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    Stillwater Ave Veazie, ME 04401

    Sponsored
    For Lease
    Contact for pricing

    Prime Retail Land, Bangor, Maine

    Lot size:
    1 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.48-acre pad site presents a remarkable opportunity for retail development at the entrance to the Bangor Mall in Veazie, Maine. Located on Stillwater Avenue, this property benefits from high visibility and accessibility, situated within a landmark shopping destination serving the Bangor metro area and eastern Canadian provinces. The site is zoned Neighborhood Service (NS) within Penobscot County, offering flexibility for various retail uses. Existing tenants include Chick-fil-A and Take Five Oil Change, ensuring a strong and established commercial presence. This single-tenant property is available for a ground lease or build-to-suit arrangement, providing adaptability to meet specific development needs. The property's location at the mall entrance guarantees significant foot traffic and exposure to a substantial consumer base. With its strategic location and potential for high returns, this pad site represents an ideal investment for businesses seeking a prominent presence in a thriving retail market. The lot size is precisely 0.48 acres, providing ample space for development. The property's address is Stillwater Avenue, Bangor, ME 04401. This is a rare opportunity to establish a business in a high-traffic, well-established retail environment. Interested parties should act quickly to secure this prime location.

    Property Features for 0 Stillwater Ave

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1 SF

    Unit(s) available at that property

    Space
    Retail Pad Site
    Size
    0 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Veazie
    County
    Penobscot
    State
    Maine
    Longitude
    -68.7300188
    Latitude
    44.8559648

    Nearby Comparable

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      Bangor Mall Industrial Space For Sale/Lease

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      Commercial Land Near I-95

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      Retail Space Near Bangor Mall

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      Freestanding Class A Office Building

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    FAQs

    What type of property is this?
    Land - Prime Retail Land, Bangor, Maine
    Where is this land located?
    The property is located at Stillwater Ave Veazie, ME.
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    Stillwater Ave Veazie, ME 04401
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    Veazie, ME 04401
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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
    Stillwater Ave Veazie, ME 04401
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