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    Ml Brk Cmn Cor Westbrook, ME 04092
    Property profile & analytics

    Ml Brk Cmn Cor, Westbrook, ME 04092

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    • Land
    • 1.91 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Ml Brk Cmn Cor

    Lot size
    1.91 lot acres
    Property type
    Land

    Description

    This exceptional 1.91-acre development lot presents a remarkable investment opportunity in Westbrook, Maine. Located at the highly visible corner of Methodist Road and Route 302/Bridgton Road, this property boasts 360± feet of frontage on Route 302 and 315± feet on Methodist Road, ensuring maximum exposure. Previously approved by the City of Westbrook Planning Board for development, the site's approved plan includes up to 12,581± square feet of retail space and 6,836± square feet of office space. Situated a mere quarter-mile from the Duck Pond and Hardy Road intersection with Route 302, this location benefits from exceptional accessibility and high traffic counts exceeding 15,000 cars daily. Its strategic position offers convenient access to Portland, Westbrook, West Falmouth, and Windham, serving as a gateway to the Lakes Region and placing it near popular destinations like Highland Lake. The Highway Services District zoning allows for a wide array of uses, including drive-through facilities, making it ideal for owner-users, developers, and investors alike. Strong demographics within 5, 10, and 15-minute drive times further enhance the property's appeal. The asking price is $249,000, representing a land value of $130,366 per acre. Don't miss this chance to acquire a premier development site in a thriving Maine community.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Westbrook
    County
    Cumberland
    State
    Maine
    Longitude
    -70.3442
    Latitude
    43.7021
    More about this property
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