About this home
Sales Opportunity: Prime 9.18+-Acre Developable Land Adjacent to Cape Arundel Cottage Preserve This is an exceptional development opportunity for a 9.18+-acre parcel with over 800 feet of high-visibility U.S. Route 1 road frontage, strategically positioned in Arundel, Maine. Located immediately adjacent to the highly successful Cape Arundel Cottage Preserve, this site offers a proven market context for premium commercial, mixed-use, and desirable residential projects.
Listing last checked: Listing updated:
Listed by Listing Agent · Investcomm Commercial Group · MLS #1644372
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Details at a glance
Building1 property facts
- Style
- Other
Land & utilities4 property facts
- Lot size
- 9.18 acres
- Water
- Public
- Sewer
- Private Sewer
- Zoning
- BI
Financial2 property facts
- Annual taxes
- $17,845
- Assessment year
- 2024
Location
Estimated monthly cost
Explore costs at the $640,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$4,723 / monthAdjust
- Principal & interest
- $3,236
- Property tax
- $1,487
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $17,845. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 1976 Portland Road
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Request a tour of 1976 Portland Road and a Bean Group agent will help coordinate an available time with the listing side.
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Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
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