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    1461 Masardis Rd Masardis, ME 04732

    For Sale
    $159,000

    Profitable Convenience Store on Route 11

    Property size:
    900 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional 900-square-foot retail property, located at 1461 Masardis Road in Masardis, Maine, presents a lucrative investment opportunity. The building, custom-built for its current use, sits on a 0.25-acre lot directly on Route 11, ensuring high visibility and accessibility. This strategic location offers a significant competitive advantage

    Property Features for 1461 Masardis Rd

    General Information

    Property type
    Retail properties
    Square Feet
    900 SF
    Lot Size
    10,890 SF

    Building Details

    Year Built
    2019
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    Map

    City
    Masardis
    County
    Aroostook
    State
    Maine
    Longitude
    -68.36314
    Latitude
    46.50214

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    FAQs

    What type of property is this?
    Retail property - Profitable Convenience Store on Route 11
    Where is this retail property located?
    The property is located at 1461 Masardis Rd Masardis, ME.
    What is the asking price?
    The asking price for this property is $159,000.
    (207) 769-2900
    Request Owner's contact information
    1461 Masardis Rd Masardis, ME 04732
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    Masardis, ME 04732
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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
    1461 Masardis Rd Masardis, ME 04732
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