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    164 New County Rd Rockland, ME 04841

    For Sale
    $329,000

    High-traffic location, nine overhead doors.

    Property size:
    5,688 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This 5,688 square foot single-story commercial building is situated on a one-acre lot at 164 New County Road in Rockland, Maine. The wood-frame structure features a metal roof and shingle siding. Its prime location on Route One (New County Road) offers excellent visibility and accessibility, with close proximity to major retailers like Walmart and Tractor Supply. The property's strategic placement near the intersection of Pleasant Street and New County Road ensures high traffic volume. City Hall is conveniently located directly behind the building. The building's design allows for easy subdivision into four or five separate rental units, presenting a significant opportunity for income generation. The property includes nine overhead doors, providing ample access for various commercial uses. The building contains several furnaces

    Property Features for 164 New County Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    5,688 SF
    Lot Size
    43,560 SF

    Building Details

    Year Built
    1964
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Rockland
    County
    Knox
    State
    Maine
    Longitude
    -69.13123
    Latitude
    44.09685

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, nine overhead doors.
    Where is this commercial real estate located?
    The property is located at 164 New County Rd Rockland, ME.
    What is the asking price?
    The asking price for this property is $329,000.
    (207) 596-6095
    Request Owner's contact information
    164 New County Rd Rockland, ME 04841
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    Rockland, ME 04841
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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
    164 New County Rd Rockland, ME 04841
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