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    One Lot# Rte U.S Newcastle, ME 04553

    For Sale
    $195,000

    LAND - Newcastle, ME

    Lot size:
    12.75 Acres
    Days on Market:
    269
    Last Refresh:
    Dec 14 at 4:06 am

    Property Features for One Lot# Rte U.S

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    D1
    Lot size
    12.75 Acres

    Drum and Drum Real Estate (207) 563-1772 [email protected]

    Listing agent Peter Christine (207) 563-1772

    Listing date Mar 21, 2025

    MLS# 1611610 Listing URL

    Copyright © 2025 Maine Real Estate Information System, 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

    Prime Commercial Land on Route

    This commercial land offers a prime location with approximately 1390 feet of road frontage and a depth of approximately 375 feet. Situated just south of the Damariscotta/Newcastle ramp on Route 1 in Newcastle, Maine, the property benefits from high visibility on a straightaway. The 12.75-acre lot is located opposite the Key Chrysler/Jeep dealer and Mexicali Blues. The zoning is D1.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Newcastle
    County
    Lincoln
    State
    Maine
    Longitude
    -69.559333
    Latitude
    44.026384

    FAQs

    What type of property is this?
    Commercial land - Commercial land with road frontage near Damariscotta/Newcastle ramp.
    Where is this commercial land located?
    The property is located at One Lot# Rte U.S Newcastle, ME.
    What is the asking price?
    The asking price for this property is $195,000.
    What are key features of this property?
    This property features: - Prime commercial location on Route 1.; - Approximately 1390' of road frontage.; - Highly visible straightaway location.
    (207) 563-1772
    Request Owner's contact information
    One Lot# Rte U.S Newcastle, ME 04553
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    Newcastle, ME 04553
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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
    One Lot# Rte U.S Newcastle, ME 04553
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