18 Vis Dr Dr Gorham, ME 04038
- Commercial real estate
- 5.31 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 18 Vis Dr Dr
- Lot size
- 5.31 lot acres
- Property type
- Commercial real estate
Description
This exceptional 5.31-acre commercial lot presents a unique investment opportunity in a highly visible Gorham location. Situated on Vista Drive, this property boasts a daily traffic count exceeding 7,000 vehicles, ensuring maximum exposure for any development. Currently approved for eleven residential units, the property's zoning allows for the potential expansion to twenty-four units through contract zoning, offering significant upside potential. The site's strategic location provides easy access to downtown Gorham, Westbrook, and Portland, enhancing its appeal to a wide range of potential uses. Its proximity to established businesses like Maine Optometry and Martin's Point Health further strengthens its desirability. This versatile property is ideal for developers seeking to capitalize on the high traffic volume and prime location, offering a blend of residential and commercial possibilities. The substantial acreage provides ample space for a variety of projects, making it an attractive proposition for those seeking a significant development opportunity in a thriving Maine community. The existing approvals streamline the development process, reducing time and costs associated with obtaining necessary permits. This is a rare chance to acquire a large, well-located parcel with significant development potential in a rapidly growing area. Serious inquiries are encouraged.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Gorham
- County
- Cumberland
- State
- Maine
- Longitude
- -70.4024
- Latitude
- 43.6922
