107 Mussey RdScarborough, ME 04074

Property Details for 107 Mussey Rd

Year built

1870

Lot size

51.96 AC

Property size (Sq ft)

1,920 SF

Zone code

31

Property type

Investment properties

Property subtype

Live-work space

APN

SCAR M:R055 L:010

APU

SCARMR055L010

Description

This exceptional 15-40 acre industrial land parcel in Scarborough, Maine, presents a unique investment opportunity. Located at 107 Mussey Road, this vacant site boasts convenient access to major transportation arteries. It's situated approximately half a mile from the Maine Turnpike's Exit 45 and I-295, offering seamless connectivity for logistics and distribution businesses. The property's proximity to key commercial areas like the Scarborough Gallery and Maine Mall, as well as the Portland International Jetport, further enhances its strategic value. Zoned for industrial use, this land is ready for development. The site benefits from readily available municipal water, sewer, and natural gas infrastructure, simplifying the development process and reducing upfront costs. With its substantial acreage and prime location, this property is perfectly suited for the construction of large-scale warehouse or distribution facilities, catering to the growing demands of the region's logistics sector. The land is priced at $350,000 per acre, offering a compelling investment proposition for developers seeking a strategic foothold in a thriving commercial hub. The property's address is 107 Mussey Rd, Scarborough, ME 04074, within Cumberland County.

• CAP approach

  CAP return

  Valuation

  6%

  $317,433

  6.5%

  $293,015

  7%

  $272,086

• Comparable approach

  Method

  Valuation

  Relative Method

  $250,867

  Geo Method

  $250,867

• Alternative Use

  Use

  Valuation

  Residential

  $363,339

  Hospitality

  $332,817

  Educational

  $276,900

  Medical

  $286,423

  Retail

  $430,733

Location Insight

City

Scarborough

County

Cumberland

State

Maine

Latitude

43.6191

Longitude

-70.3331

CBSA code

38860

CBSA name

PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].