Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Dixfield Land For Sale Title is generated by Realmo AI

    87 Severy Hill Road, Dixfield, ME 04224

    View on Map
    Claim this Listing
    For Sale
    $199,900

    LAND - Dixfield, ME

    Lot size:
    16.50 Acres
    Added:
    May 8, 2026
    Days on Market:
    15
    Last Refresh:
    May 22 at 3:06 pm

    Property Features for 87 Severy Hill Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Residential
    Parking features
    Driveway
    Standard status
    Active
    Lot size
    16.50 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    679

    Utilities

    Sewer type
    Septic Needed
    Water source
    Well Needed

    We can help!

    Listing Contact
    Timothy Dunham

    Listing agent Timothy Dunham

    Listing office Tim Dunham Realty 643 Lewiston Rd, Topsham, ME

    Listing date May 8, 2026

    MLS# 1652942 Listing URL

    Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 16.5 acres of land offers substantial space and potential.
    • Private setting provides seclusion and tranquility.
    • Driveway indicates existing access to the property.
    • Perc Test On File suggests preliminary septic system evaluation is complete.
    • Septic Needed indicates the need for a septic system.
    • Well Needed indicates the need for a well.

    Overview

    This property features 16.5 acres of residential land in a private setting located in Dixfield, Maine. The property is situated in Oxford County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Dixfield
    County
    Oxford
    State
    Maine
    Longitude
    -70.2910446
    Latitude
    44.5613959

    Nearby Similar for Sale

    • $27,900

      Dixfield, Maine 1.2-Acre Land Parcel

      1.2-acre level lot in Dixfield, Maine, ideal for development.
      303 Common Road, Dixfield, ME 04224
      View Details
    • $89,000
      5,797 SF

      Large Commercial Building in Dixfield

      Spacious 5797 sqft commercial building, ideal for self-storage.
      52 Main Street, Dixfield, ME 04224
      View Details
    • $385,000
      528 SF

      Dixfield Commercial Property For Sale

      26.78 acre commercial property with permits in place.
      85 Holman Road, Dixfield, ME 04224
      View Details
    • Contact for pricing
      17,009 SF

      Versatile Commercial Property in Dixfield

      17,009± SF commercial property across 5 buildings on 10± acres.
      590 Main St, Dixfield, ME
      View Details
    • $89,000
      5,797 SF

      Large Multi-Story Building For Sale

      Spacious 5797 sqft building suitable for self-storage or redevelopment.
      52 Main Street, Dixfield, ME 04224
      View Details
    • $28,900
      95,832 SF

      Land Parcel in Dixfield, Maine

      Large land parcel available in Dixfield, Maine.
      303 Common Road, Dixfield, ME 04224
      View Details
    • $89,000
      5,797 SF

      Large Commercial Building For Sale

      Two-story commercial building with nearly 6,000 SF available.
      52 Main Street, Dixfield, ME 04224
      View Details
    • $385,000
      528 SF

      26.78 Acres Auto Graveyard

      26.78 acres auto graveyard with permits in place.
      85 Holman Road, Dixfield, ME 04224
      View Details

    FAQs

    What type of property is this?
    Land - 16.5 acre residential land in a private Dixfield setting.
    Where is this land located?
    The property is located at 87 Severy Hill Road Dixfield, ME.
    What is the asking price?
    The asking price for this property is $199,900.
    What are key features of this property?
    This property features: 16.5 acres of land offers substantial space and potential.; Private setting provides seclusion and tranquility.; Driveway indicates existing access to the property.
    (207) 407-9707
    We can help!
    Listing Contact
    Timothy Dunham
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    87 Severy Hill Road, Dixfield, ME 04224
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!