Approved Subdivision Development
For Sale
$1,100,000
533-555 Summit Street, Portland, ME 04103
Fully approved 7-lot subdivision with five vacant buildable lots and two existing homes for renovation.
Property Size123,604 SF
Days on Market636
Property Features for 533-555 Summit Street
General Information
Standard status
Active
Size
123,604 SF
Property subtype
Commercial
Zoning
R-2
Taxes and HOA fees
Annual Taxes
$10,811
Building Details
Building Size
123,604 SF
Listing Agency:
Coldwell Banker Realty
(207) 415-1468
Listed By:
Jane Auwarter
(207) 415-1468
Source:
Startpoint
Added: Nov 14, 2024
Changed: Aug 8
Last Checked: Jul 26 at 4:55AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty
Investment Insights
Based on property information with market context.
A fully approved 7-lot subdivision ready for development, including five vacant buildable lots and two existing homes available for renovation. ADU possibility is noted for all lots.
The property is in a North Deering area of Portland, Maine, and is described as being near recreational trails, shopping, and schools.
This is a development-ready land offering with existing structures on two lots and vacant buildable space on five additional lots, with flexibility for accessory dwelling units across the subdivision.
The property is in a North Deering area of Portland, Maine, and is described as being near recreational trails, shopping, and schools.
This is a development-ready land offering with existing structures on two lots and vacant buildable space on five additional lots, with flexibility for accessory dwelling units across the subdivision.
Key Highlights
- Fully approved 7‑lot subdivision ready for development
- Includes 5 vacant buildable lots
- Includes 2 existing homes available for renovation
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
123
Businesses Nearby
Explore this area
Business Placement
Demographics for 04103, ME
31,185
Population
14,336
Households
2.2
Avg Household Size
40
Median Age
58%
College-Educated
97%
High-School Grad
10.2 sq mi
ZIP Area
3,057
Density / Sq Mi
$90,682
Median Household Income
$48,640
Median Earnings
$1,571
Median Rent
$421,800
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential land & home lot - Fully approved 7-lot subdivision with five vacant buildable lots and two existing homes for renovation.
Where is this residential land & home lot located?
The property is located at 533-555 Summit Street Portland, ME.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Fully approved 7‑lot subdivision ready for development; Includes 5 vacant buildable lots; Includes 2 existing homes available for renovation
