Arundel, ME 04043 00 Portland Road Rt 1
$2,700,000



1 more


Presented By: LandVest, Inc.;
Home Details
As one of the largest undeveloped parcels of vacant land along the Route 1 corridor south of Portland, this 217-acre property offers multiple near and long-term investment opportunities. Approximately 70% of the land is located in Arundel, with the balance in Biddeford. The property has a combined 950± of frontage on Route 1, with 2 points of entry and is only 2.5 miles from the Maine Turnpike. Public water is available along Route 1. The land is located in the Business Industrial/Gateway/General Industrial zones with numerous permitted and conditional uses including manufacturing, medical facilities, lodging, planned mix use development, recreational facilities, and age-restricted residential development. In addition to the broad array of commercial activities, the property also has strong mitigation opportunities, with approximately 80 acres of wetlands (40% of the land) as identified in a recent Natural Resources Reconnaissance Report. The land abuts southern Maine's premier multiple use Eastern Trail, providing excellent recreational opportunities. Collectively, the attributes of this land, coupled with its prime location, offer excellent investment and collaboration options.
Presented By: LandVest, Inc.;
Interior Features for 00 Portland Road Rt 1
Bathrooms
Total Baths
Other Interior Features
Basement (Y/N)No
General for 00 Portland Road Rt 1
Additional Parcels Y/NNo
Carport Y/NNo
CityArundel
CountyYork
Development StatusRaw Land
ElectricNo Electric
Electric On Property Y/NNo
HOANo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet9452520.0
Lot Size UnitsAcres
MobileHomeRemainsYNNo
New Construction None
Property TypeLand
Rent Control Y/NNo
Senior Community Y/NNo
SewerPrivate Sewer
Standard StatusActive
StatusActive
Tax Annual Amount3636.0
Tax Lot003
Tax Year24
Waterfront Y/NNo
ZoningGW/BI/GI
Exterior for 00 Portland Road Rt 1
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesWooded, Near Turnpike/Interstate
Lot Size Acres217.0
Lot Size Area217.0
Lot Size SourceSurvey
Open Parking Y/NNo
Parking FeaturesNo Driveway
Road Surface TypePaved
Water SourcePublic
Additional Details
Price History

Shelley Kennagh
Senior Loan Officer