Listing Agency: RE/MAX Riverside p***@remax.net Show Phone

Listed By: Peter Bettinger · License #BA922938 Show Phone

Source: Compass

Added: Mar 7, 2025 Changed: Aug 8 Last Checked: Mar 25 at 1:35PM

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Investment Insights

Based on property information with market context.

This offering consists of approximately 46 acres and is described as having a built-in income stream benefit through an existing solar array land lease. A 12-acre portion, located east of the CMP power line corridor, is included with the solar array lease and comes with annual solar array lease payments. The property is positioned for future development, including the option starting in January 2027 to create an additional lot, or more in certain family scenarios, subject to West Bath Codes Office approval.

Solar array access is described as being from the east at King’s Highway and via a neighbor’s land. The seller also notes that the grade of Tonal Lane does not currently meet West Bath large-scale subdivision requirements.

Prospective buyers should review the applicable West Bath Codes Office approvals for any additional lot creation and the property access arrangement related to the solar array lease.

Key Highlights

• 46± acre property with an included 12‑acre solar array land lease
• Solar array lease provides annual payments to help offset future ownership costs
• Starting January 2027, option to create an additional lot (or more in certain family scenarios) subject to West Bath Codes Office approval

Property Analytics

Current Use

Alt. Energy / Solar ...

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Auto Parts Store (Bike/Boat/Book/etc) Store Storage Facility Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

16

Businesses Nearby

Explore this area Business Placement

Demographics for 04530, ME

11,153

Population

6,162

Households

1.8

Avg Household Size

45

Median Age

43%

College-Educated

94%

High-School Grad

28.8 sq mi

ZIP Area

387

Density / Sq Mi

$78,482

Median Household Income

$42,793

Median Earnings

$980

Median Rent

$306,900

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this alt. energy / solar land located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Alt. Energy / Solar Land - A 46-acre parcel includes a 12-acre solar array land lease with annual payments and potential for additional lot creation subject to approval.

Where is this alt. energy / solar land located?

The property is located at Lot #13 Tonal Lane West Bath, ME.

What is the asking price?

The asking price for this property is $293,000.

What are key features of this property?

This property features: 46± acre property with an included 12‑acre solar array land lease; Solar array lease provides annual payments to help offset future ownership costs; Starting January 2027, option to create an additional lot (or more in certain family scenarios) subject to West Bath Codes Office approval