Twin Falls Landing- Residential and Commercial Subdivision
Vacant Land
for Sale
Sale Pending/Contingent
| Catylist Listing ID: |
30815334 |
| Property Subtypes: |
Office, Residential (Single Family), Retail, Retail-Pad
|
| Status: |
Pending/Contingent |
| Gross Land Area: |
66.70 Acres
|
| Sale Price: |
$3,100,000 |
| Unit Price: |
$46,476 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
5/25/2023 |
Overview / Comments
|
Plan for 59 Residential lots and 4 commercial lots. 2.6 miles to Rock Row Westbrook. Utilities stubbed at the entrance to the site. 15 Minute drive from Downtown Portland. 514,098+/- Population in metropolitan area. Abuts the Portland Trails "Stroudwater Trail" which 3.3 miles and allows for mountain biking, snowshoeing, boat access, and more. This densely wooded trail follows the winding banks of the Stroudwater River from the historic Stroudwater Village area to Smiling Hill Farm. Benches have been provided at scenic outlooks, and there are a number of bridges traversing streams and soggy areas.
|
Financials
| Finance Data Year |
2022 |
| Real Estate Taxes - Annual($) |
$21,982 (Annual) |
Additional Details
| Nearest MSA: |
Portland-South Portland |
| County: |
Cumberland |
| Tax ID/APN: |
05240_008-000-008B |
| Zoning: |
RESIDENTIAL GROWTH AREA 1 (RGA1) |
| Site Description: |
Beautiful setting with rolling topography is ready for single family development with 59 lots and 4 commercial sites along Spring Street in Westbrook |
| Lot Frontage: |
954 |
| Development Name: |
Twin Falls Landing |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
6,982 |
32,122 |
108,126 |
| Median Age: |
37.82 |
38.98 |
38.47 |
| Households: |
2,967 |
13,271 |
46,783 |
|
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