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.
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Additional Details
| Nearest MSA: |
Portland-South Portland |
| County: |
York |
| Taxing Authority: |
City of Sanford |
| Tax ID/APN: |
Map 031 Lot 0014 |
| Zoning: |
RD - RESIDENTIAL DEVELOPMENT |
| 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 |
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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The information presented herein is provided as is, without warranty of any kind.
Neither New England Commercial Property Exchange nor
Moody's assume any liability for errors or omissions.
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