Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    16-43-2 Old 4 Rod Rd Rockport, ME 04856

    Sponsored
    For Sale
    $299,000

    LAND - Rockport, ME

    Lot size:
    17.15 Acres
    Days on Market:
    267
    Last Refresh:
    Feb 5 at 3:06 am

    Property Features for 16-43-2 Old 4 Rod Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    908 & 1400
    Parking features
    Driveway
    Lot size
    17.15 Acres

    Utilities

    Sewer type
    Septic Needed
    Water source
    Well Needed

    We can help!

    Listing Contact
    Bennett Bricker

    Camden Real Estate Company (207) 236-6171

    Listing agent Bennett Bricker (207) 236-6171

    Listing date May 15, 2025

    MLS# 1620016 Listing URL

    Copyright © 2025 Maine Real Estate Information System, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Rockport Land with Hill Views

    This large parcel of land, spanning over 17 acres, offers views of the surrounding hills and valley. The property is situated in a private location accessed via a private dead-end road. It is located within the five-town Community School District and the Camden/Rockport School system. The site is suitable for building a home and offers flexibility for future uses. The property is located near the downtown harbor areas of Camden, Rockport, and Rockland, as well as three golf courses and the Camden Snow Bowl ski facility.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Rockport
    County
    Knox
    State
    Maine
    Longitude
    -69.151798
    Latitude
    44.175345

    Nearby Similar for Sale

    • $10,500,000
      9,561 SF

      Rockport Oceanfront Hospitality Portfolio

      42-room hospitality portfolio on 11 acres with ocean views.
      886 Commercial St, Rockport, ME 04856
      View Details
    • $1,250,000
      2,658 SF

      Oceanfront Colonial Triplex in Rockport, ME

      Oceanfront triplex with rental income potential or single-family conversion.
      4 Warrenton St, Rockport, ME 04856
      View Details
    • New
      $540,000
      8,098 SF

      Route One Commercial Building

      Commercial building with office spaces and residential unit in Rockport.
      731 Commercial St, Rockport, ME 04856
      View Details
    • $530,000
      2,811 SF

      Rockport Multi-Family Living Spaces

      Two detached homes on 4.06 acres, ideal for multi-generational living.
      810 Rockland St, Rockport, ME 04856
      View Details
    • $375,000
      1,346 SF

      Rockport Multi-Family Investment Opportunity

      Well-maintained duplex in Rockport with rental history and conversion potential.
      1032 Commercial St, Rockport, ME 04856
      View Details
    • New
      $150,000
      2,333 SF

      Rockport Retail Opportunity

      Retail property for sale in Rockport, Maine.
      638 Rockland St, Rockport, ME 04856
      View Details
    • $130,000
      2,160 SF

      Rockport Commercial Building on 0.64 Acres

      Commercial building with high visibility and easy access in Rockport.
      407 West St, Rockport, ME 04856
      View Details
    • $799,000
      5,040 SF

      Modern Multi-Flex Commercial Building

      Versatile commercial building with high-visibility location and modern flex space.
      485 Commercial St, Rockport, ME 04856
      View Details
    • $1,875,000
      31,720 SF

      Mixed-Use Redevelopment Opportunity

      Mixed-use property in Midcoast Maine with redevelopment potential.
      680 Commercial St, Rockport, ME 04856
      View Details
    • $669,000
      12,800 SF

      Rockport Commercial Building - Prime Location

      12,800 sq ft, Multi-Use, High Visibility
      618 West St, Rockport, ME 04856
      View Details
    • $195,000
      1,514 SF

      Rockport Retail Space - High Visibility

      Prime Route 17 Retail/Office Opportunity
      638 Rockland St, Rockport, ME 04856
      View Details
    • $589,900
      4,200 SF

      Route 17 Commercial Property with Apartments

      High-visibility Rockport commercial building with apartments.
      157 Porter St, Rockport, ME 04856
      View Details

    FAQs

    What type of property is this?
    Land - Large 17+ acre parcel with views in a private setting.
    Where is this land located?
    The property is located at 16-43-2 Old 4 Rod Rd Rockport, ME.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: - Large 17+ acre parcel with VIEWS.; - Very private location on a dead-end road.; - FANTASTIC home site with flexibility for future uses.
    (207) 236-6171
    Request Owner's contact information
    16-43-2 Old 4 Rod Rd Rockport, ME 04856
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    16-43-2 Old 4 Rod Rd
    Rockport, ME 04856
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    16-43-2 Old 4 Rod Rd Rockport, ME 04856
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Bennett Bricker
    (207) 236-6171
    Learn more
    Google sign-in failed. Please try again or use another login method.