This exceptional 10.65-acre industrial land parcel, located at 0 Main Street in Oxford, Maine (zip code 04270), presents a unique development opportunity. The property, identified by APN Map R13, Lot 17, is owned by All Purpose Storage Oxford, LLC and is currently listed at $650,000. Its strategic location on Route 26 offers excellent visibility, situated conveniently between the Oxford County Regional Airport and downtown Norway, just miles from the Oxford Casino. The site boasts a rich history as a former drive-in movie theater, and is now cleared and fully prepared for immediate development. Existing infrastructure includes readily accessible public water, electric, and telephone/internet services. The property benefits from fully permitted zoning allowing for the construction of a substantial self-storage facility, with plans approved for up to approximately 60,000 square feet of self-storage units across nine buildings. Additionally, permits are in place for a separate approximately 24,000 square foot flex space/contractor bay building. This mixed-use zoning provides significant flexibility for future development. Oxford, Maine is part of the Lewiston/Auburn Metropolitan Statistical Area, offering access to a robust regional market. This shovel-ready site represents a compelling investment opportunity for developers seeking a prime location with significant potential for high returns.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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