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    University St Presque Isle, ME 04769

    For Sale
    $125,000

    Land, Other - Presque Isle, ME

    Lot size:
    1.49 Acres
    Days on Market:
    39
    Last Refresh:
    Dec 6 at 10:06 pm

    Property Features for University St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    1.49 Acres

    Building Details

    Architectural style
    Other

    NextHome, Inc

    Listing agent Team Castle (207) 762-6398 License #PersonLicenseNumber

    Listing date Oct 29, 2025

    MLS# 1642180 Listing URL

    Copyright © 2025 NextHome, 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 Land Near University

    This offering features five contiguous lots on University Street—Lots 8, 10, 12, 14, and 16—totaling 1.49 acres. The property is located directly across from the University of Maine at Presque Isle. With frontage on both University Street and Route 1, the property benefits from excellent visibility and access in a high-traffic area. The location and layout provide numerous possibilities for multifamily housing, mixed-use space, or a commercial venture. This property presents a solid investment opportunity for developers looking to be part of Presque Isle's growing landscape. Buyers are encouraged to consult with local code enforcement to explore allowable uses and zoning requirements prior to purchase.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Presque Isle
    County
    Aroostook
    State
    Maine
    Longitude
    -68.0127182
    Latitude
    46.66983414

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    FAQs

    What type of property is this?
    Commercial land - 1.49 acres with high visibility and access.
    Where is this commercial land located?
    The property is located at University St Presque Isle, ME.
    What is the asking price?
    The asking price for this property is $125,000.
    What are key features of this property?
    This property features: - Located directly across from the University of Maine at Presque Isle.; - Five contiguous lots totaling 1.49 acres.; - Frontage on both University Street and Route 1.
    (207) 762-6398
    Request Owner's contact information
    University St Presque Isle, ME 04769
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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
    University St Presque Isle, ME 04769
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