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    31 Spiller Dr Westbrook, ME 04092

    Sponsored
    For Sale
    $425,000

    3.24 Acres, Industrial Zoning, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 3.24-acre parcel of vacant industrial land presents a unique investment opportunity in Westbrook, Maine. Located at 31 Spiller Drive, the property is zoned for industrial use, offering significant potential for development. The expansive lot size provides ample space for a variety of industrial projects, from warehousing and distribution centers to light manufacturing facilities. Its strategic location in Cumberland County offers easy access to major transportation routes, ensuring efficient logistics and connectivity. The asking price is $425,000. This property is situated in Westbrook, ME, zip code 04092, and boasts a prime location with excellent visibility and accessibility. The land is ready for immediate development, making it an attractive option for businesses seeking to establish or expand their operations in a thriving industrial area. Detailed site plans and zoning information are available upon request. This is a rare opportunity to acquire a substantial piece of industrial land in a desirable location with significant growth potential. Don't miss out on this chance to secure a valuable asset in a competitive market. The property's coordinates are 43.658532 latitude and -70.38255 longitude.

    Property Features for 31 Spiller Dr

    General Information

    Property type
    Land
    Lot Size
    141,134 SF

    HighLights

    • 3.24‑acre vacant industrial land in Westbrook, ME.
    • Zoned for industrial use, ideal for warehousing, distribution, or light manufacturing.
    • $425,000 asking price.
    • Excellent location in Cumberland County with easy access to major transportation routes.
    • Ready for immediate development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Pharmacy Gym & Fitness Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Westbrook
    County
    Cumberland
    State
    Maine
    Longitude
    -70.38255
    Latitude
    43.658532

    Nearby Comparable

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    Nearby Similar for Sale

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      Westbrook Logistics Center For Sale

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      Prime Westbrook Industrial Hub

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    FAQs

    What type of property is this?
    Land - 3.24 Acres, Industrial Zoning, Prime Location
    Where is this land located?
    The property is located at 31 Spiller Dr Westbrook, ME.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: 3.24-acre vacant industrial land in Westbrook, ME.; Zoned for industrial use, ideal for warehousing, distribution, or light manufacturing.; $425,000 asking price.
    Request Owner's contact information
    31 Spiller Dr Westbrook, ME 04092
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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
    31 Spiller Dr Westbrook, ME 04092
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