Twin Falls Landing- Residential and Commercial Subdivision

Vacant Land for Sale
Catylist Listing ID: 30815334
Property Subtypes: Office, Residential (Single Family), Retail, Retail-Pad
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: 9/26/2022

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

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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

Contact

Photograph of Listing Agent

Timothy J. Millett

Porta & Company NECPE Member
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