John Caramihalis

Masiello Group NECPE Member
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