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    13 Off Rdg Rd Fairfield, ME 04937

    Sponsored
    For Sale
    $124,900

    5.7-acre lot, I-95 access, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5.7-acre commercial land parcel presents a remarkable investment opportunity in Fairfield, Maine. Strategically located off Ridge Road (Map 36, Lot 13), this property boasts convenient access to Interstate 95, providing seamless connectivity to major Maine cities including Augusta, Portland, and Bangor. The land is zoned for both industrial and residential uses, offering considerable flexibility for development. Imagine constructing a state-of-the-art manufacturing facility, a modern warehouse, or a distribution center on this expansive site. The property's prime location ensures high visibility and easy access for employees and clients alike. The asking price for this exceptional 5.7-acre lot is $124,900. This represents a significant opportunity to acquire a substantial piece of land in a thriving area with excellent transportation links. Don't miss this chance to secure a foothold in a highly sought-after location and build your business vision. The property's potential is vast, making it an ideal investment for those seeking to establish a strong presence in the Maine commercial market. The zip code is 04937.

    Property Features for 13 Off Rdg Rd

    General Information

    Property type
    Land
    Lot Size
    248,292 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Fairfield
    County
    Somerset
    State
    Maine
    Longitude
    -69.6027333
    Latitude
    44.5933

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    FAQs

    What type of property is this?
    Land - 5.7-acre lot, I-95 access, prime location.
    Where is this land located?
    The property is located at 13 Off Rdg Rd Fairfield, ME.
    What is the asking price?
    The asking price for this property is $124,900.
    (207) 270-1659
    Request Owner's contact information
    13 Off Rdg Rd Fairfield, ME 04937
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    Fairfield, ME 04937
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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
    13 Off Rdg Rd Fairfield, ME 04937
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