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Property profile & analytics
FOR SALE
Commercial real estate

323 Main St Searsport, ME 04974

150 ac lot
Property ID
US42-0327624
Property summary
AI-generated overview

This exceptional 150-acre commercial property, located at 323 W Main Street in Searsport, Maine (zip code 04974), presents a unique investment opportunity. Zoned res-3, the land boasts a licensed gravel pit, adding significant value to the potential development. The expansive acreage offers numerous possibilities, including the creation of residential home lots. Its advantageous location abuts a well-established subdivision, providing immediate access to existing infrastructure. Enjoy the close proximity to the scenic Moose Point State Park and the Atlantic Ocean. Higher elevation lots offer breathtaking ocean views. This property is ideally suited for builders and developers seeking a large-scale project with substantial potential. The property includes 21+ parking spaces and is identified by APN SEAP-000001-000000-000041. The asking price for this remarkable parcel is $1,200,000. Don't miss this chance to acquire a significant piece of Maine real estate with exceptional development potential.

Property profile
Verified
Property type Commercial real estate
Lot 150 ac (6,534,000 SF)
APN SEAP-000001-000000-000041
UPID US42-0327624
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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