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Multi-Access Development Land Site
For Sale
$1,195,000

255 Payne Rd, Scarborough, ME 04074

Development site with five access points along Payne Road and 200’ of frontage on Whipple Lane.

Property SizeContact for details
Lot Size45.45 Acres
Days on Market183

Property Features for 255 Payne Rd

General Information

Standard status Active
Lot size 45.45 Acres
Property subtype Mixed-Use - Planned Development

Site & Location

Highway Access Yes
Road Access Yes
Listed By: Chris Paszyc, CCIM, SIOR
Source: Boulos
Added: Apr 24 Changed: Oct 14 Last Checked: Oct 20 at 7:07PM

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 Chris Paszyc, CCIM, SIOR

Rey
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Investment Insights

Based on property information with market context.

A 45.45± acre development site offering five (5) access points along Payne Road. The property also includes approximately 200’ of frontage on Whipple Lane, providing multiple points of ingress/egress for planning and site layout.

The site is located along Payne Road near Haigis Parkway and Exit 42 of the Maine Turnpike, positioning it within a well-traveled regional corridor.

This offering is well suited for buyers seeking a larger land parcel with defined access and frontage for development planning.

Key Highlights

  • 45.45± acre development site
  • Five (5) access points along Payne Road
  • 200’ of frontage on Whipple Lane

Property Analytics

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Open Analytics

Suggested Use

Top Pick Furniture & Home Goods Grocery & Convenience Store Pharmacy Bakery Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store

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

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

78
Businesses Nearby

Demographics for 04074, ME

21,952
Population
10,561
Households
2.1
Avg Household Size
46
Median Age
58%
College-Educated
99%
High-School Grad
47.6 sq mi
ZIP Area
461
Density / Sq Mi
$125,642
Median Household Income
$55,955
Median Earnings
$1,821
Median Rent
$502,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Frequently Asked Questions

What type of property is this?
Commercial land - Development site with five access points along Payne Road and 200’ of frontage on Whipple Lane.
Where is this commercial land located?
The property is located at 255 Payne Rd Scarborough, ME.
What is the asking price?
The asking price for this property is $1,195,000.
What are key features of this property?
This property features: 45.45± acre development site; Five (5) access points along Payne Road; 200’ of frontage on Whipple Lane
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