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    Oakfield lots 6 & 7 Morrison Brk Rd Houlton, ME 04763

    • Land
    • 39.20 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for Oakfield lots 6 & 7 Morrison Brk Rd

    Lot size
    39.20 lot acres
    Property type
    Land

    Description

    This 39.2-acre property in Oakfield, Maine, offers a unique blend of recreational and residential potential. Located off South Oakfield Road, the land boasts approximately 1,100 feet of frontage on Morrison Brook, featuring two beaver ponds. Access is provided via 1,060.3 feet of frontage on Morrison Brook Road and 624.8 feet on Moose Ridge Road. The property lines have been surveyed, marked, and soil tested. The secluded location provides ample privacy, yet it's conveniently situated just 15 miles from amenities such as I-95, two golf courses, and a hospital. Recreational opportunities abound, with access to ATV and snowmobile trails directly from the property, plus abundant wildlife. A natural spring water source is available via Moose Ridge. The land is suitable for various uses, including placing a pre-fabricated cabin, building a custom home, or parking an RV. Owner financing may be available. Low taxes are an added benefit. Additional acreage may also be available. This exceptional property is ideally suited for those seeking a tranquil retreat with easy access to modern conveniences.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Houlton
    County
    Aroostook
    State
    Maine
    Longitude
    -68.0626
    Latitude
    45.9745

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      View Details
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    Oakfield lots 6 & 7 Morrison Brk Rd
    Houlton, ME 04763
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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
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