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    9/10 Enterprise Dr Arundel, ME 04046

    For Sale
    $275,000

    Arundel, ME industrial land for sale.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This 3.04-acre commercial/industrial land parcel, located at Lot 9/10 Enterprise Drive in Arundel, Maine (APN 012/008E/9 & 10), is zoned BI - Business Industrial. Priced at $275,000, this property offers an exceptional opportunity for businesses seeking high visibility and convenient access. Situated just off Route One, it benefits from significant daily traffic and proximity to I-95, providing easy access to major transportation routes. The location is part of a thriving business park, neighboring established businesses such as Bruce's Auto Garage, Northeast Coil HVAC, and Stickman Dialysis. This prime location offers a blend of rural charm and proximity to the vibrant communities of Biddeford and Kennebunk, within a rapidly growing area of Maine. The property presents a terrific development opportunity, ideal for establishing a new business headquarters or constructing industrial condominiums. The Route One corridor, extending approximately 5 miles from Kennebunk to Biddeford, ensures strong exposure and accessibility. This parcel provides a unique chance to capitalize on the area's recent economic growth and establish a presence in a desirable location. The quiet natural setting adds to the appeal, offering a balance between business and tranquility.

    Property Features for 9/10 Enterprise Dr

    General Information

    Property type
    Land
    Lot Size
    132,422 SF

    HighLights

    • High‑visibility location just off Route One.
    • Situated in a rapidly growing economic area.
    • Convenient access to Kennebunk and Biddeford.
    • Terrific development opportunity for new headquarters or industrial condos.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Dental Office Wholesale Shop Hotel & Motel Auto Repair Shop Accounting Firm Grocery Store HVAC Service Storage Facility Cafe & Coffee Shop Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Arundel
    County
    York
    State
    Maine
    Longitude
    -70.503405054772
    Latitude
    43.440151819972

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    FAQs

    What type of property is this?
    Land - Arundel, ME industrial land for sale.
    Where is this land located?
    The property is located at 9/10 Enterprise Dr Arundel, ME.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: High-visibility location just off Route One.; Situated in a rapidly growing economic area.; Convenient access to Kennebunk and Biddeford.
    Request Owner's contact information
    9/10 Enterprise Dr Arundel, ME 04046
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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
    9/10 Enterprise Dr Arundel, ME 04046
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