00 Portland Road Rt 1 Arundel, ME 04043
Estimated payment $15,215/month
Highlights
- 217 Acre Lot
- Wooded Lot
- No HOA
About This Lot
As one of the largest undeveloped parcels of vacant land along the Route 1 corridor south of Portland, this 217-acre property offers multiple near and long-term investment opportunities. Approximately 70% of the land is located in Arundel, with the balance in Biddeford. The property has a combined 950± of frontage on Route 1, with 2 points of entry and is only 2.5 miles from the Maine Turnpike. Public water is available along Route 1. The land is located in the Business Industrial/Gateway/General Industrial zones with numerous permitted and conditional uses including manufacturing, medical facilities, lodging, planned mix use development, recreational facilities, and age-restricted residential development. In addition to the broad array of commercial activities, the property also has strong mitigation opportunities, with approximately 80 acres of wetlands (40% of the land) as identified in a recent Natural Resources Reconnaissance Report. The land abuts southern Maine's premier multiple use Eastern Trail, providing excellent recreational opportunities. Collectively, the attributes of this land, coupled with its prime location, offer excellent investment and collaboration options.
Property Details
Property Type
- Land
Est. Annual Taxes
- $3,636
Lot Details
- 217 Acre Lot
- Wooded Lot
- Property is zoned GW/BI/GI
Parking
- No Driveway
Utilities
- Electricity Not Available
- Natural Gas Not Available
- Private Sewer
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 003
- Assessor Parcel Number 00PortlandRoadArundel04046
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
01/06/2025 01/06/25 | For Sale | $2,700,000 | -- | -- |
Source: Maine Listings
MLS Number: 1612045

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