Listing Agency: The Dunham Group

Listed By: Greg Hastings · License #ME 209023

Source: Crexi

Added: Apr 16, 2024 Changed: Aug 8 Last Checked: Jul 24 at 4:01PM

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Investment Insights

Based on property information with market context.

This offering features approximately 3.24 acres of industrial land available for sale. The property is located at 31 Spiller Drive in Westbrook.

Key Highlights

• 3.24± acres of industrial land
• Located at 31 Spiller Drive, Westbrook

Property Analytics

Property Profile

Current Use

Industrial land

Suggested Use

Top Pick Auto Parts Store Hair Salon Pharmacy Electrical Service Building Supply Nail Salon

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

51

Businesses Nearby

Explore this area Business Placement

Demographics for 04092, ME

20,400

Population

9,404

Households

2.2

Avg Household Size

40

Median Age

40%

College-Educated

96%

High-School Grad

17.2 sq mi

ZIP Area

1,186

Density / Sq Mi

$85,868

Median Household Income

$49,922

Median Earnings

$1,373

Median Rent

$341,800

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Industrial land - 3.24 acre industrial land parcel available for purchase.

Where is this industrial land located?

The property is located at 31 Spiller Drive 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± acres of industrial land; Located at 31 Spiller Drive, Westbrook