Property profile

9/10 Enterprise Dr Arundel, ME 04046

OFF-MARKET
Land
3.04 ac lot
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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

Location

9/10 Enterprise Dr Arundel, ME 04046
Arundel metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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