200 High St Ellsworth, ME 04605-1741
B. Urban (U). The purpose of this zone is to provide for a mix of commercial uses including retail business, professional offices, and dense residential. Chapter 56 Unified Development Ordinance Article 3 Zoning Districts 5 | P a g e C. Neighborhood (N). The purpose of this zone is to recognize those transition areas and provide for a well -planned compatibl…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
U · Ellsworth, MEB. Urban (U). The purpose of this zone is to provide for a mix of commercial uses including retail business, professional offices, and dense residential. Chapter 56 Unified Development Ordinance Article 3 Zoning Districts 5 | P a g e C. Neighborhood (N). The purpose of this zone is to recognize those transition areas and provide for a well -planned compatible mixed use environment. I t encourages a combination of land uses which might normally be regarded as incompatible. Uses locating in this zone shall be landscaped to ensure compatibility and screening. This purpose of this zone is to protect existing and attract new residential neighborhoods. It is either served or has the potential to be served by public water and sewer. D. Commercial (C). This is a high traffic automobile -oriented zone designed specifically to serve as an attractive retail trade area for the region. This zone will allow for dense residential. E. Commerce Park (CP). The purpose of this zone is to attract service business and light manufacturing. It aims to present an attractive environment for new employees in a business park-type setting. F. Industrial (I). The purpose of this zone is to provide for business, professional offices, and light and heavy industries with appropriate site design. Uses locating in this zone shall be landscaped to ensure compatibility and screening. The purpose of this zone is t o provide space for existing industries, their expansion, and future industrial development and to prevent conflicts with residential and business uses. G. Business Park (BP). The purpose is to accommodate a mix of uses including concentrated fabrication, ma nufacturing, and industrial uses that are suitable based upon adjacent land uses, access to transportation and public services and facilities. It is the intent to provide an environment for industries that is unencumbered by nearby residential and commercial development. H. Rural (R). The zone offers a low-density rural area that is primarily for single family-homes, traditional rural occupations, agricultural activities, and forestry. Significant incentives are provided for the creation of cluster developments. I. Drinking Water (DW). The purpose of this zone is to protect the Branch Lake Watershed area from development that may threaten drinking water quality. It aims to protect areas with high natural resource value from incompatible development. The development that does occur in this area is intended to have a low environmental impact. In lieu of the creation of cluster development fees will be imposed.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.