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    1 Colley Hill Rd Gray, ME 04039

    New
    For Sale
    $149,000

    LAND - Gray, ME

    Lot size:
    0.50 Acres
    Days on Market:
    7
    Last Refresh:
    Dec 7 at 8:06 pm

    Property Features for 1 Colley Hill Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Village Center
    Parking features
    Driveway
    Lot size
    0.50 Acres

    Utilities

    Water source
    Public

    Town & Shore Real Estate (207) 773-0262 [email protected]

    Listing agent William Graiver (207) 773-0262

    Listing date Dec 1, 2025

    MLS# 1642923 Listing URL

    Copyright © 2025 Maine Real Estate Information System, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Land in Desirable Gray Location

    This 0.5-acre lot in Gray, Maine, presents an excellent opportunity with convenient access to town amenities, schools, and major highways. Public water is available. The property has potential for development as a multifamily or investment property. The zoning is Village Center. It is located in Cumberland County.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gray
    County
    Cumberland
    State
    Maine
    Longitude
    -70.323125
    Latitude
    43.894724

    Nearby Similar for Sale

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    • $489,000
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    FAQs

    What type of property is this?
    Land - 0.5-acre lot with development potential near town amenities.
    Where is this land located?
    The property is located at 1 Colley Hill Rd Gray, ME.
    What is the asking price?
    The asking price for this property is $149,000.
    What are key features of this property?
    This property features: - Convenient access to town amenities, schools, and major highways.; - Strong potential for development as a multifamily or investment property.; - Public water available.
    (207) 773-0262
    Request Owner's contact information
    1 Colley Hill Rd Gray, ME 04039
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1 Colley Hill Rd Gray, ME 04039
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