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OFF-MARKET
Warehouses

00 Passamaquoddy Ln Eliot, ME 03903

5,600 SF 11.69 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 5,600 square foot flex/warehouse property, situated on an expansive 11.69-acre lot in Eliot, Maine (APN 029-031-000), presents a compelling investment opportunity. Priced at $300,000 ($50/sq ft), this property boasts a 23-foot ceiling height, ideal for various industrial and commercial uses. Located in the Pine Tree Business Park, Lot 5 offers convenient access to I-95. The site is fully prepared with infrastructure including a gravel pad, 1,000-gallon septic system, Kittery Town Water and sprinkler system hookups, a collection box, transformer box, and 3-phase electric service. Parking will be paved, and landscaping will enhance the common areas. Separate gas tanks are also provided. This property is zoned COMMERCIAL/INDUSTRIAL, allowing for a wide range of business ventures. While this specific lot is 5,600 square feet, other pad sizes are available (4,800, 6,000, and 7,200 sq ft) within the park, totaling 50,000 square feet of proposed development. A portion of the parcel falls within Eliot's limited commercial shoreland overlay district. The property is identified on the Eliot Tax Map 29 as Lot 31. This is a turnkey opportunity to establish your business in a thriving location. The address is 00 Passamaquoddy Lane, Lot 5, Eliot, ME 03903.

Property profile
Verified
Property type Warehouses
Total area 5,600 SF
Lot 11.69 ac (509,216 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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