Property profile

0 Stillwater Ave Orono, ME 04473

OFF-MARKET
Land
26 ac lot
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Property summary

AI-generated overview

This exceptional 26-acre commercial development parcel is strategically located on Stillwater Avenue in Orono, Maine, offering unparalleled potential for a wide range of commercial ventures. Zoned Commercial 1, this expansive property boasts excellent frontage and visibility, ensuring high traffic exposure for any future development. Its convenient location provides easy access to the Maine Turnpike/I-95, specifically approximately half a mile from Exit 193, facilitating seamless connectivity to regional and statewide transportation networks. The substantial lot size presents a unique opportunity for large-scale projects, allowing for significant flexibility in design and development plans. Situated in Penobscot County, this property presents a compelling investment opportunity in a thriving Maine community. The asking price for this remarkable development land is $450,000. Detailed zoning information and site plans are available upon request. This property is ideal for developers seeking a prime location with significant acreage for a substantial commercial project. The combination of size, zoning, and accessibility makes this a rare and highly desirable opportunity. Don't miss out on this chance to acquire a significant piece of commercial real estate in a rapidly growing area. The property's address is Stillwater Avenue, Orono, ME 04473.

Property profile

Verified
Property type Land
Lot 26 ac (1,132,560 SF)

Cap rate & NOI

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

Location

Stillwater Ave Orono, ME 04473
Orono metro
Google Maps

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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