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    33 Hannaford Dr China, ME 04358

    For Lease
    Contact for pricing

    20,000 SF Build-to-Suit Opportunity

    Lot size:
    20,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 20,000 square foot retail property, located at 33 Hannaford Drive in China, Maine (zip code 04358), presents a unique investment opportunity. Situated in Kennebec County, this single-story building sits on a vacant land parcel zoned for residential use. The property is ideally positioned along the high-traffic intersection of Route 202 and Route 32, offering unparalleled visibility and accessibility. Currently, the entire 20,000 square feet is available for lease. This site is perfect for a build-to-suit project, allowing for complete customization to meet specific business needs. The existing approvals allow for the construction of a single-story building of approximately 20,000 square feet. This presents a rare chance to establish a significant retail presence in a growing community. The property's strategic location near the Hannaford supermarket ensures high foot traffic and convenient access for potential customers. This is an excellent opportunity for businesses seeking a prominent location with significant development potential. The property's single-tenant occupancy allows for a streamlined lease agreement and focused marketing efforts. Serious inquiries are encouraged to explore this exceptional retail opportunity.

    Property Features for 33 Hannaford Dr

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    20,000 SF

    Building Details

    Stories
    1

    Unit(s) available at that property

    Space
    Ground Lease
    Size
    20,000 SF

    HighLights

    • Annual Lease Rate: $75,000
    • Building Size: 20,000 square feet
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hannaford Pharmacy Pharmacy Coinstar Kiosk - Bitcoin ... Atm Coinstar Money Transfer Service Hannaford Grocery Store Lauren Niles Pharmacy

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Hair Salon Nail Salon Gym & Fitness Clothing Store Hotel & Motel Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    China
    County
    Kennebec
    State
    Maine
    Longitude
    -69.5676353
    Latitude
    44.3948353

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    FAQs

    What type of property is this?
    Land - 20,000 SF Build-to-Suit Opportunity
    Where is this land located?
    The property is located at 33 Hannaford Dr China, ME.
    What are key features of this property?
    This property features: Annual Lease Rate: $75,000; Building Size: 20,000 square feet;
    Request Owner's contact information
    33 Hannaford Dr China, ME 04358
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    China, ME 04358
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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
    33 Hannaford Dr China, ME 04358
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