ACT
Price$6,500,000
Est. Mortgage: $/month
ActiveMLS Number 1589555
This exceptional opportunity presents a fully-approved site for a 250-unit multi-family rental housing development that is ''Shovel Ready.'' The package includes a significant property tax reduction and architectural plans, along with two street front Retail / Commercial sites valued at a total of $750,000.
Situated approximately 4,000 feet west of I-95 on Civic Center Drive, at the intersection of Leighton Rd. The current approved plans feature 125 X 1 Bed Jr, 118 X 1 Bed, and 8 X1 Bed plus units, along with 36 covered garage spaces.
While the residential configuration and site plan can be adjusted, the plan has been meticulously crafted by a renowned architectural firm to mirror the projects in Biddeford and Lebanon, NH.
The approvals from both the City and State for Tax Increment Financing and a Credit Enhancement Agreement (TIF/CEA) will reduce property taxes by approximately 65% for 25 years, yielding over $315,000 annually to the Net Operating Income (NOI).
The State Department of Environmental Protection (DEP) has pre-approved the project under the Site Location Development Act (SLODA), enabling immediate construction commencement without facing a delay of up to one year.
Listed by Keller Williams Realty Metropolitan
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ACT
Price$5,000,000
Est. Mortgage: $/month
ActiveMLS Number 1580837
Listed by F.O. Bailey Real Estate
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PEN
Price$3,000,000
Est. Mortgage: $/month
PendingMLS Number 1601600
Discover a developer's dream in the heart of Falmouth! This exceptional parcel, located just minutes from town amenities and a short 15-minute drive to downtown Portland, offers a unique blend of open pasture and wooded areas. Approximately 3/4th of the property is field and is quite level. The rear section of the land borders Falmouth Community Park, complete with access to its scenic trail system.
This prime location is well-served with public utilities, including water, sewer, and natural gas available at the street. The parcel's natural beauty is highlighted by a picturesque stream and a waterfall tucked away at the edge of the property.
Rich in history, this land was once part of the historic Huston Family Farm, with roots tracing back to the early 1800s. The current family has lovingly maintained ownership since the 1930s. The time has come to use the property at its ''Highest and Best'' purpose - homes for this generation.
Listed by Keller Williams Realty
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ACT
Price$1,900,000
Est. Mortgage: $/month
ActiveMLS Number 1555675
36 Acres consisting of two separate parcels just a short drive or bike ride to our beautiful beaches and UNE. This one of a kind opportunity affords you the option to build
an estate , family compound, subdivide, or anything in between.
Listed by First Maine Real Estate
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ACT
Price$1,800,000
Est. Mortgage: $/month
ActiveMLS Number 1597471
Welcome to an incredible opportunity to own over 63 acres of pristine land just 10 minutes from Portland. This expansive property offers a fantastic location and endless possibilities. Imagine building your dream home surrounded by acres of privacy or creating a stunning Equestrian property with ample space for stables and riding areas. The land already features cross-country ski trails and your very own ski hill (property comes with rope toe and 20 t-bars), perfect for winter sports enthusiasts. During the non snow covered months, those same trails are perfect for horseback riding, hiking or nature walks. With development opportunities also available, this property can cater to various visions. Please reach out for additional information on this unique offering. Owner Financing may be available. Don't miss out on making this exceptional piece of land your own!
Listed by Signature Homes Real Estate Group,LLC
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ACT
Price$1,650,000
Est. Mortgage: $/month
ActiveMLS Number 1603280
Large tract of land is ideally suited for age-restricted multi-family housing as Saco lowers density to 1,000 square feet per dwelling unit versus existing 7,500 SF. Estimate a potential of 150 +/- dwellling units at 1,000 SF density.
Density is 3,000 SF when afforable housing (any age) is 51+% of the project.
Hospitality and storage are two other permitted uses.
It's an ideal location given I195 is a quarter mile south and Hannaford Supermarket is a half mile south. It's located in the Qualified Opportunity Zone.
List price is a plug as it's listed at $11,000 per door.
