Technical
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Property profile

42 Olde Canal Way Gorham, ME 04038

OFF-MARKET
Land
3.3 ac lot
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Property summary

AI-generated overview

This exceptional 3.3-acre parcel of land, located at 42 Olde Canal Way in Gorham, Maine, presents a unique opportunity for commercial or industrial development. Situated within the Olde Canal Industrial Park (OCI zoning), this cleared lot boasts readily available utilities, simplifying the construction process and minimizing upfront costs. The property's single-tenant zoning allows for a streamlined development approach, ideal for businesses seeking a dedicated space. The lot size is precisely 3.3 acres, offering ample room for a variety of projects. The property's address is 42 Olde Canal Way, Gorham, ME 04038, and its legal description is Map 34, Block 3, Lot 8, Cumberland County. This location provides excellent access to transportation networks, making it an attractive option for businesses requiring efficient logistics. The readily available utilities include water, sewer, and electricity, significantly reducing the time and expense associated with infrastructure development. This property is perfect for businesses seeking a strategic location in a thriving industrial park with convenient access to essential services. The absence of existing structures allows for complete design flexibility, enabling the construction of a building tailored to specific business needs. This represents a rare opportunity to acquire a fully serviced, ready-to-develop lot in a desirable location.

Property profile

Verified
Property type Land
Lot 3.3 ac (143,748 SF)

Cap rate & NOI

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

Location

42 Olde Canal Way Gorham, ME 04038
Gorham metro
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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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