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Property profile

00 Passamaquoddy Ln Eliot, ME 03903

OFF-MARKET
Life science properties
5,600 SF 11.69 ac lot
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Property summary

AI-generated overview

This exceptional 5,600 square foot industrial lot, situated in the desirable Pine Tree Business Park in Eliot, Maine, presents a compelling investment opportunity. Priced at $300,000 ($50/sq ft), this 11.69-acre parcel (APN 029-031-000) offers versatile usage potential, encompassing distribution, flex, manufacturing, R&D, and warehouse applications. The property boasts a 23-foot ceiling height and is zoned COMMERCIAL/INDUSTRIAL, allowing for a variety of commercial and industrial uses as permitted by Eliot's zoning regulations. Conveniently located near I-95, the lot includes a prepared gravel pad, a 1,000-gallon septic system, Kittery Town Water and sprinkler system hookups, a collection box, a transformer box, and three-phase electric service. Parking will be paved and loaded, and landscaping will enhance the common areas. Separate gas tanks are also provided. This lot is part of a larger development with a total of nine pads, ranging in size from 4,800 to 7,200 square feet. A portion of the parcel falls within the limited commercial shoreland overlay district. This prime location and comprehensive infrastructure make this lot ideal for a variety of businesses seeking a strategic foothold in the thriving Maine market. The property is identified on the Eliot Tax Map 29 as Lot 31. Don't miss this chance to establish your business in this well-planned and conveniently located business park.

Property profile

Verified
Property type Life science properties
Total area 5,600 SF
Lot 11.69 ac (509,216 SF)
APN 029-031-000

Cap rate & NOI

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

Location

00 Passamaquoddy Ln Eliot, ME 03903
Eliot metro
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Value estimations

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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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