292 Payne Rd Scarborough, ME 04074
Property profile & analytics
292 Payne Rd Scarborough, ME 04074
- Commercial land
- 20.26 lot acres
Property ID
US42-0234297
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Commercial land
Property Details for 292 Payne Rd
- Lot size
- 20.26 lot acres
- Zone code
- 33
- Property type
- Commercial land
- APN
- SCAR M:R039 L:003
- APU
- SCARMR039L003
Description
This exceptional 25-acre commercial land parcel in Scarborough, Maine, presents a remarkable investment opportunity. Located at 292 Payne Rd, 04074, in Cumberland County, this property boasts a highly desirable General Business B3 zoning designation, allowing for a wide range of commercial development possibilities. The site offers over 1125 feet of frontage on Payne Rd, providing excellent visibility and accessibility. With a daily traffic count exceeding 10,000 vehicles, this location ensures high exposure for any commercial venture. Conveniently situated off the Maine Turnpike (north and south), this property benefits from easy access to major transportation routes. The land is strategically positioned adjacent to established national and global warehouse and distribution facilities, further enhancing its appeal. Its proximity to the Downs development and the planned Costco adds to its significant growth potential. While land development is subject to a DEP wetlands mitigation fee, the substantial size and prime location of this property make it an attractive proposition for developers seeking a high-impact commercial project in Southern Maine. The asking price for this exceptional opportunity is $2,500,000.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Scarborough
- County
- Cumberland
- State
- Maine
- Longitude
- -70.3646
- Latitude
- 43.6073
- CBSA code
- 38860
- CBSA name
- PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,706
$357,300
$0.00
$357,300
-
$0.00
$0.00
$0.00
