Mixed-Use Property with Multiple
395 Moosehead Trail #A/B, Newport, ME 04953
For Sale
$365,000
The site combines several residential structures with a ranch-style building and a barn.
Property Size2,796 SF
Lot Size14.80 Acres
Price / SF$130.54
Days on Market931
Property Features for 395 Moosehead Trail #A/B
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Property Condition
Severity
Evidence
Site & Location
Road Access
Mixed-Use Components
Additional Details
Land Use
Currently Operating
Taxes and HOA fees
Annual Taxes
Amenities
man-made pond
Building Details
Building Size
Year Built
Listing Agency:
True North Realty, Inc.
(207) 573-1267
Listed By:
Cindy Gannon
(207) 717-3084
Source:
Integrityhomesrealestategroup
Added: Apr 25, 2024
Changed: Nov 11
Last Checked: Nov 11 at 2:05AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of True North Realty, Inc.
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Investment Insights
Based on property information with market context.
This 14.8-acre mixed-use property at 395 Moosehead Trail in Newport includes a ranch-style building, a cottage, a double-wide home, a barn, and a man-made pond. The ranch-style building has been used as a daycare for 25 years and features an open kitchen and living area with a half bathroom. The cottage offers additional living space. Built in 2019, the double-wide has three bedrooms, two full bathrooms, including an ensuite, and propane heat. The barn is in need of repair.
The property is zoned Res/Com and fronts Moosehead Trail, described as a route toward Corinna. The structures and land provide a mix of residential and commercial components on one parcel.
The property is zoned Res/Com and fronts Moosehead Trail, described as a route toward Corinna. The structures and land provide a mix of residential and commercial components on one parcel.
Key Highlights
- 14.8‑acre property with a man‑made pond
- Ranch‑style building operated as a daycare for 25 years
- 2019 double‑wide with three bedrooms and two full bathrooms, including an ensuite
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,037
Cap Rate
5.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$400,740
$400.7K
Cap Rate 7%
$286,243
$286.2K
Cap Rate 9%
$222,633
$222.6K
Market Conditions
NOI Build-Up for 2,796 SF
Gross rent
$35.2K $12.60/SF
− Vacancy
−$3.2K −$1.13/SF
EGI
$32.1K $11.47/SF
− OpEx
−$12.0K −$4.30/SF
NOI
$20.0K $7.17/SF
Area
Penobscot County, ME
Vacancy
9.00%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$400,740
Cap Rate 7%
$286,243
Cap Rate 9%
$222,633
Alternative Uses
Best Use
Mixed Use
$286.2K
$250.5K – $334.0K
NOI $20,037 @ 7.0% cap · market cap 5.49%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$903.0K
$790.2K – $1.05M
NOI $63,212 @ 7.0% cap · market cap 17.32%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
30
Businesses Nearby
Explore this area
Business Placement
Demographics for 04953, ME
3,139
Population
1,830
Households
1.7
Avg Household Size
47
Median Age
29%
College-Educated
92%
High-School Grad
29.5 sq mi
ZIP Area
106
Density / Sq Mi
$62,708
Median Household Income
$46,538
Median Earnings
$884
Median Rent
$213,400
Median Home Value
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Market
Average Price Trend$/SF for Mixed-use properties in Penobscot County, ME
Properties on Market for Mixed-use properties in Penobscot County
Frequently Asked Questions
What type of property is this?
Mixed-use property - The site combines several residential structures with a ranch-style building and a barn.
Where is this mixed-use property located?
The property is located at 395 Moosehead Trail #A/B Newport, ME.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: 14.8‑acre property with a man‑made pond; Ranch‑style building operated as a daycare for 25 years; 2019 double‑wide with three bedrooms and two full bathrooms, including an ensuite
