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    55 Old Lisbon Rd Lewiston, ME 04240

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    For Sale
    $749,000

    70-acre parcel near downtown Lewiston with development potential.

    Lot size:
    70.00 Acres

    Property Features for 55 Old Lisbon Rd

    General Information

    Lot size
    70.00 Acres

    Source: Keller Williams Realty Agent Brian DuBois

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

    Overview

    70-Acre Land Parcel in Lewiston

    Located at 55 Old Lisbon Road in Lewiston, this 70-acre parcel offers approximately 750 feet of road frontage. The property is situated minutes from downtown Lewiston, providing access to the Maine Turnpike, Bates College, and Thorndike Bird Sanctuary. Zoned as Neighborhood Business District, the land supports low-intensity nonresidential, mixed-use, and multifamily housing developments, promoting walkable and bikeable environments. This property is suitable for residential, commercial, or mixed-use projects.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lewiston
    County
    Androscoggin
    State
    Maine
    Longitude
    -70.1625557
    Latitude
    44.0734563

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    FAQs

    What type of property is this?
    Land - 70-acre parcel near downtown Lewiston with development potential.
    Where is this land located?
    The property is located at 55 Old Lisbon Rd Lewiston, ME.
    What is the asking price?
    The asking price for this property is $749,000.
    What are key features of this property?
    This property features: - 70-acre parcel, unusually large for the area, offering significant development potential.; - Prime location minutes from downtown Lewiston, Maine Turnpike, Bates College, and Thorndike Bird Sanctuary.; - Approximately 750 feet of road frontage, enhancing accessibility and visibility.
    (207) 333-9019
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    55 Old Lisbon Rd Lewiston, ME 04240
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    Lewiston, ME 04240
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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
    55 Old Lisbon Rd Lewiston, ME 04240
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