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Property profile & analytics

4 Ben Way Saco, ME 04072

  • Commercial real estate
  • 2,812 SF
  • 0.18 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Commercial real estate

Property Details for 4 Ben Way

Year built
2022
Lot size
0.18 lot acres
Property size
2,812 SF
Property type
Commercial real estate

Description

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.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Saco
County
York
State
Maine
Longitude
-70.4258
Latitude
43.508
More about this property
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