Technical
Financial
Distress signals
Property profile

65 Olde Canal Way Gorham, ME 04038

OFF-MARKET
Land
6.53 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 6.53 ac (284,447 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

65 Olde Canal Way Gorham, ME 04038
Gorham metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 65 Olde Canal Way?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message