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    26 Lot 32/33 Calais, ME 04619

    For Sale
    $345,000

    Prime Commercial Land, US Route 1 Frontage

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 56.57-acre commercial land parcel presents a remarkable development opportunity in Calais, Maine. Located on Map 26, Lot 32/33 (APN: Map26Lot23and24Calais04619), this property boasts a highly desirable location just minutes from the US-Canada border crossing. The asking price is $345,000, translating to a land value of $6,098.64 per square foot. Its strategic position offers significant visibility and accessibility, featuring over 3,200 feet of frontage along the heavily trafficked US Route 1. The property's proximity to Canadian Highway 1 in New Brunswick further enhances its commercial potential. The land itself is open and level, simplifying development and minimizing site preparation costs. Zoned for commercial use, this expansive parcel is ideal for a wide range of commercial ventures, capitalizing on its prime location and substantial road frontage. This is a rare opportunity to acquire a significant commercial land holding in a strategic border location with excellent visibility and accessibility. The property is ready for immediate development, presenting a compelling investment for a discerning buyer seeking a high-impact commercial project.

    Property Features for 26 Lot 32/33

    General Information

    Property type
    Land
    Lot Size
    2,464,189 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Calais
    County
    Washington
    State
    Maine
    Longitude
    -67.2128858
    Latitude
    45.1338285

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, US Route 1 Frontage
    Where is this land located?
    The property is located at 26 Lot 32/33 Calais, ME.
    What is the asking price?
    The asking price for this property is $345,000.
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    26 Lot 32/33 Calais, ME 04619
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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
    26 Lot 32/33 Calais, ME 04619
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