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    444 Pleasant St Lewiston, ME 04240

    Sponsored
    For Sale
    $250,000

    6.1 Acres, Highway Business Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 6.1-acre commercial land parcel, located at 444 Pleasant Street in Lewiston, Maine (zip code 04240), presents a unique investment opportunity. Situated in the Highway Business District (APN: RE00012399), this property boasts outstanding visibility and accessibility, making it ideal for a variety of commercial or industrial uses. The asking price is $250,000. Its strategic location offers direct access to I-95/Maine Turnpike via Alfred Plourde Parkway, ensuring high traffic volume and excellent exposure for any business. The expansive lot size provides ample space for development, allowing for significant flexibility in design and construction. This prime location in Androscoggin County offers businesses the benefit of a thriving community and convenient access to major transportation routes. The property's zoning designation within the Highway Business District further enhances its appeal to businesses seeking high visibility and convenient access for customers and employees. This is a rare opportunity to acquire a substantial commercial land parcel in a highly desirable location with excellent potential for growth and return on investment. The coordinates are 44.077047 latitude and -70.182606 longitude.

    Property Features for 444 Pleasant St

    General Information

    Property type
    Land
    Lot Size
    265,716 SF

    HighLights

    • Prime commercial/industrial location.
    • High visibility and accessibility.
    • I‑95/Maine Turnpike access via Alfred Plourde Parkway.
    • Highway Business zoning.
    Property Profile 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 Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Lewiston
    County
    Androscoggin
    State
    Maine
    Longitude
    -70.182606
    Latitude
    44.077047

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    FAQs

    What type of property is this?
    Land - 6.1 Acres, Highway Business Zoning
    Where is this land located?
    The property is located at 444 Pleasant St Lewiston, ME.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: Prime commercial/industrial location.; High visibility and accessibility.; I-95/Maine Turnpike access via Alfred Plourde Parkway.
    Request Owner's contact information
    444 Pleasant St Lewiston, ME 04240
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    Lewiston, ME 04240
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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
    444 Pleasant St Lewiston, ME 04240
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