Opportunity Zone Property

Vacant Land for Sale
Also listed as Special Purpose
Catylist Listing ID: 30173221
Property Subtypes: Agricultural, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage, Other
Gross Land Area: 1 - 4.80 Acres
Sale Price: $299,000
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/12/2019

Overview / Comments

Fantastic Development Potential in a designated Opportunity Zone consisting of a 40,000 +/- sqft cleared level lot with Public water and sewer at the Street to be split from a larger parcel (3.22 acres). The property is currently in a contract zone for auto related uses with the underlying zone of R2 residential with a minimum of 5000 sqft per unit for a Multi Unit Development (8 units at 40,000sqft). The total property of 4.8 acres (3 lots) can be purchased, speak with the broker.

Additional Details

Nearest MSA: Portland-South Portland
County: York
Submarket/Township: Biddeford/Saco
Taxing Authority: Saco Maine
Tax ID/APN: H0465R
Zoning: CONTRACT & R2
Property Visibility: Excellent
Traffic/Vehicle Count: 15,550
Site Description: Cleared Level lot with Public Water and Sewer At Street
Lot Frontage: 195'
Zoning Description: Land is currently under an auto related contract zone. The underlying zone is R2, speak w/ broker
Topography: Level
Available Utilities: Electric, Water, Sewer, Cable, Broadband
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,285 31,854 53,870
Median Age: 36.46 41.28 41.73
Households: 2,948 14,219 22,824
The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.