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    R15-83 Main St Sanford, ME 04073

    For Sale
    $350,000

    Business - Sanford, ME

    Type:Business
    Lot size:
    108,900.00 Acres
    Days on Market:
    234
    Last Refresh:
    Dec 7 at 1:06 am

    Property Features for R15-83 Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    Lot size
    108,900.00 Acres

    Building Details

    Architectural style
    Other

    Better Homes and Gardens-The Masiello Group (800) 741-1540 [email protected]

    Listing agent John Caramihalis (207) 490-2900

    Listing date Apr 18, 2025

    MLS# 1619325 Listing URL

    Copyright © 2025 Better Homes and Gardens-The Masiello Group. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Sanford Land Parcel on Route

    This is a proposed 2.5-acre parcel situated on a busy section of Route 109 (Main Street) in Sanford, Maine. The property features 300 feet of frontage. The location experiences traffic counts of 14,000 cars per day. Potential uses for the lot include a day care center, multi-family building, and limited retail. The land is open. The density for multi-family development could be up to 10 units per acre. Additional land is available.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Auto Repair Shop Hotel & Motel Storage Facility Electrical Service Furniture Store Computer & Electronic Repair Tech Support Center Nursing Home Assisted Living Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Sanford
    County
    York
    State
    Maine
    Longitude
    -70.538863
    Latitude
    43.386726

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    FAQs

    What type of property is this?
    Commercial land - 2.5 acre commercial land parcel with frontage on Route 109.
    Where is this commercial land located?
    The property is located at R15-83 Main St Sanford, ME.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: - High-traffic location: Enjoy 300' frontage on Route 109 with 14,000 cars passing daily.; - Development potential: This parcel is suitable for day care, multi-family, and limited retail.; - Multi-family density: Build up to 10 units per acre.
    (207) 490-2900
    Request Owner's contact information
    R15-83 Main St Sanford, ME 04073
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    Sanford, ME 04073
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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
    R15-83 Main St Sanford, ME 04073
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