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    275 Us Route 1 Kittery, ME 03904

    Sponsored
    For Sale
    $2,500,000

    High-visibility Route 1 location, excellent zoning.

    Property size:
    1 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.167-acre commercial property at 275 US Route One in Kittery, Maine (zip code 03904), is offered for sale at $2,500,000. The property boasts a highly desirable location within Kittery's bustling Route One retail corridor, providing unparalleled visibility and accessibility. Zoned Commercial 1 (C-1), this versatile site allows for a wide range of commercial uses, including retail, office, and mixed-use developments. Its proximity to the newly opened Hampton Inn & Suites and a five-minute walk to the Kittery Trading Post further enhances its appeal and potential for significant return on investment. The land value is assessed at $100,000 per acre. The property's size and zoning offer considerable flexibility for development, making it an attractive opportunity for investors and businesses seeking a prime location in a thriving market. Common signage opportunities are available, further enhancing visibility and marketing potential. This is a rare opportunity to acquire a highly visible and strategically located commercial property in a prime Maine location. The property's address is 275 US Route One, Kittery, ME 03904, located in York County.

    Property Features for 275 Us Route 1

    General Information

    Property type
    Land
    Square Feet
    1 SF
    Lot Size
    94,395 SF

    HighLights

    • High‑profile I‑95 visibility and excellent location.
    • C‑1 commercial zoning allows for diverse uses.
    • Proximity to Kittery Trading Post (5‑minute walk).
    • Shared signage opportunities available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Kittery
    County
    York
    State
    Maine
    Longitude
    -70.7383128
    Latitude
    43.1099513

    Nearby Comparable

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - High-visibility Route 1 location, excellent zoning.
    Where is this land located?
    The property is located at 275 Us Route 1 Kittery, ME.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: High-profile I-95 visibility and excellent location.; C-1 commercial zoning allows for diverse uses.; Proximity to Kittery Trading Post (5-minute walk).
    Request Owner's contact information
    275 Us Route 1 Kittery, ME 03904
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    Kittery, ME 03904
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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
    275 Us Route 1 Kittery, ME 03904
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