R7-10 Lebanon StreetSanford, ME 04073Price: $510,000

Introducing a developer or innovator's dream of 100 acres with over 3,600 feet of road frontage along Route 202 (Lebanon Street) and over 500 feet along Philbrick Road in Sanford! Large parcels of this magnitude and quality are getting harder and harder to find. A multi-phase cluster subdivision is one of the many possibilities allowed for development. The Rural Residential zone may also allow a campground, golf course, commercial solar energy fields, car storage and more with proper permitting in place. Three phase power is near the west corner at Cole's Campground along Route 202. The gently sloping terrain offers roughly 120 feet of elevation change with a ridge running southwesterly that can provide excellent access from Route 202 to Philbrick Road. The field at the north end peaks at approximately 480 feet above sea level and offers the potential for stunning views of the mountains to the west and southwest. According to the US Census Bureau, Sanford is one of the fastest growing cities in Maine! In 2022, the city was awarded funding of $25M under a RAISE grant along with an additional $10M from State and local funding for a total of $35,000,000 towards a downtown revitalization project. **The acreage and road frontage are approximate only, Buyer to verify if important to your plans and considerations, as well as permitted uses.