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    Gorham Industrial Pkwy Gorham, ME 04038

    For Sale
    $562,500

    6.9-Acre Industrial Lot in Gorham, ME

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 6.9-acre industrial lot, identified as Lots 29-1 and 30-1, is situated in the thriving Gorham Industrial Park West, located at Gorham Industrial Pkwy, Lot 5, Gorham, ME 04038. Zoned for industrial use, this property offers significant potential for various development projects. The lot provides convenient access to major transportation arteries, including I-95, ensuring seamless logistics. Public utilities, including natural gas and 3-phase power, are readily available. The property benefits from its location within Cumberland County, Maine, a region experiencing rapid growth. This parcel is part of a larger offering of town-owned lots ranging from approximately 3.4 to 94 acres, accommodating building sizes from roughly 15,000 to 250,000 square feet. The southern section of the development is undergoing subdivision and Department of Environmental Protection (DEP) approvals, including stormwater management plans. This prime location offers an unparalleled opportunity to establish a thriving industrial presence in one of Southern Maine's fastest-growing communities. The asking price for this specific 6.9-acre lot is $562,500. This represents a unique chance to acquire a well-located, ready-to-develop industrial site.

    Property Features for 0 Gorham Industrial Pkwy

    General Information

    Property type
    Land
    Lot Size
    300,564 SF

    HighLights

    • $562,500 asking price for 6.9± acres of industrial land.
    • Town‑owned lots ranging from 3.4± to 94± acres available.
    • Suitable for buildings from 15,000± to 250,000± square feet.
    • Industrially zoned, allowing for diverse uses.
    • Public utilities including natural gas and 3‑phase power available.
    • Convenient I‑95 access and proximity to other major roadways.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Gorham
    County
    Cumberland
    State
    Maine
    Longitude
    -70.3845461
    Latitude
    43.6832948

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    FAQs

    What type of property is this?
    Land - 6.9-Acre Industrial Lot in Gorham, ME
    Where is this land located?
    The property is located at Gorham Industrial Pkwy Gorham, ME.
    What is the asking price?
    The asking price for this property is $562,500.
    What are key features of this property?
    This property features: $562,500 asking price for 6.9± acres of industrial land.; Town-owned lots ranging from 3.4± to 94± acres available.; Suitable for buildings from 15,000± to 250,000± square feet.
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    Gorham Industrial Pkwy Gorham, ME 04038
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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
    Gorham Industrial Pkwy Gorham, ME 04038
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