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Lot B Stillwater Avenue
Orono, ME 04473
Asking Price
$475K
Asset Type
Commercial Land
Class
Class B
What's Special
18.5 Acre Commercial C-1 Parcel <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
16.84%
DSCR
2.84
Strong
Cash-on-Cash
36.35%
Monthly Payment
$2,350.041
Annual Cash Flow
$51,799.51
