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    54 St John Rd Fort Kent, ME 04743

    Sponsored
    For Sale
    $999,900

    COMMERCIAL - Fort Kent, ME

    Property size:
    3,497 SF
    Lot size:
    13.00 Acres
    Days on Market:
    19
    Last Refresh:
    Feb 28 at 8:06 pm

    Property Features for 54 St John Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Rural
    Rooms
    Basement
    Interior features
    Storage
    Basement
    Full
    Size
    3,497 SF
    Lot size
    13.00 Acres

    Utilities

    Sewer type
    Private Sewer
    Heating system
    Heat Pump (Heating), Radiant, Zoned, Hot Water(Heating), Other (Heating)
    Cooling system
    Heat Pump
    Water source
    Private, Well

    Building Details

    Year built
    2000
    Flooring type
    Tile, Wood
    Building materials
    Vinyl Siding, Wood Frame
    Roof type
    Shingle
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Danielle Forino

    Aroostook Real Estate LLC (207) 834-4545

    Listing agent Danielle Forino (207) 834-4545

    Listing date Feb 10, 2026

    MLS# 1618451

    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.

    Learn more

    Property Insight Report

    Overview

    Versatile Warehouse with Cape-Style Residence

    This property features a meticulously maintained cape-style residence with 4 bedrooms and 3 baths, set on nearly 13 acres. The home includes a newly built primary en-suite above the 3-car attached garage, featuring a custom walk-in tiled shower, ample closet spaces, a heat pump, and a balcony. The dine-in kitchen boasts custom cabinets, a large pantry, and updated granite counters. A spacious 20x25ft family room addition, built in 2015, provides natural light. Updated propane radiant in-floor heating, energy-efficient heat pumps, and a wood stove ensure year-round comfort. The property offers a private backyard oasis and direct access to recreational trails. The 60x140 heated warehouse is designed for versatility and efficiency, featuring radiant floor heating, a central air exchanger and dehumidifier, two 12ft overhead doors, office space, additional 60x30 second floor storage above the office area, two heat pumps, and a half bath. The dry basement offers space for a home gym or bonus room and is accessible from the garage and within the home. The property is zoned as Rural and has endless possibilities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Recreation land

    Suggested Use

    Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Kent
    County
    Aroostook
    State
    Maine
    Longitude
    -68.6338187
    Latitude
    47.2385247

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    FAQs

    What type of property is this?
    Warehouse - 13-acre property featuring a residence and heated warehouse.
    Where is this warehouse located?
    The property is located at 54 St John Rd Fort Kent, ME.
    What is the asking price?
    The asking price for this property is $999,900.
    What are key features of this property?
    This property features: - Nearly 13 acres of pristine land with direct access to recreational trails, offering privacy.; - Impressive 60x140 heated warehouse with radiant floor heating and 12ft overhead doors.; - Newly built primary en-suite above the 3-car garage, featuring a custom tiled shower and balcony.
    (207) 436-5191
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    54 St John Rd Fort Kent, ME 04743
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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
    54 St John Rd Fort Kent, ME 04743
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    We can help!
    Listing Contact
    Danielle Forino
    (207) 436-5191 (207) 834-4545
    Learn more
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