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    00 Passamaquoddy Ln Eliot, ME 03903

    For Sale
    $300,000

    Eliot, ME Industrial Lot - $300,000

    Property size:
    5,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 5,600 square foot industrial lot, situated in the desirable Pine Tree Business Park in Eliot, Maine, presents a compelling investment opportunity. Priced at $300,000 ($50/sq ft), this 11.69-acre parcel (APN 029-031-000) offers versatile usage potential, encompassing distribution, flex, manufacturing, R&D, and warehouse applications. The property boasts a 23-foot ceiling height and is zoned COMMERCIAL/INDUSTRIAL, allowing for a variety of commercial and industrial uses as permitted by Eliot's zoning regulations. Conveniently located near I-95, the lot includes a prepared gravel pad, a 1,000-gallon septic system, Kittery Town Water and sprinkler system hookups, a collection box, a transformer box, and three-phase electric service. Parking will be paved and loaded, and landscaping will enhance the common areas. Separate gas tanks are also provided. This lot is part of a larger development with a total of nine pads, ranging in size from 4,800 to 7,200 square feet. A portion of the parcel falls within the limited commercial shoreland overlay district. This prime location and comprehensive infrastructure make this lot ideal for a variety of businesses seeking a strategic foothold in the thriving Maine market. The property is identified on the Eliot Tax Map 29 as Lot 31. Don't miss this chance to establish your business in this well-planned and conveniently located business park.

    Property Features for 00 Passamaquoddy Ln

    General Information

    Property type
    Life science properties
    Square Feet
    5,600 SF
    Lot Size
    509,216 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Life science properties

    Map

    City
    Eliot
    County
    York
    State
    Maine
    Longitude
    -70.774085547439
    Latitude
    43.132407578831

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    FAQs

    What type of property is this?
    Life science property - Eliot, ME Industrial Lot - $300,000
    Where is this life science 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.
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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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