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    #5 Moosehead Trl Trl Newport, ME 04953

    For Sale
    $69,000

    Two-acre lot, high visibility, affordable.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional two-acre commercial lot presents a unique opportunity for businesses seeking high visibility and accessibility in the thriving town of Newport, Maine. Located on Moosehead Trail (Route 7), the property boasts a strong daily traffic count exceeding 11,000 vehicles, ensuring significant exposure for any enterprise. The site is already surveyed and ready for immediate development, eliminating costly pre-construction delays. Its open layout offers considerable flexibility in design and construction, accommodating a wide range of commercial ventures. Newport's strategic location in central Maine positions this property as an ideal base for businesses seeking to tap into the region's growing economy. The affordable price point makes this a particularly attractive investment for entrepreneurs and established companies alike. This is a rare chance to secure a prime commercial location in a burgeoning market, offering substantial potential for growth and return. The property's size and location make it suitable for a variety of uses, from retail and office spaces to light industrial operations. Don't miss this opportunity to establish your business in a highly visible and accessible location. Act quickly, as properties like this are in high demand.

    Property Features for #5 Moosehead Trl Trl

    General Information

    Property type
    Other commercial real estate
    Lot Size
    87,120 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Newport
    County
    Penobscot
    State
    Maine
    Longitude
    -69.28368
    Latitude
    44.83809

    Nearby Comparable

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      Newport Commercial Buildings on Route 11

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    Nearby Similar for Sale

    • $459,900
      1.10 Acres

      Newport Commercial Buildings on Route 11

      Three commercial buildings on an oversized lot with leases in place.
      262 Moosehead Trl, Newport, ME 04953
      View Details
    • $2,200,000
      10,500 SF

      Newport Multifamily Renovation Opportunity

      Eleven-unit apartment building with renovations underway in Newport, Maine.
      161 Main St, Newport, ME 04953
      View Details
    • $2,200,000
      10,500 SF

      Newport Multifamily Investment Opportunity

      Partially renovated 11-unit apartment building with income potential.
      161 Main St, Newport, ME 04953
      View Details
    • $750,000
      6,566 SF

      Prime Newport Commercial Property

      High-traffic location, 6,566 sq ft, great potential.
      134 Main St, Newport, ME 04953
      View Details
    • $419,900
      3,216 SF

      Prime Newport Commercial Property

      Spacious building, 3.13 acres, high traffic.
      18 Ellingwood Dr, Newport, ME 04953
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Two-acre lot, high visibility, affordable.
    Where is this commercial real estate located?
    The property is located at #5 Moosehead Trl Trl Newport, ME.
    What is the asking price?
    The asking price for this property is $69,000.
    (207) 622-6221
    Request Owner's contact information
    #5 Moosehead Trl Trl Newport, ME 04953
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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
    #5 Moosehead Trl Trl Newport, ME 04953
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