46 First Park DrOakland, ME 04963

Property Details for 46 First Park Dr

Year built

2002

Lot size

3.78 AC

Property size (Sq ft)

11,326 SF

Zone code

HIGHWA

Property type

Office properties

Property subtype

Office buildings

APN

OAKL M:006 L:104

APU

OAKLM006L104

Description

The Kennebec Regional Development Authority offers several commercial land parcels for sale within the First Park Business Park in Oakland, Maine. This 285-acre development boasts professional landscaping, a prime location 15 miles from the state capital and two miles west of the Kennebec River, with direct I-95 access via one mile of frontage and a 1,500-foot access road. Available lots range from 6.28 to 28 acres, with prices varying accordingly. Specific lot sizes and prices include: Lot 4 (10.4 acres, $124,800), Lot 5 (11.7 acres, $140,400), Lot 6 (7.1 acres, $85,200), Lot 7 (13 acres, $156,000), Lot 8 (10.8 acres, $129,600), Lot 9 (8 acres, $96,000), Lot 10 (9.8 acres, $117,600), Lot 11 (20.8 acres, $249,600), Lot 12 (28 acres, $336,000), Lot 13 (13.6 acres, $163,200), and Lot 14 (15.3 acres, $183,600). Lot 15B (6.28 acres, $65,000) is currently under contract. The park's address is 46 First Park Dr, Oakland, ME 04963. This presents a unique opportunity to acquire land in a well-established, strategically located business park. The property is zoned for commercial use.

• CAP approach

  CAP return

  Valuation

  6%

  $1,872,526

  6.5%

  $1,728,486

  7%

  $1,605,022

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,479,855

  Geo Method

  $1,479,855

• Alternative Use

  Use

  Valuation

  Residential

  $2,143,322

  Hospitality

  $1,963,272

  Educational

  $1,633,419

  Medical

  $1,689,595

  Retail

  $2,540,874

Location Insight

City

Oakland

County

Kennebec

State

Maine

Latitude

44.5481

Longitude

-69.6841

CBSA code

12300

CBSA name

AUGUSTA-WATERVILLE, ME MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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