Listing Agency: Engel & Völkers Casco Bay

Listed By: Dustin Slocum · License #ME BA920307

Source: Crexi

Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 3:48AM

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Investment Insights

Based on property information with market context.

This 22.54-acre mining land parcel is currently used as a small gravel pit by a local company. Recent test pits have evaluated the site for viable excavation materials and aggregate, providing documented activity related to potential mineral resources. Direct access from a main road supports movement by heavier trucks.

The property is located at 1104 Hallowell Rd in Durham, Maine, approximately 30 minutes from Portland and 15 minutes from Auburn. Additional information regarding the test-pit findings is available through the listing agent.

Key Highlights

• 22.54‑acre parcel with current small‑scale gravel pit use
• Recent test pits evaluated viable excavation materials and aggregate
• Direct access from a main road

Property Analytics

Current Use

Mining land & claims

Suggested Use

Top Pick Daycare Center Food Market

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

9

Businesses Nearby

Explore this area Business Placement

Demographics for 04222, ME

4,173

Population

1,712

Households

2.4

Avg Household Size

42

Median Age

37%

College-Educated

93%

High-School Grad

38.3 sq mi

ZIP Area

109

Density / Sq Mi

$96,492

Median Household Income

$48,346

Median Earnings

$287,800

Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019

4.6% 2020

3.2% 2021

3.3% 2022

5.3% 2023

6.6% 2024

7.6% 2025

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What type of property is this? Where is this mining land & claims 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?

Mining land & claim - Existing gravel extraction activity with direct access from a main road accommodates heavier truck traffic.

Where is this mining land & claim located?

The property is located at 1104 Hallowell Rd Durham, ME.

What are key features of this property?

This property features: 22.54‑acre parcel with current small‑scale gravel pit use; Recent test pits evaluated viable excavation materials and aggregate; Direct access from a main road