Property profile

418 Civic Center Dr Augusta, ME 04330

OFF-MARKET
Land
18.82 ac lot
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Property summary

AI-generated overview

This exceptional 18.82-acre commercial and industrial land parcel, located at 418 Civic Center Drive in Augusta, Maine (APN 5/122), presents a unique development opportunity. Zoned PD - Planned Development District, this property offers significant potential for a variety of uses. The asking price is $550,000. The site boasts convenient access to Civic Center Drive, shared with the neighboring Tractor Supply Company, ensuring high visibility and easy ingress/egress. Its strategic location provides effortless access to Maine Turnpike Exit 112B, enhancing connectivity and accessibility. The surrounding area is thriving, with a diverse range of established businesses including The Furniture Gallery, Planet Fitness, Wendy's, Comfort Inn, 99 Restaurant, Fairfield Inn, the Department of Motor Vehicles, and the Social Security Administration, among others. This prime location offers excellent visibility and proximity to a strong customer base. This substantial acreage is ready for immediate development, making it an attractive investment for discerning buyers seeking a high-impact commercial or industrial project in a bustling Maine market. The property is owned by Greely Associates, LLC.

Property profile

Verified
Property type Land
Lot 18.82 ac (819,799 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

418 Civic Center Dr Augusta, ME 04330
Augusta metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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