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    14 Ridge Rd Fairfield, ME 04937

    For Sale
    $154,900

    5.23 Acres, Prime Industrial Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 5.23-acre commercial lot is situated in the desirable Fair-Fields Business Park in Fairfield, Maine. Zoned for industrial use, this property presents a remarkable opportunity for developers seeking a strategic location for various commercial ventures. The lot boasts convenient access to Interstate 95, providing seamless connectivity to major Maine cities including Augusta, Portland, and Bangor, as well as points further north and south. All essential utilities—power, water, and sewer—are readily available at the roadside, simplifying the development process. Ideal for the construction of a manufacturing facility, warehouse, or distribution center, this property offers significant potential for growth and profitability. Its prime location and readily available infrastructure make it an attractive investment for businesses seeking a strong foothold in a thriving commercial area. The property is conveniently located near the highway, offering easy access to transportation networks. This exceptional parcel represents a rare opportunity to acquire a substantial commercial lot in a highly sought-after location. Don't miss this chance to secure a prime piece of Maine real estate.

    Property Features for 14 Ridge Rd

    General Information

    Property type
    Land
    Lot Size
    227,819 SF

    HighLights

    • $154,900 asking price.
    • 5.23‑acre commercial land parcel.
    • Located in Fairfield, ME, at Map 36 Lot 14 Ridge Road, zip code 04937.
    • Convenient I‑95 access.
    • Industrial zoning with available utilities (power, water, sewer).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office 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
    Fairfield
    County
    Somerset
    State
    Maine
    Longitude
    -69.602117873416
    Latitude
    44.593029593216

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    FAQs

    What type of property is this?
    Land - 5.23 Acres, Prime Industrial Location
    Where is this land located?
    The property is located at 14 Ridge Rd Fairfield, ME.
    What is the asking price?
    The asking price for this property is $154,900.
    What are key features of this property?
    This property features: $154,900 asking price.; 5.23-acre commercial land parcel.; Located in Fairfield, ME, at Map 36 Lot 14 Ridge Road, zip code 04937.
    (207) 270-1659
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    14 Ridge Rd 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
    14 Ridge Rd Fairfield, ME 04937
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