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Property profile & analytics
FOR SALE
Commercial land

31 Spiller Dr Westbrook, ME 04092

3.25 ac lot
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US42-0317936
Property summary
AI-generated overview

This exceptional 3.24-acre parcel of vacant industrial land presents a unique investment opportunity in Westbrook, Maine. Located at 31 Spiller Drive, the property is zoned for industrial use, offering significant potential for development. The expansive lot size provides ample space for a variety of industrial projects, from warehousing and distribution centers to light manufacturing facilities. Its strategic location in Cumberland County offers easy access to major transportation routes, ensuring efficient logistics and connectivity. The asking price is $425,000. This property is situated in Westbrook, ME, zip code 04092, and boasts a prime location with excellent visibility and accessibility. The land is ready for immediate development, making it an attractive option for businesses seeking to establish or expand their operations in a thriving industrial area. Detailed site plans and zoning information are available upon request. This is a rare opportunity to acquire a substantial piece of industrial land in a desirable location with significant growth potential. Don't miss out on this chance to secure a valuable asset in a competitive market. The property's coordinates are 43.658532 latitude and -70.38255 longitude.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 3.25 ac (141,570 SF)
Zoning code 22
APN WSBR M:004 L:301
UPID US42-0317936
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
Troiano Properties LLC · 4 yrs held
Troiano Properties LLC
since 2022
Last sale
$306,000
2 recorded transactions
2022
$306,000
2021
Price N/A
Zoning & alternative use
22 · Westbrook, ME
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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