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    56 Durham Rd Freeport, ME 04032

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    For Sale
    $265,000

    Two commercial lots for immediate development with utilities in place.

    Lot size:
    2.10 Acres

    Property Features for 56 Durham Rd

    General Information

    Lot size
    2.10 Acres

    Source: The Boulos Company Agent Drew Sigfridson, SIOR

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

    Overview

    Commercial Land Ready for Development

    Two separate lots are available for immediate development. The properties are zoned for commercial use, making them suitable for various development options, including mixed-use, office, and hospitality projects. Utilities are already in place. The location offers convenient access to I-295 Exits 17 and 20, providing easy connectivity to Portland, Brunswick, and surrounding cities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Burr Cemetery Cemetery Collette Monuments Monument Maker Lighthouse Crematory & Remembrance Cremation Service D.C. Stilkey & Son, ... Cemetery

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Freeport
    County
    Cumberland
    State
    Maine
    Longitude
    -70.1030071
    Latitude
    43.872148

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    FAQs

    What type of property is this?
    Land - Two commercial lots for immediate development with utilities in place.
    Where is this land located?
    The property is located at 56 Durham Rd Freeport, ME.
    What is the asking price?
    The asking price for this property is $265,000.
    What are key features of this property?
    This property features: - Two separate lots READY FOR IMMEDIATE DEVELOPMENT.; - Zoned for commercial use, IDEAL FOR MIXED USE, OFFICE, AND HOSPITALITY.; - Convenient location minutes from I-295 Exits 17 & 20.
    (207) 772-1333
    Request Owner's contact information
    56 Durham Rd Freeport, ME 04032
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    Freeport, ME 04032
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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
    56 Durham Rd Freeport, ME 04032
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