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    2541 Union St Bangor, ME 04401

    For Sale
    $105,000

    Land, Other - Hermon, ME

    Lot size:
    15.00 Acres
    Days on Market:
    251
    Last Refresh:
    Dec 14 at 12:06 pm

    Property Features for 2541 Union St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    15.00 Acres

    Building Details

    Architectural style
    Other

    NextHome, Inc

    Listing agent The Morrison Group (207) 573-7400 License #BA923725,PersonLicenseNumber

    Listing date Apr 8, 2025

    MLS# 1615913 Listing URL

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

    Overview

    Secluded Hermon Land with Knoll

    This approximately 15-acre property in Hermon, Maine, offers both convenience and privacy, located a short distance from Bangor and its amenities. An established approximately 800-foot driveway leads to a secluded setting. The front portion of the lot includes lowland wetlands, while the back features a scenic upland knoll with several acres of dry, usable land. This area is suitable for maintaining privacy, establishing a homestead or small farm, or even constructing a duplex. A soil test was completed in 2022, providing insight for future development. The property presents ample space and possibilities.
    Location Intelligence

    Current Use by Public Records

    Agricultural land

    Suggested Use

    Auto Repair Shop Hair Salon Hotel & Motel Auto Parts Store Food Market Pawn Shop Bakery Toy Store Farmer's Market Fish Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Bangor
    County
    Penobscot
    State
    Maine
    Longitude
    -68.8435661
    Latitude
    44.8332723

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    FAQs

    What type of property is this?
    Land - 15-acre Hermon property with established driveway and usable land.
    Where is this land located?
    The property is located at 2541 Union St Bangor, ME.
    What is the asking price?
    The asking price for this property is $105,000.
    What are key features of this property?
    This property features: - Large 15-acre property offering both convenience and privacy.; - Located less than 7 miles from Bangor's amenities.; - Features a secluded setting with an established 800-foot driveway.
    (207) 573-7400
    Request Owner's contact information
    2541 Union St Bangor, ME 04401
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    Bangor, ME 04401
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    Realmo Value Estimation

    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.

    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.

    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
    2541 Union St Bangor, ME 04401
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