00 Passamaquoddy Ln Eliot, ME 03903
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.
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
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No recorded transactions found for this property.
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Risks
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