233 Limerock Street
Rockland, ME 04841
$1,000,000
Price
428,630 / 9.84
Lot Size / Acres
Virtual Tour
Virtual Tour
Description
Exceptional development opportunity in Rockland, Maine. Desirable location less than 1 mile to downtown, oceanfront and ferry terminal, servicing the islands, and just a short drive to Knox County Regional Airport. Owner welcomes serious investors or partnership offers toward completion, or outright purchase. Beginning with a sizeable 9.84 acre parcel that benefits from access to public utilities, the project includes several years of extensive site plan work, due diligence and planning by local...Exceptional development opportunity in Rockland, Maine. Desirable location less than 1 mile to downtown, oceanfront and ferry terminal, servicing the islands, and just a short drive to Knox County Regional Airport. Owner welcomes serious investors or partnership offers toward completion, or outright purchase. Beginning with a sizeable 9.84 acre parcel that benefits from access to public utilities, the project includes several years of extensive site plan work, due diligence and planning by local and accomplished real estate investors. Neighborhood already hosts multi-family housing developments. A variety of configurations to consider, designed by the most reputable engineers and architects in beautiful midcoast Maine. This opportunity is zoned for multi-family residences, up to 196 units. Multiple site plans available with a variety of configurations. Owner has significant local ties to the area, with connections to governance, builders, financing, and subcontractors to facilitate next phase of development. Expectations for 2 bedroom units in new builds will exceed $2,000 per month, upon completion. The 120 unit configuration has estimated ACV of $36M, with under $20M estimated build cost, while enjoying significant monthly cash flow. Rockland serves as the cultural and geographic 'hub' of mid-coast Maine, situated nearly equidistant between Portland and Bangor International Airports, and boasting multi-transportational options between the Knox County Regional Airport, Rockland Ferry Terminal, US Rt 1 and Midcoast Rail Service. Rockland is home to a thriving arts community featuring galleries, festivals, museums and theater, and over 30 eateries to choose from. The historic downtown, lighthouses, and variety of things to do and places to stay, including the Samoset Resort and golf course, make Rockland special. Rockland thrives on tourism and a robust workforce, ensuring an indefinite need for housing and a community committed to ongoing development.
- Listed by Jessica Pooley • Pooley Realty Group • jessicapooleyrealtor@gmail.com
- Listed by Tristan Look • Pooley Realty Group
Property Details for 233 Limerock Street
Waterfront
No
ZoningResidential B
ViewTrees/Woods
LISTING UPDATED: 10/13/2024 09:46 AM
Property Details for 233 Limerock Street
| Status | Active |
|---|---|
| MLS # | 1604233 |
| Days on Market | 90 |
| Taxes | $2,371 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Land |
| MLS Type | Land |
| Year Built | - |
| Lot Size | 9.84 AC |
| County | Knox County |
Virtual Tour
Building Information for 233 Limerock Street
Lot Size9.84 AC
Property Information for 233 Limerock Street
Summary
Location and General Information
- Road Surface Type: Paved
- Zip Code: 2233
- Directions: From Rt. 1 turn onto Highland Street. Go for 0.2 miles then turn left onto Limerock Street. Go for approximately 0.2 miles, the property will be on your right.
- Town: Rockland
- State/Province: ME
- Zip Code: 04841
- County: Knox
- Geo Latitude: 44.10604
- Geo Longitude: -69.124324
- Tax Lot: 3
- Site:Level: Yes
- Site:Open: Yes
- Location:Near Town: Yes
- Location:Other Location: Yes
- Location:Rural: Yes
Parking
- Parking Features: No Driveway, On Site
Taxes and HOA Information
- Tax Book Number: 5756
- Tax Map Number: 52
- Tax Year: 2023
- Parcel Number: ROCD-000052A-000000-003000
- Location Information:Association Y/N: No
- Tax Annual Amount: $2,371.00
- Restrictions:No Restrictions: Yes
Virtual Tour
- Virtual Tour URLUnbranded: https://www.propertypanorama.com/instaview/mreis/1604233
Property
Lot Information
- Lot Size Acres: 9.84
- Source of Acreage: Public Records
- Lot Size Area: 9.84
- Lot Size Units: Acres
- Lot Size Square Feet: 428630.4
- Street Number: 233
- Property Information:Surveyed: Yes
- Property Information:Seasonal: No
- Property Information:Deed Type Offered: Warranty
- Property Information:Deed: All
- Property Information:Mobile Homes Allowed: Yes
Parking
- Driveway:No Driveway: Yes
Property and Assessments
- Sign on Property: Yes
- Property Type: Land
- Property Type Label: Land
Utilities
- Electric: No Electric
- Sewer: None
- Water Source: None
- Gas:No Gas: Yes
Interior and Exterior Features
Interior Features
- Bathrooms Total (Integer): 0
- Bathrooms Total (Decimal): .00
- Bathrooms Total (Notational): .00
Property History for 233 Limerock Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 233 Limerock Street
Taxable ValueLand$97,700Additions-Total$97,700
Tax Record2024$2,392 ($199 / month)
Home Facts
Beds0Lot Size480,467 SqFtStyleResidentialCountyKNOXAPNROCD M:052A L:03000
Schools near 233 Limerock Street
This home is within Regional School Unit 13.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | PK to 5 |
Rating | School | Distance |
|---|---|---|
South School PublicPK to 5 | ||
Oceanside Middle School Public6 to 8 | ||
Oceanside High School Public9 to 12 | ||
Ash Point Community School PublicPK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Pooley Realty Group
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.
