274 Middle Rd Cumberland, ME 04021-3831
Rural Industrial District (RI). The purpose of the Rural Industrial District is to establish a mixed zone of rural residential, industrial, commercial, and associated retail uses, including home occupations. Site plan review and approval are required for all uses, with the exception of residential uses, which term for purposes of this section is defined to c…
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
Property description
Physical attributes from public recordsZoning & alternative use
RI · Cumberland, MERural Industrial District (RI). The purpose of the Rural Industrial District is to establish a mixed zone of rural residential, industrial, commercial, and associated retail uses, including home occupations. Site plan review and approval are required for all uses, with the exception of residential uses, which term for purposes of this section is defined to consist of the following uses: single-family detached dwellings, duplex dwellings, day-care homes, bed-and-breakfasts with three or fewer guest rooms and home occupations. For purposes of this section, the term "nonresidential uses" is defined to consist of all permitted and special exception uses in the RI District other than residential uses. In this district, additional uses shall be permitted on the same lot, provided that each use meets the required minimum lot size requirement. A. The following uses are permitted in the Rural Industrial District: [Amended 9-10-2012 ] (1) Single-family detached dwellings. (2) Duplex dwellings. (3) An accessory dwelling unit as permitted in § 315-45A . [Added 11-26-2012 [1] ] [1] Editor’s Note: This ordinance also redesignated former Subsection A(3) through (22) as Subsection A(4) through (23), respectively. (4) Agriculture and animal husbandry. (5) Catering. [Added 6-1-2015 [2] ] [2]
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.