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    540 Turner St Auburn, ME 04210

    Sponsored
    For Sale
    $795,000

    Prime Development Site in Auburn, ME

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 7.49-acre commercial land parcel presents a remarkable opportunity for developers seeking a strategic location in Auburn, Maine. Situated at 540 Turner Street, this property boasts over 145 feet of road frontage, ensuring excellent visibility and accessibility. The convenient location offers easy access to major transportation routes, enhancing its appeal for a variety of commercial ventures. The property is zoned General Business and Suburban Residential (GB & SR), providing flexibility for diverse development plans. Municipal water and sewer services are readily available, simplifying infrastructure needs and reducing development costs. The expansive lot size, combined with its strategic zoning and convenient location, makes this an ideal site for a wide range of commercial projects. The property's APN is Map 270, Lots 17 & 17-1, and is currently owned by DGO, LLC. This prime development site is offered at an asking price of $795,000. Don't miss this chance to acquire a highly desirable commercial land parcel in a thriving Maine community. Serious inquiries only.

    Property Features for 540 Turner St

    General Information

    Property type
    Land
    Lot Size
    326,264 SF

    HighLights

    • $795,000 asking price.
    • 7.49‑acre commercial land parcel.
    • Located at 540 Turner St, Auburn, ME 04210 (APN: Map 270, Lots 17 & 17‑1).
    • Zoned General Business & Suburban Residential.
    • Over 145 feet of road frontage on Turner Street.
    • Municipal water and sewer available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Auburn
    County
    Androscoggin
    State
    Maine
    Longitude
    -70.233725
    Latitude
    44.11517

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    FAQs

    What type of property is this?
    Land - Prime Development Site in Auburn, ME
    Where is this land located?
    The property is located at 540 Turner St Auburn, ME.
    What is the asking price?
    The asking price for this property is $795,000.
    What are key features of this property?
    This property features: $795,000 asking price.; 7.49-acre commercial land parcel.; Located at 540 Turner St, Auburn, ME 04210 (APN: Map 270, Lots 17 & 17-1).
    Request Owner's contact information
    540 Turner St Auburn, ME 04210
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    Auburn, ME 04210
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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
    540 Turner St Auburn, ME 04210
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