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    418 Civic Center Dr Augusta, ME 04330

    Sponsored
    For Sale
    $550,000

    Prime Augusta land, ideal for development. Excellent location & access.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 18.82-acre commercial and industrial land parcel, located at 418 Civic Center Drive in Augusta, Maine (APN 5/122), presents a unique development opportunity. Zoned PD - Planned Development District, this property offers significant potential for a variety of uses. The asking price is $550,000. The site boasts convenient access to Civic Center Drive, shared with the neighboring Tractor Supply Company, ensuring high visibility and easy ingress/egress. Its strategic location provides effortless access to Maine Turnpike Exit 112B, enhancing connectivity and accessibility. The surrounding area is thriving, with a diverse range of established businesses including The Furniture Gallery, Planet Fitness, Wendy's, Comfort Inn, 99 Restaurant, Fairfield Inn, the Department of Motor Vehicles, and the Social Security Administration, among others. This prime location offers excellent visibility and proximity to a strong customer base. This substantial acreage is ready for immediate development, making it an attractive investment for discerning buyers seeking a high-impact commercial or industrial project in a bustling Maine market. The property is owned by Greely Associates, LLC.

    Property Features for 418 Civic Center Dr

    General Information

    Property type
    Land
    Lot Size
    819,799 SF

    HighLights

    • 18.82± acres of developable land.
    • Shared access to Civic Center Drive with Tractor Supply Co.
    • Convenient access to Maine Turnpike Exit 112B.
    • Strong surrounding retail and service businesses including national chains.
    • Sale Price: $550,000
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Dental Office Auto Repair Shop Wholesale Shop Nail Salon Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Augusta
    County
    Kennebec
    State
    Maine
    Longitude
    -69.7974344
    Latitude
    44.3582063

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    FAQs

    What type of property is this?
    Land - Prime Augusta land, ideal for development. Excellent location & access.
    Where is this land located?
    The property is located at 418 Civic Center Dr Augusta, ME.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: 18.82± acres of developable land.; Shared access to Civic Center Drive with Tractor Supply Co.; Convenient access to Maine Turnpike Exit 112B.
    Request Owner's contact information
    418 Civic Center Dr Augusta, ME 04330
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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
    418 Civic Center Dr Augusta, ME 04330
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