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    OFF-MARKET
    Land

    9/10 Enterprise Dr, Arundel, ME 04046

    3.04 ac lot
    Property ID
    Property summary
    AI-generated overview

    This 3.04-acre commercial/industrial land parcel, located at Lot 9/10 Enterprise Drive in Arundel, Maine (APN 012/008E/9 & 10), is zoned BI - Business Industrial. Priced at $275,000, this property offers an exceptional opportunity for businesses seeking high visibility and convenient access. Situated just off Route One, it benefits from significant daily traffic and proximity to I-95, providing easy access to major transportation routes. The location is part of a thriving business park, neighboring established businesses such as Bruce's Auto Garage, Northeast Coil HVAC, and Stickman Dialysis. This prime location offers a blend of rural charm and proximity to the vibrant communities of Biddeford and Kennebunk, within a rapidly growing area of Maine. The property presents a terrific development opportunity, ideal for establishing a new business headquarters or constructing industrial condominiums. The Route One corridor, extending approximately 5 miles from Kennebunk to Biddeford, ensures strong exposure and accessibility. This parcel provides a unique chance to capitalize on the area's recent economic growth and establish a presence in a desirable location. The quiet natural setting adds to the appeal, offering a balance between business and tranquility.

    Property profile
    Verified
    Property type Land
    Lot 3.04 ac (132,422 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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