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    River Rd Bucksport, ME 04416

    Sponsored
    For Sale
    $500,000

    Prime Maine industrial land, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 13.47-acre commercial land parcel in Bucksport, Maine, presents a unique investment opportunity. Located on River Road (address: River Rd, Bucksport, ME 04416), this property is zoned for Industry Development, offering significant potential for various commercial ventures. The asking price is $500,000. The lot encompasses Assessor's Map 37, Lots 3, 4, & 14 and Map 36, Lot 3, according to Hancock County records. The property boasts existing on-site electricity. Annual property taxes are $6,248.11 (2023). Historically, the site operated as an oil terminal, providing a solid foundation for future development. Its strategic location offers proximity to the proposed Whole Oceans salmon farm operations in Bucksport, potentially creating synergistic opportunities. This substantial acreage presents a compelling chance to capitalize on Maine's growing industrial sector. Serious inquiries are encouraged to explore the full potential of this remarkable property. The property is owned by Sprague International Properties, LLC.

    Property Features for 0 River Rd

    General Information

    Property type
    Land
    Lot Size
    586,753 SF

    HighLights

    • Sprague International Properties, LLC, Owner
    • 13.47± acre lot
    • Assessor's Parcel Numbers: Map 37, Lots 3, 4, & 14 and Map 36, Lot 3
    • 2023 Taxes: $6,248.11
    • Industrial Development zoning
    • On‑site electricity
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Bucksport
    County
    Hancock
    State
    Maine
    Longitude
    -68.8227303
    Latitude
    44.6511758

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    FAQs

    What type of property is this?
    Land - Prime Maine industrial land, ideal for development.
    Where is this land located?
    The property is located at River Rd Bucksport, ME.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: Sprague International Properties, LLC, Owner; 13.47± acre lot; Assessor's Parcel Numbers: Map 37, Lots 3, 4, & 14 and Map 36, Lot 3
    (207) 773-7100
    Request Owner's contact information
    River Rd Bucksport, ME 04416
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    River Rd
    Bucksport, ME 04416
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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
    River Rd Bucksport, ME 04416
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