65 Olde Canal Way Gorham, ME 04038
This exceptional 6.53-acre commercial land parcel, located at 65 Olde Canal Way in Gorham, Maine (zip code 04038), presents a unique opportunity for industrial development. Situated within the Olde Canal Industrial Park Zone, this site boasts pre-approved plans for a substantial 40,800 square foot industrial building. All necessary groundwork has been completed, including a completed survey, aerial topography study, wetland and vernal pool delineation, and stormwater engineering. The property benefits from readily available municipal water, sewer, three-phase power, and natural gas services at the roadside. Conveniently located less than five miles from the Maine Turnpike (I-95), Exit 48, this site offers easy access to Westbrook and the Greater Portland area. This fully engineered and planning board-approved lot is part of the Olde Canal Way Master Plan, ensuring a streamlined development process. The property is zoned to accommodate a variety of industrial uses, making it an ideal location for a range of businesses. Priced at $675,000, this is a turnkey opportunity for immediate development.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.