Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Vis Dr, Unit 18 Gorham, ME 04038

    For Sale
    $999,000

    LAND - Gorham, ME

    Lot size:
    5.31 Acres
    Days on Market:
    297
    Last Refresh:
    Dec 6 at 10:06 am

    Property Features for Vis Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    CO
    Parking features
    Driveway
    Lot size
    5.31 Acres

    EXP REALTY LLC (856) 207-1951 [email protected]

    Listing agent Amy Landry (888) 439-8743

    Listing date Feb 13, 2025

    MLS# 1612033 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

    Gorham Land with Development Potential

    Located in a highly visible area of Gorham, this 5.31-acre property offers both residential and commercial development opportunities. It is approved for 11 residential units, with the potential for 24 units through contract zoning. The site benefits from easy access to downtown Gorham, Westbrook, and Gorham. Adjacent to Maine Optometry and Martin's Point Health, the location experiences a daily traffic count of over 7,000 vehicles, presenting various options and opportunities for potential buyers.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Gorham
    County
    Cumberland
    State
    Maine
    Longitude
    -70.403099
    Latitude
    43.6917

    Nearby Similar for Sale

    • $650,000
      2,233 SF

      Commercial Building in Gorham Village

      Well-maintained commercial building with flexible space in Gorham, Maine.
      10 Elm St, Gorham, ME 04038
      View Details
    • Contact for pricing
      1,250 SF

      Luxury Auto Condos For Sale

      Premier vehicle storage condos with customizable interiors and exclusive amenities.
      65 Olde Canal Way, Gorham, ME
      View Details
    • $750,000
      2,234 SF

      Versatile Office Building in Gorham

      2,234± SF office building on 1.91± AC near Portland.
      61 County Rd, Gorham, ME 04038
      View Details
    • $225,000
      960 SF

      Gorham Village Office Investment

      Office space in Gorham Village with established tenant.
      28 State St, Gorham, ME 04038
      View Details
    • $550,000
      4,321 SF

      Retail Property in Gorham, ME

      Retail property with 4321 square feet of space.
      25 Elm St, Gorham, ME 04038
      View Details
    • $999,000
      5.31 Acres

      Gorham Commercial Land - High Visibility

      5.31 Acres, Prime Gorham Location, Development Potential
      18 Vis Dr Dr, Gorham, ME 04038
      View Details

    FAQs

    What type of property is this?
    Commercial land - 5.31 acre Gorham property with residential and commercial possibilities.
    Where is this commercial land located?
    The property is located at Vis Dr, Unit 18 Gorham, ME.
    What is the asking price?
    The asking price for this property is $999,000.
    What are key features of this property?
    This property features: - 5.31 acre property with residential and commercial possibilities.; - Approved for 11 residential units, potential for 24 units with Contract Zoning.; - High visibility location in Gorham.
    (888) 439-8743
    Request Owner's contact information
    Vis Dr, Unit 18 Gorham, ME 04038
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Vis Dr, Unit 18
    Gorham, ME 04038
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Vis Dr, Unit 18 Gorham, ME 04038
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.