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    00 Passamaquoddy Ln Eliot, ME 03903

    Sponsored
    For Sale
    $300,000

    Maine Flex/Warehouse Space - $300,000

    Property size:
    5,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 5,600 square foot flex/warehouse property, situated on an expansive 11.69-acre lot in Eliot, Maine (APN 029-031-000), presents a compelling investment opportunity. Priced at $300,000 ($50/sq ft), this property boasts a 23-foot ceiling height, ideal for various industrial and commercial uses. Located in the Pine Tree Business Park, Lot 5 offers convenient access to I-95. The site is fully prepared with infrastructure including a gravel pad, 1,000-gallon septic system, Kittery Town Water and sprinkler system hookups, a collection box, transformer box, and 3-phase electric service. Parking will be paved, and landscaping will enhance the common areas. Separate gas tanks are also provided. This property is zoned COMMERCIAL/INDUSTRIAL, allowing for a wide range of business ventures. While this specific lot is 5,600 square feet, other pad sizes are available (4,800, 6,000, and 7,200 sq ft) within the park, totaling 50,000 square feet of proposed development. A portion of the parcel falls within Eliot's limited commercial shoreland overlay district. The property is identified on the Eliot Tax Map 29 as Lot 31. This is a turnkey opportunity to establish your business in a thriving location. The address is 00 Passamaquoddy Lane, Lot 5, Eliot, ME 03903.

    Property Features for 00 Passamaquoddy Ln

    General Information

    Property type
    Distribution properties
    Square Feet
    5,600 SF
    Lot Size
    509,216 SF

    HighLights

    • $300,000 asking price for a 5,600 SF flex/warehouse building.
    • Located in Eliot, Maine, in the Pine Tree Business Park.
    • 11.69‑acre lot with COMMERCIAL/INDUSTRIAL zoning.
    • 23‑foot ceiling height.
    • $50 per square foot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Map

    City
    Eliot
    County
    York
    State
    Maine
    Longitude
    -70.774357128113
    Latitude
    43.132633769513

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    FAQs

    What type of property is this?
    Distribution property - Maine Flex/Warehouse Space - $300,000
    Where is this distribution property located?
    The property is located at 00 Passamaquoddy Ln Eliot, ME.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: $300,000 asking price for a 5,600 SF flex/warehouse building.; Located in Eliot, Maine, in the Pine Tree Business Park.; 11.69-acre lot with COMMERCIAL/INDUSTRIAL zoning.
    Request Owner's contact information
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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
    00 Passamaquoddy Ln Eliot, ME 03903
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