Current Use by Public Records
- Land
Property Details for 0 Stonewood Dr
- Lot size
- 65.65 lot acres
- Property type
- Land
Description
This exceptional 65.65-acre parcel, known as Winston Hill South Business Park, presents a unique investment opportunity in Freeport, Maine. Located off Stonewood Drive, this property enjoys convenient access to Route 1 and is just one mile from I-295 Exit 17, ensuring excellent visibility and connectivity. Zoned C-1 (Commercial), the land offers significant potential for a variety of commercial and residential uses. A conceptual plan for multifamily development is already in place, streamlining the development process. The property boasts readily available utilities, including water, sewer, gas, electricity, and telephone service, further enhancing its appeal to developers. The asking price is $950,000, translating to approximately $14,471 per acre. The property's legal description is Map 23, Lots 40 & 41, and is owned by the Winston Hill Partnership. This expansive site offers a rare chance to capitalize on Freeport's thriving market and create a significant development. The combination of prime location, existing infrastructure, and flexible zoning makes this an exceptional opportunity for investors seeking a high-return project.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Freeport
- County
- Cumberland
- State
- Maine
- Longitude
- -70.1325
- Latitude
- 43.8275
