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    235 W River Rd Waterville, ME 04901

    For Sale
    $345,000

    57.68+/- acres suitable for residential development near amenities.

    Lot size:
    57.68 Acres

    Property Features for 235 W River Rd

    General Information

    Lot size
    57.68 Acres

    Source: The Boulos Company Agent Christopher Romano

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Development Land Opportunity

    This 57.68+/- acre property is suitable for residential development. It is located directly across the street from Thomas College and adjacent to LaFleur Airport. The property offers convenient access to Kennedy Memorial Drive, I-95, Northern Light Inland Hospital, and Colby College.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Dental Office Building Supply Auto Repair Shop Gym & Fitness Wholesale Shop Auto Parts Store Daycare Center Convenience Store Smoke and Vape Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Waterville
    County
    Kennebec
    State
    Maine
    Longitude
    -69.6674812
    Latitude
    44.5239893

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    FAQs

    What type of property is this?
    Land - 57.68+/- acres suitable for residential development near amenities.
    Where is this land located?
    The property is located at 235 W River Rd Waterville, ME.
    What is the asking price?
    The asking price for this property is $345,000.
    What are key features of this property?
    This property features: - 57.68+\/- acres prime for residential development; - Directly across the street from Thomas College; - Adjacent to LaFleur airport
    (207) 772-1333
    Request Owner's contact information
    235 W River Rd Waterville, ME 04901
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    235 W River Rd
    Waterville, ME 04901
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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
    235 W River Rd Waterville, ME 04901
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