224 Shaker Rd Gray, ME 04039
This exceptional 22-acre development parcel presents a unique opportunity in Gray, Maine. Located at 224 Shaker Road, this level lot boasts over 800 feet of frontage on Route 26, providing excellent visibility and accessibility. The property's APN is GRAY-000013-000015-000015. Its convenient location near the intersection of Dry Mills and Route 26 offers significant advantages for various commercial ventures. The property is zoned for commercial use, opening doors to a wide range of development possibilities. Furthermore, its proximity to I-95 (Maine Turnpike) ensures easy access to major transportation routes, enhancing its appeal to businesses and investors alike. The asking price for this substantial land parcel is $485,000. This property is ideal for developers seeking a large, well-situated tract in a thriving Maine community. The property's location in Cumberland County, with a zip code of 04039, provides easy access to local amenities and services. The coordinates are 43.91580306315779 latitude and -70.35361020243815 longitude. This is a rare opportunity to acquire a significant piece of land with high development potential in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.