Residential/Commercial Development

Vacant Land for Sale
Catylist Listing ID: 30785802
Property Subtypes: Multi-Family, Residential (Single Family)
Gross Land Area: 6 Acres
Sale Price: $825,000
Unit Price: $137,500 Per Acre
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 11/30/2022

Overview / Comments

6.0± acres of developable land is available for sale with a 8,930± SF building on the lot. GR4 zoning allows for up to 6± residential units per acre, an estimated 36 units total. Centralized location 1 mile from I-295, 0.5 miles from US Hwy 1/Pleasant Street, and 1.5 miles to downtown Brunswick, ME. Property abuts Brunswick Golf Club. There is potential to use some of the existing infrastructure to reduce development costs.

Back on market!

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Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: 05030_16-2
Zoning: GR4
Largest Nearby Street: Range Road
Feet of Frontage: 1,250
Site Description: 6.0± acres of developable land is available for sale with a 8,930± SF building on the lot. There is potential to use some of the existing infrastructure to reduce development costs.
Lot Frontage: 1250
Available Utilities: Sewer
Water Service: Well

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,831 17,232 32,087
Median Age: 43.96 41.53 42.67
Households: 842 7,221 13,227

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