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    103 Us Route 1 Byp Kittery, ME 03904

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    For Lease
    Contact for pricing

    Ground lease opportunity near I-95 and Kittery Outlets.

    Property size:
    6,650 SF
    Lot size:
    11.85 Acres

    Property Features for 103 Us Route 1 Byp

    General Information

    Size
    6,650 SF
    Lot size
    11.85 Acres

    Source: Blackline Retail Group Agent Rachael Willard

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

    Overview

    Redevelopment Ground Lease Opportunity

    An exciting ground lease opportunity is available at the redevelopment site of the former Ramada Inn, which includes 108 units with 50% designated as workforce housing. The site is scheduled for delivery in Spring/Summer 2026. The location provides accessibility near I-95, the Kittery Traffic Circle, Kittery Outlets, and downtown Portsmouth, NH. The area will also see approximately 200 hotel keys become available within the next two years. This high-traffic area is located minutes from the Portsmouth Naval Shipyard, one of only four remaining naval shipyards in the country and one of just two on the East Coast, serving over 9,000 employees and benefiting from a strong regional draw. The property offers approximately 6,650 square feet of space.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Kittery
    County
    York
    State
    Maine
    Longitude
    -70.7478278
    Latitude
    43.0994796

    Nearby Similar for Lease

    • Contact for pricing
      49,872 SF

      Kittery Outlet Center Retail Space

      Prime Kittery Outlet retail space available.
      340 Us-1, Kittery, ME 03904
      View Details
    • Contact for pricing
      3,768 SF

      Kittery Outlet Restaurant Opportunity

      Turnkey restaurant space in Kittery Outlet Center.
      340 Us Route 1, Kittery, ME 03904
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    • $20 SF/Yr
      3,250 SF

      Retail Space in Kittery, Maine

      Retail space available in a dominant retail corridor.
      360 Us-1, Kittery, ME
      View Details
    • Contact for pricing
      18,025 SF

      Retail Building on Route 1

      Freestanding 18,025 SF commercial building with prominent signage.
      318 Us Route 1, Kittery, ME 03904
      View Details

    FAQs

    What type of property is this?
    Retail space - Ground lease opportunity near I-95 and Kittery Outlets.
    Where is this retail space located?
    The property is located at 103 Us Route 1 Byp Kittery, ME.
    What are key features of this property?
    This property features: - Prime location near I-95, Kittery Traffic Circle, Kittery Outlets, and downtown Portsmouth, NH.; - Part of a 108-unit redevelopment project with 50% workforce housing.; - Scheduled delivery in Spring/Summer 2026.
    (617) 553-1820
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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
    103 Us Route 1 Byp Kittery, ME 03904
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