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Property profile & analytics
OFF-MARKET
Commercial real estate

1173 Sabattus St Lewiston, ME 04240

1.4 ac lot
Entity Owned 2-yr Hold
Property ID
US42-0799302
Property summary
AI-generated overview

This exceptional 1.4-acre commercial property, located at 1173 Sabattus Street in Lewiston, Maine (APN: LEWI-000038-000000-000004-012850), presents a unique investment opportunity. Zoned HB, this land offers a blend of commercial and residential potential. Its strategic location on Route 126 ensures high visibility, boasting an average daily traffic count of 10,460 vehicles. This high traffic volume makes it perfect for businesses that benefit from drive-by exposure. The property is further enhanced by existing infrastructure, including a paved parking lot, readily installed pylon sign, and readily available water and sewer connections. These essential utilities significantly reduce the upfront costs associated with developing the site. Situated in Androscoggin County, Lewiston, ME 04240 (44.1007687, -70.1431566), this property is ideally positioned within a thriving community. The asking price for this remarkable opportunity is $250,000. Don't miss the chance to acquire this well-situated and well-equipped parcel of land. Its combination of location, visibility, and existing infrastructure makes it an attractive proposition for a variety of commercial ventures.

Property profile
Verified
Property type Commercial real estate
Lot 1.4 ac (60,984 SF)
APN LEWI-000038-000000-000004-012850
UPID US42-0799302
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Lewiston Land LLC · 2 yrs held
Lewiston Land LLC
since 2024
1 recorded transaction
2024
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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