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    24 Dual Cove Point Road Roxbury, ME 04275

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    Claim this Listing
    For Sale
    $1,350,000

    COMMERCIAL - Roxbury, ME

    Property size:
    3,300 SF
    Lot size:
    0.77 Acres
    Added:
    Mar 2, 2026
    Days on Market:
    45
    Last Refresh:
    Apr 16 at 2:06 pm

    Property Features for 24 Dual Cove Point Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Shoreline
    Standard status
    Active
    Size
    3,300 SF
    Lot size
    0.77 Acres

    Taxes and HOA fees

    Tax Year
    2023
    Tax Annual Amount
    2439

    Utilities

    Sewer type
    Septic Tank, Private Sewer
    Heating system
    Heat Pump (Heating)
    Cooling system
    Heat Pump
    Water source
    Private, Well

    Building Details

    Number of units
    5
    Flooring type
    Laminate, Carpet
    Building materials
    Vinyl Siding, Clapboard, Wood Frame
    Roof type
    Shingle

    We can help!

    Listing Contact
    Kimberly Granholm

    Listing agent Kimberly Granholm

    Listing office LAER 103 Water Street STE 202, Hallowell, ME

    Listing date Mar 2, 2026

    MLS# 1651347

    Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Waterfront Investment Opportunity in Roxbury

    This lakefront compound is situated on a private point with 740 feet of waterfront. It features five year-round rental cabins positioned along the shoreline, each with a private kitchen, full bath, and lake and mountain views. The property accommodates 20-24 guests and is suitable for group retreats, vacation rentals, corporate outings, or event-based bookings. The property has a history of rental income and offers opportunities to increase revenue through additional units, amenities, or expanded rental programming, subject to approvals. Designed for four-season use, guests can enjoy boating and swimming, foliage tourism, snowmobiling and ice fishing, and access to ATV and snowmobile trail systems, hiking, skiing, and outdoor recreation. The property's location near Bethel, Rangeley, North Conway, and Portland enhances marketability and repeat rental demand. The property size is 3300 square feet and the lot size is 0.77 acres. The property is located in Roxbury, Maine.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Campgrounds

    Suggested Use

    Storage Facility (Bike/Boat/Book/etc) Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Roxbury
    County
    Oxford
    State
    Maine
    Longitude
    -70.6272
    Latitude
    44.7286

    Nearby Similar for Sale

    • $739,000
      3,458 SF

      Roxbury Commercial Property with Apartment

      Turnkey bar with apartment, ATV trail access, and expansion potential.
      1255 Roxbury Notch Road, Roxbury, ME 04275
      View Details
    • $75,000

      Roxbury, ME Wooded Land

      17-acre wooded lot with trail system, ideal for hunting.
      Roxbury Notch road lot: 22, Roxbury, ME 04275
      View Details
    • $75,000
      740,520 SF

      Wooded Land with Trail System

      17-acre wooded lot featuring a trail system and abundant wildlife.
      Lot 22 Roxbury Notch Road, Roxbury, ME 04275
      View Details

    FAQs

    What type of property is this?
    Campground - Income-producing lakefront compound with expansion potential on 0.77 acres.
    Where is this campground located?
    The property is located at 24 Dual Cove Point Road Roxbury, ME.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: Established income‑producing lakefront compound with strong rental history.; Boasting **740 feet of pristine waterfront on a private point.**; Five well‑maintained, year‑round rental cabins with private kitchens, full baths, and lake/mountain views.
    (207) 441-3513
    We can help!
    Listing Contact
    Kimberly Granholm
    Learn More
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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
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