4 Ben Way Saco, ME 04072
This exceptional 0.18-acre lot at 4 Ben Way in Saco, Maine presents a unique opportunity for builders and developers. Located less than three miles from the beautiful beaches, this property boasts significant pre-construction advantages, saving considerable time and expense. The land is already cleared, and essential utilities are in place, including public water and sewer connections. The sewer impact fee has been fully paid, eliminating a major hurdle in the development process. A building permit, valid until September 2025, is already secured, streamlining the permitting process. Furthermore, a curb cut and street access have been established, providing convenient access to the site. A poured foundation with existing plumbing is already in place, representing a substantial head start on construction. Detailed plans are available for a two-unit condominium building, offering a clear vision for the project. This property is ideally suited for the construction of a two-unit condominium, offering a potentially lucrative investment opportunity in a highly desirable coastal location. With the groundwork already laid, this is a rare chance to capitalize on a nearly completed project, minimizing construction time and maximizing return on investment. The existing infrastructure and approved plans significantly reduce the complexities and delays often associated with new construction. Don't miss this chance to acquire a ready-to-finish development parcel in a prime Saco location. The 2,812 square foot building footprint offers ample space for a comfortable and profitable multi-unit dwelling.
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
Similar Nearby for Lease
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.