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    51 Waldoboro Rd Bremen, ME 04551

    Sponsored
    For Sale
    $330,000

    Maine Timberland: 82 Acres, Buildable Lots

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 82-acre property in Bremen, Maine, presents a unique investment opportunity. Located at 51 Waldoboro Rd, Lincoln County, (04551), this parcel, identified as Map 11, Lot 15, is zoned for rural use and offers significant potential. The land is currently classified as timberland, with a September 2024 penalty of $4,980 for removal from this classification. The gently sloping terrain at the front of the property provides views towards the Medomak River. Multiple buildable areas are available, minimizing development restrictions from wet areas. This expansive property offers privacy and tranquility while remaining conveniently located just 10 minutes from the grocery store and downtown Waldoboro. The property is being sold by the Edward Barnes Living Trust and is offered at $330,000. This is an ideal opportunity for those seeking a large, private parcel with development potential in a desirable Maine location.

    Property Features for 51 Waldoboro Rd

    General Information

    Property type
    Agricultural land
    Lot Size
    3,571,920 SF

    HighLights

    • $330,000 asking price for 82 acres of land.
    • Located at 51 Waldoboro Rd, Bremen, ME 04551 (APN: Map 11, Lot 15).
    • Rural zoning; suitable for multiple building sites.
    • Features gentle slope with Medomak River views; minimal wetlands.
    • Currently enrolled in tree growth program; removal penalty applies.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Hotel & Motel Department Store Food Market Discount Store Farmer's Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Bremen
    County
    Lincoln
    State
    Maine
    Longitude
    -69.413345720323
    Latitude
    44.047590539365

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    FAQs

    What type of property is this?
    Agricultural land - Maine Timberland: 82 Acres, Buildable Lots
    Where is this agricultural land located?
    The property is located at 51 Waldoboro Rd Bremen, ME.
    What is the asking price?
    The asking price for this property is $330,000.
    What are key features of this property?
    This property features: $330,000 asking price for 82 acres of land.; Located at 51 Waldoboro Rd, Bremen, ME 04551 (APN: Map 11, Lot 15).; Rural zoning; suitable for multiple building sites.
    (207) 772-1333
    Request Owner's contact information
    51 Waldoboro Rd Bremen, ME 04551
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    Bremen, ME 04551
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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
    51 Waldoboro Rd Bremen, ME 04551
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