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    Gorham Industrial Pkwy Gorham, ME 04038

    For Sale
    $625,000

    Prime 3.4-Acre Industrial Lot in Maine

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 3.4-acre industrial lot, located at Gorham Industrial Pkwy, Lot 4 in Gorham, Maine (zip code 04038), is offered at $625,000. Zoned for industrial use, this property presents a unique opportunity for development. The lot is part of the Gorham Industrial Park West, offering convenient access to I-95 and other major transportation routes. Public utilities, including natural gas and 3-phase power, are readily available. The property is situated in a rapidly growing area of Southern Maine, making it an attractive investment. The Town of Gorham owns the land. While subdivision and Department of Environmental Protection (DEP) approvals are underway for the southern section, including stormwater management, this lot is ready for development. The site can accommodate buildings ranging from approximately 15,000 to 250,000 square feet, providing flexibility for various industrial projects. This location offers proximity to the existing Gorham Industrial Park, creating a synergistic environment for businesses. The property's strategic location and ample size make it an ideal choice for businesses seeking to establish or expand their operations in a thriving Maine community.

    Property Features for 0 Gorham Industrial Pkwy

    General Information

    Property type
    Land
    Lot Size
    148,104 SF
    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 - Prime 3.4-Acre Industrial Lot in Maine
    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 $625,000.
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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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