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Bean Group
Offered at $585,000Pending
beds
—
baths
0
sq ft
—
Built
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R3 3A Route 202

Lebanon, ME 04027

About this home

Discover this exceptional 6 acre parcel located directly on Route 202 in Lebanon, Maine. This versatile lot offers over 630 feet of prime road frontage with outstanding visibility and access, making it ideal for a wide range of business ventures, retail, professional services, or mixed-use development. What truly sets this lot apart is its substantial natural resource value: an estimated 100,000 +/- cubic yards of bank-run gravel ready to be harvested. This high-quality material presents an immediate opportunity for significant profit through excavation and sale, while preparing the site for future construction. Whether you choose to develop the full acreage or capitalize on the gravel first, the financial upside is clear and substantial. Route 202 serves as a key artery for daily commuters, with an average daily traffic count of 10,000+ vehicles. This high-visibility location ensures maximum exposure for any business you envision- from a convenience store, restaurant, or service station to a contractor yard, storage facility, or professional office complex. The property's strategic placement puts it within easy reach of Sanford, Rochester, and the greater Seacoast region, attracting both local residents and passing traffic. Bring your vision to this blank-canvas location and turn potential into profit. Whether you're an investor looking for immediate gravel revenue, a developer seeking a high-traffic commercial site, or an entrepreneur ready to build the next local landmark, this parcel delivers the perfect combination of land, resources, and location. Schedule your private showing today and start planning your future success on Route 202 in Lebanon!

Listing last checked: Listing updated:

Listed by Listing Agent · Duston Leddy Real Estate · MLS #1658877

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Details at a glance

Building1 property facts
Style
Other
Land & utilities4 property facts
Lot size
6 acres
Water
None
Sewer
None
Zoning
RA
Financial2 property facts
Annual taxes
$1,030
Assessment year
2024

Location

Estimated monthly cost

Explore costs at the $585,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$3,044 / monthAdjust
Principal & interest
$2,958
Property tax
$86
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $1,030. 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 R3 3A Route 202

Can I request a private showing?

Request a tour of R3 3A Route 202 and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.