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    Me-11 Masardis, ME 04732

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

    Current Use by Public Records

    • Land

    Property Details for 0 Me-11

    Lot size
    17.53 lot acres
    Property type
    Land

    Description

    This exceptional 17.53-acre parcel presents a unique opportunity for outdoor enthusiasts. Boasting 408 feet of pristine Aroostook River frontage, this property offers unparalleled access to a variety of recreational activities. Imagine leisurely canoeing, kayaking, or fishing in the tranquil waters, or embarking on thrilling ATV or snowmobile adventures through the surrounding landscape. The land itself is ideal for hunting, providing ample space for establishing a private hunting retreat. Located on a quiet dead-end road just over a mile from Route 11 in Masardis, Maine, this secluded haven ensures peace and quiet while remaining conveniently accessible. The lot faces west, providing stunning river views. This is a rare find – the only riverfront lot available in this desirable location. The property is surveyed and ready for immediate development, making it an exceptional investment for those seeking a peaceful escape or a lucrative recreational venture. The property's address is Otter Lane Lot 4, Masardis, ME 04732, in Aroostook County. The asking price is $75,000.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Masardis
    County
    Aroostook
    State
    Maine
    Longitude
    -68.3768
    Latitude
    46.5564

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    Me-11
    Masardis, ME 04732
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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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