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    29 Spring St Dexter, ME 04930

    For Sale
    $149,000

    Prime 0.29-acre downtown Dexter lot.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 0.29-acre commercial development parcel presents a unique investment opportunity in the heart of Dexter, Maine. Located at 29 Spring Street, this property boasts excellent visibility and is surrounded by established businesses, including Ace Hardware, Scavengers, Family Dollar, Rent-A-Center, and Bangor Savings Bank. The site is zoned for commercial use, offering flexibility for a variety of development projects. Its central downtown location ensures high traffic volume, with an impressive 14,270 average annual daily traffic (AADT) count. The property's size and location make it ideal for retail, office, or other commercial ventures. The asking price for this prime development land is $149,000. This represents a compelling opportunity to capitalize on the strong commercial presence and high traffic flow in Dexter's thriving downtown area. The property is owned by CN Brown Company and is ready for immediate development. Penobscot County location and 04930 zip code. Don't miss this chance to acquire a highly desirable commercial lot in a vibrant Maine community.

    Property Features for 29 Spring St

    General Information

    Property type
    Land
    Lot Size
    12,632 SF

    HighLights

    • 0.29‑acre commercial development parcel with excellent visibility in Dexter, Maine.
    • Surrounding businesses include Ace Hardware, Scavengers, Family Dollar, Rent‑A‑Center, and Bangor Savings Bank.
    • Prime downtown Dexter location.
    • 14,270 AADT.
    • $149,000 asking price.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Dexter
    County
    Penobscot
    State
    Maine
    Longitude
    -69.2896003
    Latitude
    45.0224863

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    FAQs

    What type of property is this?
    Land - Prime 0.29-acre downtown Dexter lot.
    Where is this land located?
    The property is located at 29 Spring St Dexter, ME.
    What is the asking price?
    The asking price for this property is $149,000.
    What are key features of this property?
    This property features: 0.29-acre commercial development parcel with excellent visibility in Dexter, Maine.; Surrounding businesses include Ace Hardware, Scavengers, Family Dollar, Rent-A-Center, and Bangor Savings Bank.; Prime downtown Dexter location.
    (207) 553-1721
    Request Owner's contact information
    29 Spring St Dexter, ME 04930
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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
    29 Spring St Dexter, ME 04930
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