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    Springer Dr Bangor, ME 04401

    For Sale
    Contact for pricing

    High-traffic Bangor land, ideal for retail.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 4-acre commercial land parcel presents a rare opportunity for development in Bangor, Maine. Boasting prime visibility from Interstate 95, this property enjoys a highly desirable location directly adjacent to a Lowe's and Burlington store within the bustling Bangor Mall shopping district. The address is on Springer Drive, Bangor, ME 04401, in Penobscot County. The property is zoned "S & PS" (Shopping & Personal Service), making it suitable for a wide range of commercial uses. The lot size is approximately 4 acres and is available for sale by owner. The seller will consider subdividing the land, offering flexibility for potential buyers. This high-traffic location, coupled with its proximity to established retail giants, ensures significant exposure and potential for strong returns. This is a unique chance to acquire a strategically positioned commercial property in a thriving Maine market. Don't miss this opportunity to capitalize on this exceptional location and build your business in a prime retail area. Serious inquiries only.

    Property Features for 0 Springer Dr

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • 4‑acre commercial land parcel in Bangor, ME.
    • Located on Springer Dr, Bangor, ME 04401, Penobscot County.
    • Zoned S & PS (Shopping & Personal Service).
    • Approximately 4 acres; seller will subdivide.
    • High visibility from I‑95, adjacent to Lowe's and Burlington at Bangor Mall.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Bangor
    County
    Penobscot
    State
    Maine
    Longitude
    -68.73734555
    Latitude
    44.83985681

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    FAQs

    What type of property is this?
    Land - High-traffic Bangor land, ideal for retail.
    Where is this land located?
    The property is located at Springer Dr Bangor, ME.
    What are key features of this property?
    This property features: 4-acre commercial land parcel in Bangor, ME.; Located on Springer Dr, Bangor, ME 04401, Penobscot County.; Zoned S & PS (Shopping & Personal Service).
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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
    Springer Dr Bangor, ME 04401
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