Main St St Richmond, ME 04357
- Commercial real estate
- 55.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for Main St St
- Lot size
- 55.00 lot acres
- Property type
- Commercial real estate
Description
This exceptional 55-acre wooded property presents a unique development opportunity in Richmond, ME, a town experiencing growth and situated just 45 minutes from Portland, Maine. Its strategic location near Interstate 295 offers unparalleled access to major transportation routes, enhancing its appeal for businesses seeking efficient logistics. The property's proximity to the Maritimes & Northeast Pipeline provides a significant advantage for energy-related ventures or businesses requiring reliable energy infrastructure. The existing pipeline borders the land, creating a compelling opportunity for distribution infrastructure development. This project would not only benefit the property owner but also contribute significantly to the economic growth of Richmond and the surrounding area, which boasts a population of 3,800 residents and a 30-mile radius population of 350,000. The town of Richmond is actively exploring the expansion of water and sewer infrastructure to this section of town, further enhancing the property's development potential. This is a rare chance to acquire a substantial land parcel with significant existing and potential infrastructure advantages, making it ideal for a business park or other large-scale development. The property's wooded setting offers a blend of natural beauty and strategic location, creating a compelling investment opportunity. The asking price is $499,000.
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
- Richmond
- County
- Sagadahoc
- State
- Maine
- Longitude
- -69.7995
- Latitude
- 44.0875