Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    741 Swan Lake Avenue Swanville, ME 04915

    View on Map
    Claim this Listing
    For Sale
    $100,000

    LAND - Swanville, ME

    Lot size:
    8.40 Acres
    Added:
    Mar 31, 2026
    Days on Market:
    18
    Last Refresh:
    Apr 17 at 6:06 pm

    Property Features for 741 Swan Lake Avenue

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Rural
    Standard status
    Active
    Lot size
    8.40 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    464

    Utilities

    Water front
    1

    We can help!

    Listing Contact
    Keirsten Wyman

    Listing agent Keirsten Wyman

    Listing office RE/MAX JARET & COHN 121 Main Steet, Camden, ME

    Listing date Mar 31, 2026

    MLS# 1655819 Listing URL

    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

    Recreational Land Near Swan Lake

    This 8.4-acre Swanville property has been improved and is ready for its next chapter. The current owner acquired the property through a municipal tax foreclosure and has made updates to enhance the usability of the lot. The older mobile home has been removed, creating a more open setting. The existing shed has been improved, offering functional storage or workspace potential. A driveway has been upgraded for better access, and a walking path has been cleared, providing access toward Goose River and Smith Pond, both known locally for fishing and outdoor recreation. The property has been surveyed and is eligible for title insurance. Located near Swan Lake, this parcel offers proximity to additional recreational opportunities including boating and swimming. There is a 40-foot container on the property that is negotiable. Buyer to verify potential uses with the municipality. The property is located in Waldo County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Recreation land

    Suggested Use

    Auto Repair Shop Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Swanville
    County
    Waldo
    State
    Maine
    Longitude
    -69.002102
    Latitude
    44.509483

    Nearby Similar for Sale

    • $995,000

      Expansive Land Parcel on Swan Lake

      Undeveloped 5+ acre parcel with potential on Swan Lake.
      457 N Searsport Road, Swanville, ME 04915
      View Details
    • $99,000

      Swanville Land with Septic System

      Private 2.94-acre lot with septic, leach, and driveway.
      1651 Swan Lake Avenue, Swanville, ME 04915
      View Details
    • $99,900

      Swanville Vacant Lot Near Lake

      3.3 acre Swanville lot with shared lake frontage.
      N Searsport Road lot: 40C, Swanville, ME 04915
      View Details
    • $59,900

      Swanville Land Near Swan Lake

      12.2+/- acre wooded lot near public lake access.
      Harriman Road, Swanville, ME 04915
      View Details
    • $29,900

      Land Near Swanlake, Swanville, ME

      1.7 acre surveyed lot near Swanlake with owner financing.
      12 Goose River Estates, Swanville, ME 04915
      View Details
    • $49,900

      Land Near Lake with Frontage

      Land with frontage on Goose River, near the lake.
      1 Goose River Estates, Swanville, ME 04915
      View Details
    • $45,000

      Land with Goose River Frontage

      Land for sale near lake with river frontage.
      6 Goose River Estates, Swanville, ME 04915
      View Details
    • $49,000

      Swanville Land with Goose River Frontage

      Land for sale near lake with river frontage.
      7 Goose River Estates, Swanville, ME 04915
      View Details
    • $42,500

      Land with Goose River Frontage

      Land for sale near lake with river frontage.
      2 Goose River Estates, Swanville, ME 04915
      View Details
    • $42,500

      Land Near Lake and River

      Land with frontage on Goose River, close to the lake.
      3 Goose River Estates, Swanville, ME 04915
      View Details
    • $49,900

      Swanville Land Near Lake

      Land with frontage on Goose River, near the lake.
      5 Goose River Estates, Swanville, ME 04915
      View Details
    • $45,000

      Land Near Lake with Frontage

      Land with frontage on Goose River, near the lake.
      4 Goose River Estates, Swanville, ME 04915
      View Details

    FAQs

    What type of property is this?
    Recreation land - Improved Swanville property near Goose River, Smith Pond, and Swan Lake.
    Where is this recreation land located?
    The property is located at 741 Swan Lake Avenue Swanville, ME.
    What is the asking price?
    The asking price for this property is $100,000.
    What are key features of this property?
    This property features: Upgraded driveway and cleared walking path provide access to Goose River and Smith Pond, known for fishing and recreation.; Open lot with older mobile home removed, creating a more usable space.; Improved shed offers functional storage or workspace.
    (207) 249-8385
    We can help!
    Listing Contact
    Keirsten Wyman
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!