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    355 Grammar Rd Sanford, ME 04073

    For Sale
    $425,000

    48 acre site ideal for residential development.

    Property size:
    48 SF
    Lot size:
    48.00 Acres

    Property Features for 355 Grammar Rd

    General Information

    Size
    48 SF
    Lot size
    48.00 Acres

    Source: Marc Brunelle Agent Marc Brunelle

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    48 Acre Residential Development Site

    This 48-acre site is suitable for residential development, with the possibility of certain commercial uses being permitted within the zoning. The polygon-shaped lot features over 680 feet of frontage on Grammar Road and a depth of nearly 1,300 feet. The site fronts on Grammar Road, a primary route to and from downtown Sanford, Maine, from State Route 4. The location is convenient, and the site offers ample frontage for access. The zoning allows flexibility for certain commercial uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Building Supply Wholesale Shop Auto Repair Shop Nail Salon Auto Parts Store Gym & Fitness Department Store Garden Center Cafe & Coffee Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Sanford
    County
    York
    State
    Maine
    Longitude
    -70.7391567
    Latitude
    43.4422834

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    FAQs

    What type of property is this?
    Land - 48 acre site ideal for residential development.
    Where is this land located?
    The property is located at 355 Grammar Rd Sanford, ME.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: - 48-acre site ideal for residential development.; - Over 680 feet of frontage on Grammar Road.; - Convenient location on a primary artery to downtown Sanford.
    (207) 229-5156
    Request Owner's contact information
    355 Grammar Rd 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
    355 Grammar Rd Sanford, ME 04073
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