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🏢 Just listed — Land for sale in Arundel, ME.

📍 Commerce Drive, Arundel, ME
🏷  Land · For Sale
💰 $350K

<p>Discover a selection of prime vacant lots in the town of Arundel. Offering 1.02 acres, this lot provides a perfect blend of privacy and convenience, with easy access to local amenities and major routes. This level terrain, buildable land allows for a variety of design option

Full financials, photos, and broker contact:
https://commrty.com/property/maine/arundel/commerce-drive-lot-6-2493370-for-sale?utm_source=linkedin&utm_medium=share&utm_campaign=pdp&utm_content=commerce-drive-lot-6-2493370

#Arundel #Land #CommercialRealEstate #CRE #Investment

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Home/ME/Arundel

Commerce Drive

Arundel, ME 04046

Asking Price

$350K

Asset Type

Land

Class

Class B

What's Special

<p>Discover a selection of prime vacant lots in the town of Arundel. Offering 1.02 acres, this lot provides a perfect blend of privacy and convenience, with easy access to local amenities and major routes. This level terrain, buildable land allows for a variety of design options, making these lots a fantastic This is a great opportunity for commercial development in a peaceful, rural setting. Phase Electric and public water are all in place for each lot and ready for you to hook up to. Don't

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Purchase Price ($)

Down Payment (%)Interest Rate (%)

Amortization (years)Annual Gross Income ($)Annual Expenses ($)

NOI

$80,000

Cap Rate

22.86%

DSCR

3.85

Strong

Cash-on-Cash

56.40%

Monthly Payment

$1,731.609

Annual Cash Flow

$59,220.692

Location & Travel Times

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Listed by Owner · For Sale