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    OFF-MARKET
    Commercial land

    40 Webhannet Pl, Kennebunk, ME 04043-7235

    0.61 ac lot
    Entity Owned Free & Clear
    Property ID
    US42-0871329
    Property summary
    AI-generated overview

    This exceptional 0.61-acre commercial and residential lot is situated on Route One in Kennebunk, Maine, offering unparalleled visibility and high traffic exposure. The property boasts a prime corner location with an impressive daily traffic count of 9,968 vehicles, according to MDOT data. Its flexible MRCU zoning allows for a variety of commercial and residential uses. Preliminary approval has already been obtained for the construction of a 3,500 square foot commercial or medical building, complete with 19 parking spaces. This presents a unique opportunity for developers or businesses seeking a high-traffic location with existing planning approvals. The lot's address is 40 Webhannet Place, Kennebunk, ME 04043, and its APN is 059-035-031. The asking price for this exceptional property is $295,000. This is a rare opportunity to acquire a strategically located parcel in a thriving Maine community. The property is owned by Cottage Advisors ME, LLC. Don't miss this chance to capitalize on this excellent location and its development potential.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 0.61 ac (26,572 SF)
    APN KENB M:059 L:035 U:031
    UPID US42-0871329
    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
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    COTTAGE ADVISORS ME LLC
    COTTAGE ADVISORS ME LLC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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