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    5 Moosehead Trl Newport, ME 04953

    Sponsored
    For Sale
    $100,000

    Two-acre lot, high visibility, $100,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional two-acre commercial lot, located at Lot #5 Moosehead Trail in Newport, Maine, presents a unique opportunity for business development. Situated on the highly trafficked Route 7 (Moosehead Trail), this property boasts excellent visibility and accessibility, with a strong daily traffic count exceeding 11,000 vehicles. The lot is already surveyed and ready for immediate development, eliminating pre-construction delays and expenses. Priced affordably at $100,000, this represents a significant value proposition for entrepreneurs seeking a strategic location in a growing market. Newport is experiencing a surge in commercial activity, making this property ideally positioned to capitalize on the region's economic expansion. The property's location in Penobscot County, Maine, offers easy access to regional transportation networks and a thriving community. This open lot provides ample space for a variety of commercial ventures, from retail establishments to light industrial uses. Don't miss this chance to secure a prime commercial location in a dynamic and up-and-coming area of Central Maine. The zip code is 04953.

    Property Features for 5 Moosehead Trl

    General Information

    Property type
    Land
    Lot Size
    87,120 SF

    HighLights

    • Two‑acre commercial lot in Newport, ME, on highly trafficked Route 7 (Moosehead Trail).
    • Excellent visibility and accessibility with over 11,000 vehicles daily.
    • Surveyed and ready for immediate development.
    • Priced at $100,000.
    • Located in a growing market with high commercial activity in Penobscot County, ME.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Newport
    County
    Penobscot
    State
    Maine
    Longitude
    -69.2884157
    Latitude
    44.8359743

    Nearby Comparable

    • $69,000
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      Prime Newport Commercial Land

      Two-acre lot, high visibility, affordable.
      #5 Moosehead Trl Trl, Newport, ME 04953
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      Prime Newport Commercial Property

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      Newport Multifamily Renovation Opportunity

      Eleven-unit apartment building with renovations underway in Newport, Maine.
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      Newport Commercial Buildings on Route 11

      Three commercial buildings on an oversized lot with leases in place.
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      Prime Newport Commercial Property

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    Nearby Similar for Sale

    • $459,900
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      Newport Commercial Buildings on Route 11

      Three commercial buildings on an oversized lot with leases in place.
      262 Moosehead Trl, Newport, ME 04953
      View Details
    • $2,200,000
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      Newport Multifamily Renovation Opportunity

      Eleven-unit apartment building with renovations underway in Newport, Maine.
      161 Main St, Newport, ME 04953
      View Details
    • $2,200,000
      10,500 SF

      Newport Multifamily Investment Opportunity

      Partially renovated 11-unit apartment building with income potential.
      161 Main St, Newport, ME 04953
      View Details
    • $69,000
      2.00 Acres

      Prime Newport Commercial Land

      Two-acre lot, high visibility, affordable.
      #5 Moosehead Trl Trl, Newport, ME 04953
      View Details
    • $750,000
      6,566 SF

      Prime Newport Commercial Property

      High-traffic location, 6,566 sq ft, great potential.
      134 Main St, Newport, ME 04953
      View Details
    • $419,900
      3,216 SF

      Prime Newport Commercial Property

      Spacious building, 3.13 acres, high traffic.
      18 Ellingwood Dr, Newport, ME 04953
      View Details

    FAQs

    What type of property is this?
    Land - Two-acre lot, high visibility, $100,000
    Where is this land located?
    The property is located at 5 Moosehead Trl Newport, ME.
    What is the asking price?
    The asking price for this property is $100,000.
    What are key features of this property?
    This property features: Two-acre commercial lot in Newport, ME, on highly trafficked Route 7 (Moosehead Trail).; Excellent visibility and accessibility with over 11,000 vehicles daily.; Surveyed and ready for immediate development.
    Request Owner's contact information
    5 Moosehead Trl Newport, ME 04953
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    Newport, ME 04953
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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
    5 Moosehead Trl Newport, ME 04953
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