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    Commerce Dr Arundel, ME

    For Sale
    $800,000

    4.5+/- acre commercial parcel in Arundel, Maine, ready for development.

    Lot size:
    4.64 Acres

    Property Features for Commerce Dr

    General Information

    Lot size
    4.64 Acres

    Source: Keller Williams Coastal and Lakes & Mountains Realty Agent Richard DeSoto

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

    Overview

    Arundel Commercial Land for Sale

    This commercial parcel, located in Arundel, Maine, is zoned for DB 1 & 2, offering flexibility for various commercial and mixed-use developments. The subdivided property, totaling 4.5+/- acres, has been approved and is ready for development. It is positioned in a growing business district with easy access to major routes. The space is suitable for retail, office, warehouse, restaurant, service businesses, or a commercial plaza. The property features high visibility and accessibility. 3 Phase Electric and public water are in place for each lot.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Arundel
    County
    York
    State
    Maine
    Longitude
    -70.5141622
    Latitude
    43.4243008

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    FAQs

    What type of property is this?
    Commercial land - 4.5+/- acre commercial parcel in Arundel, Maine, ready for development.
    Where is this commercial land located?
    The property is located at Commerce Dr Arundel, ME.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: - Approved and ready for development, saving time and resources.; - Zoned DB 1 & 2, providing flexibility for various commercial and mixed-use developments.; - High visibility and accessibility in a growing business district near major routes.
    (207) 408-8969
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    Commerce Dr Arundel, ME
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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
    Commerce Dr Arundel, ME
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