Land for Residential Development

Vacant Land for Sale
Catylist Listing ID: 30642291
Property Subtypes: Multi-Family, Residential (Single Family)
Gross Land Area: 78.31 Acres
Sale Price: $995,000
Unit Price: $12,705 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/24/2023

Overview / Comments

78 Acres of prime development land with gradual contours on the westerly side of the City of Sanford. Site has public water available with potential for public sewer.. With access from Twombly Road and the opportunity to use frontage on Lebanon St (Rte 11/202) for convenient access/egress from your neighborhood project.

Zoning is Residential Development (RD) with favorable density allocations per acre and the possibility for 10 dwellings per acre with effective use of the density bonus ordinance.

Additional Details

Nearest MSA: Portland-South Portland
County: York
Taxing Authority: City of Sanford
Tax ID/APN: Map 031 Lot 0014
Largest Nearby Street: Lebanon St (Route 202)
Feet of Frontage: 539
Airports: Southern Maine Regional Airport
Site Description: Wooded lot on the banks of the Great Works River close enough to the center of town yet accessible from two main roads on the westerly side of Sanford.
Area Description: Strictly residential area with single and multi family homes.
Lot Frontage: 140'
Zoning Description: Residential Development Zone (RD) The purpose of the Residential Development (RD) Zone is to provide areas in the City for the extension of a compact pattern of residential development in areas where public sewer and water service can be extended.
Topography: Rolling
Soil Type: Gravel
Available Utilities: Electric, Water, Sewer, Storm Drain, Cable, Internet Access
Water Service: Municipal
Sewer Type: Municipal, Septic, Other

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,889 15,249 22,262
Median Age: 35.27 40.15 40.64
Households: 1,195 6,259 9,089
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