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Listed by LandVest, Inc.
$ 2,700,000
Active
00 Portland Road Rt 1 Arundel, ME 04043
217 Acres Lot
UPDATED:
Key Details
Property Type Land
Listing Status Active
MLS Listing ID 1612045
HOA Y/N No
Annual Tax Amount $3,636
Tax Year 24
Lot Size 217.000 Acres
Acres 217.0
Source Maine Listings
Property Description
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.
Location
State ME
County York
Zoning GW/BI/GI
Exterior
Parking Features No Driveway
View Y/N No
Street Surface Paved
Building
Lot Description Wooded, Near Turnpike/Interstate
Sewer Private Sewer
Water Public
Others
Restrictions Unknown
