323 Main St Searsport, ME 04974
For Sale
1 / 7
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.