0 Stetson Rd, Lewiston, ME 04210
This exceptional 30.61-acre parcel presents a remarkable opportunity for developers seeking a prime location in Auburn, Maine. Zoned for General Business, this expansive land offers unparalleled versatility for mixed-use projects, encompassing retail, residential, multifamily, and assisted living developments. Its strategic location provides immediate access to a thriving commercial corridor, boasting close proximity to major retail hubs such as The Auburn Mall, Auburn Shopping Center, and Auburn Plaza. The surrounding area is densely populated with a diverse range of established businesses, including numerous vehicle dealerships, national and regional chain restaurants, big-box retailers like Walmart, Lowe's, Home Depot, and TJ Maxx, as well as fitness centers, grocery stores (Shaw's), and the Norway Savings Bank Arena. This high-traffic area ensures significant visibility and accessibility for any development. The asking price for this exceptional property is $1,600,000. The property is located on Stetson Rd, Auburn, Androscoggin County, Maine, zip code 04210. This is a rare opportunity to acquire a substantial land holding in a rapidly growing market with strong existing infrastructure and high consumer demand. Don't miss this chance to capitalize on the potential of this prime development site.
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
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.