Cedar Breeze N

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Cedar Breeze N

Glenburn, ME 04401
Asking Price
$120K
Asset Type
Residential Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Residential land parcel spanning 1.2 acres available for acquisition.
  • Located in Glenburn Maine with access to regional amenities.
  • Property is situated at the address of Cedar Breeze North.
  • The asking price for this residential land site is $120,000.
  • Suitable for residential construction projects or long term land investment.

What's Special

This land parcel is available for sale in Glenburn, Maine, presenting a strategic option for those seeking a residential development site. Spanning 1.2 acres, the property provides sufficient space for single-family construction or a private homestead project. Situated within Penobscot County, Glenburn offers a quiet community atmosphere while maintaining proximity to the regional economic and service centers found in Bangor. Buyers focusing on residential acquisition will find this site suitable for long-term land holding or immediate project planning in a growing northern Maine market. The terrain is located near Cedar Breeze North, providing access to local transit corridors and community infrastructure. As the demand for residential lots remains steady in this region of the state, this property serves as a practical choice for investors or individuals looking to establish a footprint in the local housing landscape.

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NOI
$80,000
Cap Rate
66.67%
DSCR
11.23
Strong
Cash-on-Cash
202.43%
Monthly Payment
$593.695
Annual Cash Flow
$72,875.666

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