Technical
Financial
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Property profile

30 Olde Canal Way Gorham, ME 04038

OFF-MARKET
Land
5.5 ac lot
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Property summary

AI-generated overview

This exceptional 5.5-acre commercial and industrial land parcel, located at 30 Olde Canal Wy, Gorham, ME 04038, presents a unique opportunity for businesses seeking a strategic location in Cumberland County. Zoned for Olde Canal Industrial District, this property offers a developable footprint of approximately 2.2 acres, suitable for constructing a building up to 40,000-50,000 square feet. The site boasts convenient access to Greater Portland and benefits from readily available public utilities, including water, sewer, and natural gas. This advantageous combination of size, zoning, and infrastructure makes it suitable for a wide range of industrial, manufacturing, heavy equipment, technology, and office uses. The property's location within a business-friendly community actively supporting economic development further enhances its appeal to businesses looking to establish or expand their operations. The asking price for this prime industrial land is $399,900. This represents a significant opportunity to acquire a substantial parcel in a thriving Maine market.

Property profile

Verified
Property type Land
Lot 5.5 ac (239,580 SF)

Cap rate & NOI

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

Location

30 Olde Canal Way Gorham, ME 04038
Gorham metro
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Value estimations

Realmo proprietary · 4 methods
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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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