LOT 4 Route One

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30630905
Property Subtypes: Agricultural, Hospitality, Industrial, Mobile Home Park, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage, Vacation/Resort, Other
Status: Pending
Gross Land Area: 20.20 Acres
Sale Price: $1,000,000
Unit Price: $49,504 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/22/2021

Overview / Comments

~ Traffic Signal at Entry
~ Business Zone (B-6)
~ 1044’ Rte. 1 Frontage
~ Water & Utilities at Street
~ Sewer Coming Spring 2021
~ Opportunity Zone
~ Partially Cleared, Level Lot
~ Wetland Delineation Complete
~ AADT 19,330

Additional Details

Nearest MSA: Portland-South Portland
County: York
Taxing Authority: SACO, ME
Tax ID/APN: 0000000
Zoning: B-6
Highway Access: Route 1; Turnpike 3 miles away
Site Description: Level, partially cleared lot with 846 feet of frontage on Route One. Includes corner lot at Flag Pond Rd, and traffic signal access at Cascade Road.
Area Description: In opportunity zone, this area has experienced much sales and building activity in the last two years. This is last big parcel with as much frontage, and is ripe for development.
Lot Frontage: 846
Soil Type: Mixed
Available Utilities: Electric, Water, Storm Drain, Cable, Internet Access
Water Service: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 20,538 52,020
Median Age: 44.66 42.12
Households: 8,989 22,334


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