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    For Sale (20)

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    126 Acres on Gray/Raymond Line
    $1,600,000
    126.00 Acres

    126 Acres on Gray/Raymond Line

    126 acres of land for developers, homesteaders, and farmers.

    2 Gore Rd, Gray, ME 04039
    View details
    Kingfield Land Near Sugarloaf Resort
    $99,000
    6.43 Acres

    Kingfield Land Near Sugarloaf Resort

    6.43 acre build site near downtown Kingfield and Sugarloaf.

    5-01-06 Sunset Eagle Rdg Ln, Kingfield, ME 04947
    View details
    Golf Course Lot on Province Lake
    $125,000
    0.75 Acres

    Golf Course Lot on Province Lake

    Dream home location with golf, lake, and community access.

    Emery Rd, Parsonsfield, ME 04047
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    Residential Lot in Brunswick, ME
    $139,000
    0.47 Acres

    Residential Lot in Brunswick, ME

    0.47-acre residential lot in a thoughtfully designed community.

    Little Fawn Ln, Brunswick, ME 04011
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    Land Parcel in Bath, Maine
    $137,500
    1.60 Acres

    Land Parcel in Bath, Maine

    Beautiful 1.6-acre lot near downtown Bath, Maine.

    Ridge Rd, Bath, ME 04530
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    Brunswick Duplex in Douglas Park
    $525,000
    1,920 SF

    Brunswick Duplex in Douglas Park

    Desirable Brunswick duplex with strong rental potential near downtown.

    40 Belmont St, Brunswick, ME 04011
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    Kennebec Shores Waterfront Lot
    $725,000
    1.89 Acres

    Kennebec Shores Waterfront Lot

    1.89-acre waterfront lot with private beach access.

    Kennebec Shr Rd, Phippsburg, ME 04562
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    152 Acres in Franklin, Maine
    $899,000
    152.36 Acres

    152 Acres in Franklin, Maine

    Large acreage with road network near Acadia National Park.

    Map10Lot27 Blackswoods Rd, Franklin, ME 04634
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    69 Acres on High Street
    $650,000
    69.00 Acres

    69 Acres on High Street

    69-acre land parcel in Bath, Maine, near downtown and Route 1.

    High St, Bath, ME 04530
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    Parsonsfield Land with River Frontage
    $350,000
    30.00 Acres

    Parsonsfield Land with River Frontage

    30 acres of wooded land with 1,200 feet of frontage.

    North Rd, Parsonsfield, ME 04047
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    LAND - Bath, ME
    $99,000
    2.15 Acres

    LAND - Bath, ME

    Residential land & home lots • 2.15 Acres

    Ridge Rd, Bath, ME 04530
    View details
    Warren Two-Unit Property with Garage
    $360,000
    2,000 SF

    Warren Two-Unit Property with Garage

    Two-unit property with a three-bay garage and rental potential.

    350 Main St, Warren, ME 04864
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    Waterfront Acreage on Passadumkeag River
    $32,000
    1.00 Acre

    Waterfront Acreage on Passadumkeag River

    1-acre waterfront property for outdoor enthusiasts and peaceful retreat.

    Lord Brk Rd, Greenbush, ME 04418
    View details
    Ski-In/Ski-Out Homesite Opportunity
    $650,000
    0.23 Acres

    Ski-In/Ski-Out Homesite Opportunity

    Rare ski-in/ski-out homesite in the heart of the resort.

    5000 N Woods Ln, Carrabassett Valley, ME 04947
    View details
    152 Acres in Downeast Maine
    $899,000
    152.36 Acres

    152 Acres in Downeast Maine

    Large acreage with development potential near Bar Harbor and Acadia.

    Map10Lot27 Blackswoods Rd, Franklin, ME 04634
    View details
    Brunswick Land Parcel Opportunity
    $445,000
    0.32 Acres

    Brunswick Land Parcel Opportunity

    Cleared 0.32-acre lot in Brunswick, ready for development.

    23 Noble St, Brunswick, ME 04011
    View details
    104 Acres with River Frontage
    $1,200,000
    104.00 Acres

    104 Acres with River Frontage

    Pristine 104-acre wooded lot with extensive river frontage.

    North Rd, Parsonsfield, ME 04047
    View details
    Picturesque Meadow Land For Sale
    $135,000
    3.30 Acres

    Picturesque Meadow Land For Sale

    3+ acre meadow with stream near Bath and Wiscasset.

    Dana Mill Rd, Woolwich, ME 04579
    View details
    40 Acres on Ossipee River
    $450,000
    40.00 Acres

    40 Acres on Ossipee River

    Pristine wooded land with extensive river frontage.

    North Rd, Parsonsfield, ME 04047
    View details
    126 Acres on Gray/Raymond Line
    $1,600,000
    5,488,560 SF

    126 Acres on Gray/Raymond Line

    126 acres across 5 parcels with private road access.

    2 Gore Rd, Raymond, ME 04071
    View details

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    Portside Real Estate Group
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Portside Real Estate Group
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