Sanford Commercial Land

Vacant Land for Sale
Catylist Listing ID: 30112948
Property Subtypes: Office, Residential (Single Family), Retail, Other
Gross Land Area: 49.50 Acres
Sale Price: $2,200,000
Unit Price: $44,444 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/12/2018

Overview / Comments

Excellent location to develop 49.5 +/- acres of commercial and residential land located just off the Sanford Route 4 traffic rotary. 38+/- acres of rural residential and 12+/- acres of urban. Traffic counts over 15,000 vehicles per day. Area businesses include Peoples Choice Credit Union, Dunkin Donuts, Applebee's, Shaw's, Pizza Hut, Wendy's, Ocean State Job Lot and Planet Fitness. Property includes 2,802+/- SF ranch-style residence.

Attachments & Media

Additional Details

Nearest MSA: Portland-South Portland
County: York
Tax ID/APN: 31230_R15-8E
Property Located Between: Traffic Rotary and Peoples Choice Credit Union on Country Club Road (Route 4)
Property Visibility: Excellent
Largest Nearby Street: Route 4
Feet of Frontage: 75
Traffic/Vehicle Count: 15,000
Highway Access: On Route 4, just off Traffic Circle. 11 miles to Maine Turnpike (I-95)
Airports: Sanford Seacoast Regional Airport
Site Description: Level, wooded
Area Description: Sanford is a city in York County, Maine, with a population of 20,798 as of the 2010 census, making it the seventh largest municipality in the state. Situated on the Mousam River, Sanford includes the village of Springvale.
Lot Frontage: 75' +/-
Zoning Description: The purpose of the Urban Zone (UZ) is to provide areas for urban commercial centers within the built-up areas of Sanford and Springvale which promote an urban rather than a suburban character of development. The development is characterized as vertical mixed use (VMU), which emphasizes mixed uses in structures typically having two or more stories with a streetscape that encourages reduced traffic speeds and increased walkability. The purpose of the Rural Residential (RR) Zone is to provide areas in the City of Sanford which promote high-quality rural residential environments in sections of the community which cannot be served by public water and sewerage systems, while maintaining the rural character of these areas.
Topography: Level
Easements: Ingress/Egress
Easements Description: 50' right of way. See deed.
Available Utilities: Electric, Water, Sewer, Cable, Internet Access
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 13,245 24,907
Median Age: 40.19 41.07
Households: 5,399 10,098


Photograph of Listing Agent

Mark Sandler

Compass Commercial Brokers
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