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    576 Us Hwy 1 Hancock, ME 04640

    For Sale
    $279,000

    Industrial - Hancock, ME

    Type:Industrial
    Lot size:
    104,980.00 Acres
    Days on Market:
    102
    Last Refresh:
    Dec 5 at 4:06 am

    Property Features for 576 Us Hwy 1

    General Information

    Property type
    Land
    Property subtype
    Industrial
    Standard status
    Active
    Lot size
    104,980.00 Acres

    Building Details

    Architectural style
    Other

    Better Homes and Gardens-The Masiello Group (800) 741-1540 [email protected]

    Listing agent Stacy White (207) 667-7423

    Listing date Aug 26, 2025

    MLS# 1603038 Listing URL

    Copyright © 2025 Better Homes and Gardens-The Masiello Group. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Lot Near Ellsworth

    This commercial lot presents an investment opportunity, situated minutes from Ellsworth. It features high visibility and easy access from Route 1. The property is a blank canvas suitable for various business ventures, potentially benefiting from a steady flow of customers. The surrounding area includes a mix of residential and commercial properties, with a 115-lot mobile home park located directly behind the property, suggesting a diverse customer base. The seller is open to considering a build-to-suit arrangement. Located in Hancock, the 2.41-acre lot is in Hancock County.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Gym & Fitness Department Store Storage Facility Garden Center Computer & Electronic Repair

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

    Location Insight

    • Map
    • Local Demand
    City
    Hancock
    County
    Hancock
    State
    Maine
    Longitude
    -68.337201
    Latitude
    44.540032

    Nearby Similar for Sale

    • $3,800,000
      10,000 SF

      Birchtree Meadows Mobile Home Park

      Well-maintained mobile home park with expansion potential in Hancock, ME.
      182 Franklin Rd, Hancock, ME 04640
      View Details
    • $525,000
      2,782 SF

      Versatile Multi-Family Ranch in Hancock

      Spacious main house with apartment on 3.25 acres.
      166 Mud Creek Rd, Hancock, ME 04640
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial lot near Ellsworth with high visibility and easy access.
    Where is this commercial land located?
    The property is located at 576 Us Hwy 1 Hancock, ME.
    What is the asking price?
    The asking price for this property is $279,000.
    What are key features of this property?
    This property features: - High visibility and easy access from Route 1; - Minutes from Ellsworth; - Endless potential for various business ventures (retail, office, mixed-use)
    (207) 667-7423
    Request Owner's contact information
    576 Us Hwy 1 Hancock, ME 04640
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    Hancock, ME 04640
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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
    576 Us Hwy 1 Hancock, ME 04640
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