Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Warren, ME Wooded Land Parcel Title is generated by Realmo AI

    Eastern Road, Warren, ME 04864

    View on Map
    Claim this Listing
    New
    For Sale
    $139,000

    LAND - Warren, ME

    Lot size:
    16.00 Acres
    Added:
    May 11, 2026
    Days on Market:
    5
    Last Refresh:
    May 15 at 11:06 am

    Property Features for Eastern Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Rural
    Parking features
    Driveway
    Pets allowed
    No
    Standard status
    Active
    Lot size
    16.00 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Annual Amount
    836

    Utilities

    Sewer type
    Septic Needed
    Water source
    Well Needed

    We can help!

    Listing Contact
    Devin Fairfield

    Listing agent Devin Fairfield

    Listing office Keller Williams Realty 50 Sewall Street, Portland, ME

    Listing date May 11, 2026

    MLS# 1661513 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.

    HighLights

    • Large 16± acre wooded parcel offering privacy.
    • Convenient location on a main road with year‑round access.
    • Ample space to build a dream home, cabin, or recreational retreat.
    • Close proximity to coastal communities and Midcoast amenities.
    • Mature trees and natural surroundings.
    • Investment opportunity with potential for building.

    Overview

    This 16-acre wooded parcel is located on Eastern Road in Warren, Maine. The property offers privacy and natural surroundings with mature trees. It provides ample space to build a home, getaway cabin, or recreational retreat. Situated on a main road, the lot allows for year-round access and is conveniently located minutes from nearby coastal communities and Midcoast amenities. This property is suitable for investment, building, or enjoying Maine's natural beauty.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Warren
    County
    Knox
    State
    Maine
    Longitude
    -69.244928
    Latitude
    44.161867

    Nearby Similar for Sale

    • $925,000
      29,882 SF

      Versatile Commercial Site with Buildings

      10-acre commercial property with 30,000 sq ft buildings.
      1023 Eastern Road, Warren, ME 04864
      View Details
    • $250,000
      1,500 SF

      Established Antique Shop on Highway

      Well-established antique shop with retail space on a 2-acre lot.
      2856 Atlantic Highway, Warren, ME 04864
      View Details
    • $360,000
      2,000 SF

      Warren Two-Unit Property with Garage

      Two-unit property with a three-bay garage and rental potential.
      350 Main Street, Warren, ME 04864
      View Details
    • $250,000
      1,500 SF

      Established Antique Shop on Highway

      Well-established antique shop with retail space on 2 acres.
      2856 Atlantic Highway, Warren, ME 04864
      View Details
    • $399,000
      1,296 SF

      Warren Waterfront Land with Storage

      15-acre waterfront land with storage and refurbishment potential.
      1257 N Pond Road, Warren, ME 04864
      View Details
    • $399,000

      Warren, ME Land Parcel

      15-acre land parcel with river access and storage building.
      1257 N Pond Road, Warren, ME 04864
      View Details
    • $595,000

      34.4 Acre Commercial Parcel

      34.4 acre parcel with easy access off Rt 1.
      Falcon Lane lot: 9 &7-1, Warren, ME 04864
      View Details
    • $595,000

      34.4 Acres in Warren, ME

      34.4 acre parcel with town approved 22 lot trailer park.
      Falcon Lane lot: 9 &7-1, Warren, ME 04864
      View Details
    • $240,000

      Warren, ME 30-Acre Parcel

      30-acre parcel in Warren, Maine, with development potential.
      Middle Road, Warren, ME 04864
      View Details
    • $675,000

      Maine Land with Mountain Views

      188 acres of land with mountain and bay views.
      Tolman Road, Warren, ME 04864
      View Details
    • $595,000
      1,498,464 SF

      34.4 Acre Parcel in Warren

      34.4 acre parcel with approved 22-lot trailer park.
      Lot 9-7-1 Lot 9-7-1 Falcon Lane, Warren, ME 04864
      View Details
    • $290,000

      Maine Lakefront Land Opportunity

      67.49 acres with 1,400 feet of shoreline on South Pond.
      Atlantic Highway Map 4 Lot 24, Warren, ME 04864
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 16-acre wooded parcel in Warren, Maine, for residential or recreational.
    Where is this residential land & home lot located?
    The property is located at Eastern Road Warren, ME.
    What is the asking price?
    The asking price for this property is $139,000.
    What are key features of this property?
    This property features: Large 16± acre wooded parcel offering privacy.; Convenient location on a main road with year‑round access.; Ample space to build a dream home, cabin, or recreational retreat.
    (207) 879-9800
    We can help!
    Listing Contact
    Devin Fairfield
    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

    Thank You for Inquiry
    Eastern Road, Warren, ME 04864
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!