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37 Alpine Dr - 37 Alpine Drive

88 Acres of Commercial Land Offered at £700,293 in Porter, ME 04068

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Investment Highlights

490,000 CY +/- of aggregate, 800'+ gravel road, 2,100 SF framed single-story building

Executive Summary

88 acres improved with an 800'+ gravel road, 2,100 SF framed single-story building demised with three bedrooms and cathedral ceiling, 2,100 SF three-bay walkout basement (ideal for medical marijuana farming) and a recent surficial soil investigation report estimating upwards of 490,000 CY of aggregate for extraction. Both uses require applicable governmental approvals.
Will be able to subdivide the property in 2026.
Whales Back mountain, 1605', straddling the New Hampshire state line in Oxford County, just north of Parsonsfield and east of Freedom, NH, is part of the property. The proximity to southern New Hampshire makes the sand and gravel extraction appealing.

Disclosures - Dec 16

Lot Survey

Property Card seller initial

Space plan

Deed - seller initial

Prospectus - Aprl 13 2024

Property Facts

Price	£700,293	Property Subtype	Commercial
Sale Type	Investment or Owner User	Proposed Use	Mixed Use
No. Lots	1	Total Lot Size	88.00 AC
Property Type	Land

Price	£700,293
Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Mixed Use
Total Lot Size	88.00 AC

1 Lot Available

Lot

Price	£700,293	Lot Size	88.00 AC
Price Per AC	£7,958

Price	£700,293
Price Per AC	£7,958
Lot Size	88.00 AC

Wooded terrain

Description

88 acres improved with an 800'+ gravel road, 2,100 SF framed single-story building demised with three bedrooms and cathedral ceiling, 2,100 SF three-bay walkout basement (ideal for medical marijuana farming) and a recent surficial soil investigation report estimating upwards of 490,000 CY of aggregate for extraction. Both uses require applicable governmental approvals. Will be able to subdivide the property in 2.5 years. Whales Back mountain, 1605', straddling the New Hampshire state line in Oxford County, just north of Parsonsfield and east of Freedom, NH, is part of the property. The proximity to southern New Hampshire makes the sand and gravel extraction appealing.

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