Listed by EXP Realty
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ACT
Price$1,600,000
Est. Mortgage: $/month
ActiveMLS Number 1519415
30.61± acres of General Business zoned land ideally suited for mixed-use development including retail, residential, multifamily and assisted living.
In close proximity to The Auburn Mall, Auburn Shopping Center, and Auburn Plaza. Area businesses include multiple vehicle dealerships, a variety of regional and national chain restaurants, Super Walmart, Lowes, Home Depot, TJ Maxx, Planet Fitness, Shaw's, the Norway Savings Bank Arena, and many more.
Listed by Colliers International
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PEN
Price$1,300,000
Est. Mortgage: $/month
PendingMLS Number 1374296
Offering 19.5 Acres in the heart of Old Orchard Beach. This property is centrally located and has great visibility. This location has easy access to I-95 and Route 1 and is located just 1 mile from the ocean. This property had previously been approved for 39 residential lots and is one of the largest properties in Old Orchard Beach.
Listed by Keller Williams Realty
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ACT
Price$1,300,000
Est. Mortgage: $/month
ActiveMLS Number 1591453
Discover your own private paradise on over 200 acres of land, perfect for hunting and fishing. Enjoy 100 feet of serene pond frontage and total privacy. The property features granite and bluestone throughout, with miles of established roads and snowmobile trails for easy access. A 1000 square foot waterfront camp offers the perfect retreat, with potential for development. Conveniently located near Route 17, this is an opportunity not to be missed.
Listed by McAllister Real Estate
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ACT
Price$1,200,000
Est. Mortgage: $/month
ActiveMLS Number 1555770
15.73 acre parcel on the East side of route 9 just a short bike ride or drive to beautiful area beaches and UNE... 9 soils tests have been completed with potential for more. Partial Wetland delineation and survey on file with a deeded ROW from Old Pool Road to access if you choose . Many options available on this one of a kind opportunity to subdivide, create a family compound or anything in between.
Listed by First Maine Real Estate
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PEN
Price$1,100,000
Est. Mortgage: $/month
PendingMLS Number 1550148
Over 4 acres of land in the Rt 112/North St Corridor from downtown to new exit 35 now being constucted. Multiple development possibilities. Close to all city amenities, within walking distance to shopping and on city Bus line. Land comprimises of 3 lots being sold as one. Taxes reflect all 3 lots.
Listed by Coldwell Banker Realty
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ACT
Price$1,000,000
Est. Mortgage: $/month
ActiveMLS Number 1604233
Exceptional development opportunity in Rockland, Maine. Desirable location less than 1 mile to downtown, oceanfront and ferry terminal, servicing the islands, and just a short drive to Knox County Regional Airport. Owner welcomes serious investors or partnership offers toward completion, or outright purchase. Beginning with a sizeable 9.84 acre parcel that benefits from access to public utilities, the project includes several years of extensive site plan work, due diligence and planning by local and accomplished real estate investors. Neighborhood already hosts multi-family housing developments. A variety of configurations to consider, designed by the most reputable engineers and architects in beautiful midcoast Maine. This opportunity is zoned for multi-family residences, up to 196 units. Multiple site plans available with a variety of configurations. Owner has significant local ties to the area, with connections to governance, builders, financing, and subcontractors to facilitate next phase of development. Expectations for 2 bedroom units in new builds will exceed $2,000 per month, upon completion. The 120 unit configuration has estimated ACV of $36M, with under $20M estimated build cost, while enjoying significant monthly cash flow. Rockland serves as the cultural and geographic 'hub' of mid-coast Maine, situated nearly equidistant between Portland and Bangor International Airports, and boasting multi-transportational options between the Knox County Regional Airport, Rockland Ferry Terminal, US Rt 1 and Midcoast Rail Service. Rockland is home to a thriving arts community featuring galleries, festivals, museums and theater, and over 30 eateries to choose from. The historic downtown, lighthouses, and variety of things to do and places to stay, including the Samoset Resort and golf course, make Rockland special. Rockland thrives on tourism and a robust workforce, ensuring an indefinite need for housing and a community committed to ongoing development.
Listed by Pooley Realty Group
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