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Lot A Stillwater Avenue
Orono, ME 04473
Asking Price
$175K
Asset Type
Commercial Land
Class
Class B
What's Special
7 Acre C-1 Zoned Commercial lot <ul><li>Commercial Industrial (CI) zoning</li><li>Excellent frontage on Stillwater Avenue</li><li>High visibility location with strong traffic counts</li><li>Easy access to Interstate 95</li><li>Over $75,000 invested in clearing</li><li>Preliminary traffic and drainage review completed</li><li>Potential rezoning flexibility subject to municipal approval</li><li>Lease opportunities available</li><li>Prime location in a growing commercial corridor</li></ul><p><em>Development opportunities
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NOI
$80,000
Cap Rate
45.71%
DSCR
7.70
Strong
Cash-on-Cash
132.59%
Monthly Payment
$865.805
Annual Cash Flow
$69,610.346
