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1556-1596 Main St
Sanford, ME 04073
Main Street 27A Development Corridor · Land For Sale
·
27.00 AC
Investment Highlights
- 27+ Acres RD-Zoned Development Land
- Urban Zone Expansion Potential
- 800’ Main St Corridor Frontage
Executive Summary
27+ Acres RD-Zoned Development Land | 800’ Main St Corridor Frontage | Urban Zone Expansion Potential
Largest remaining RD tract between two Urban districts — prime candidate for rezoning to high-density residential along Sanford’s Main Street corridor.
A rare 27+ acre multi-parcel assemblage located directly on the Main Street corridor in Sanford, Maine. The property is currently zoned RD (Residential Development) but sits immediately between two established Urban-zoned districts, making it one of the strongest rezoning candidates in the city’s growth plan.
With ~800 feet of road frontage, public utilities nearby, and adjacency to higher-density development, this site offers both immediate RD-compliant development paths and significant upside potential through Urban Zone expansion, making it one of the strongest rezoning candidates in the city’s growth plan.
INVESTMENT HIGHLIGHTS
27+ acres of contiguous land
~800 feet of Main Street frontage
Current zoning: RD (Residential Development)
Adjacent zoning: Urban (U) on both sides of the corridor
Strong probability of rezoning due to corridor planning momentum
Public water & sewer nearby
Gently sloping, buildable topography
Mixed wooded & partially cleared areas
Multiple natural access points
Ideal for phased development
High-demand location near schools, retail, and employment centers
DEVELOPMENT POTENTIAL (RD TODAY + URBAN TOMORROW)
RD Zoning (Current By-Right Use)
RD supports:
Single-family homes
Duplexes (in some cases)
Cluster subdivisions
Conservation subdivisions
Typical RD density:
6–10 units per acre depending on design and infrastructure
RD yield potential:
162–270 units depending on layout and cluster design
Urban Zone (Rezoning Potential)
If rezoned to Urban (U), density increases dramatically:
12–20+ units/acre for townhomes or stacked flats
30–60+ units/acre for 3–5 story multifamily
Mixed-use residential allowed
Reduced frontage and lot size requirements
Lower infrastructure extension costs
Urban yield potential:
324–1,200+ units depending on building type and phasing
This is why developers will chase this site.
LOCATION OVERVIEW
The property sits along the Main Street North corridor, an area identified for:
Infill development
Higher density housing
Mixed-income residential
Corridor revitalization
Your assemblage is the missing link between two Urban districts — a fact that dramatically increases rezoning feasibility.
Property Type Development Land
Location Main Street Corridor, Sanford, ME
Lot Size 27+ Acres
Road Frontage ~800 feet
Current Zoning RD (Residential Development)
Adjacent Zoning Urban (U)
Utilities Public water & sewer nearby
Topography Gently sloping, buildable
Assemblage Only contiguous RD block between two Urban districts
Highest & Best RD subdivision, rezoning to Urban, multifamily, townhomes
DEVELOPER-GRADE YIELD ANALYSIS
Scenario 1 — RD Zoning (As-Is)
Density: 6–10 units/acre
Yield: 162–270 units
Best for:
Cluster subdivisions
Duplex/townhome communities
Conservation-based layouts
Scenario 2 — Urban Rezoning (Likely)
Density: 12–60+ units/acre
Yield: 324–1,200+ units
Best for:
Workforce housing
Market-rate multifamily
Senior housing
Mixed-income communities
POSITIONING STRATEGY FOR LOOPNET / COSTAR
Developers respond to:
? “Zoning upside”
This is the #1 value driver.
? “Largest remaining tract”
Scarcity = leverage.
? “Between two Urban districts”
This is the strongest rezoning argument possible.
? “Public utilities nearby”
Critical for multifamily.
? “800’ frontage”
Enables multiple access points and phasing.
“27+ acre RD-zoned tract with ~800’ Main Street frontage”
“Only remaining RD block between two Urban districts”
“Prime candidate for rezoning to high-density residential”
“Gently sloping topography ideal for phased development”
“Public utilities nearby along Main Street corridor”
“Strategic infill location in Sanford’s growth zone”
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Proposed Use | Planned Unit Development |
| No. Lots | 1 | Total Lot Size | 27.00 AC |
| Property Type | Land | ||
| Zoning | RD - RD subdivision, multifamily, townhomes: RD Zoning Density: 6–10 units/acre; Yield: 162–270 units; Cluster subdivisions, Duplex/townhome communities. | ||
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Planned Unit Development |
| Total Lot Size | 27.00 AC |
| Zoning | RD - RD subdivision, multifamily, townhomes: RD Zoning Density: 6–10 units/acre; Yield: 162–270 units; Cluster subdivisions, Duplex/townhome communities. |
1 Lot Available
Lot R15-81-84A
| Price | $4,000,000 | Lot Size | 27.00 AC |
| Price Per AC | $148,148.15 |
| Price | $4,000,000 |
| Price Per AC | $148,148.15 |
| Lot Size | 27.00 AC |
A rare 27+ acre multi-parcel assemblage located directly on the Main Street corridor in South Sanford, Maine. The property is currently zoned RD (Residential Development) but sits immediately between two established Urban-zoned districts.
Description
Southern Maine continues to experience sustained demand for new residential development, driven by population growth, in-migration from Southern New Hampshire and Greater Boston, and a persistent shortage of both rental and for-sale housing. Sanford has emerged as one of the region’s most active and strategically positioned municipalities, offering a combination of affordability, infrastructure capacity, and pro-development municipal planning. The Main Street North corridor, where this 27+ acre assemblage is located, has been identified by the City of Sanford as a priority area for infill development, higher-density housing, and corridor revitalization. The corridor already includes multiple Urban-zoned districts, and the city has demonstrated a willingness to expand Urban zoning where parcels offer scale, frontage, and access to utilities — all characteristics this site possesses. Demand indicators remain strong across all residential segments: Multifamily vacancy rates in York County remain low, with limited new supply in the pipeline. Workforce housing is in high demand due to regional job growth and rising rents in coastal markets. Senior housing and assisted living continue to expand as Southern Maine’s population ages. Townhome and entry-level for-sale product remain undersupplied, with buyers priced out of coastal communities. Sanford’s ongoing investments in infrastructure, transportation, and downtown revitalization have strengthened its position as a regional growth hub. The city’s access to Route 4, proximity to the Maine Turnpike, and connectivity to Biddeford/Saco, Wells, and Rochester, NH make it a logical location for scaled residential development. This 27+ acre RD-zoned tract — uniquely situated between two Urban districts — is positioned to benefit from the city’s long-term planning direction. As demand for higher-density housing increases, parcels with frontage, utilities, and rezoning potential are becoming increasingly scarce. This site offers developers the ability to deliver RD-compliant product today while securing significant upside through future Urban Zone expansion.
