0 Hermon Pond Rd Hermon, ME 04401
This exceptional 40-acre parcel presents a unique investment opportunity in Hermon, Maine. Boasting approximately 400 feet of frontage on picturesque Hermon Pond, this property offers diverse potential uses. Ideal for hunting and recreational activities, its tranquil setting also lends itself to residential development, though careful consideration is needed due to significant wetland areas on the property. Buyers should conduct thorough due diligence to assess the buildable land and potential development restrictions. Located on Hermon Pond Road, the property is easily accessible, yet maintains a secluded feel. The land is situated on the right side of the road, beginning at the end of a field, providing a sense of privacy and seclusion. The asking price is $97,000. The property is classified as both hunting/recreational and residential land, offering flexibility for various uses. The property's location in Penobscot County, Maine, zip code 04401, provides convenient access to local amenities while retaining its peaceful, natural surroundings. Detailed surveys and environmental assessments are recommended before any development plans are finalized. This is a rare opportunity to acquire a substantial waterfront property with significant potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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