Property profile

0 Tbd Western Ave Newburgh, ME 04444

OFF-MARKET
Land
85 ac lot
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Property summary

AI-generated overview

This exceptional 85-acre property presents a rare opportunity in Hampden, Maine. Ideally situated with frontage on both Western Avenue and Ledgewood Drive, this expansive parcel offers significant development potential. The land is primarily forested, featuring gentle rolling hills and relatively level terrain, making it suitable for a variety of uses. Its predominantly wooded character provides a tranquil setting, ideal for recreational pursuits such as hunting. The property's proximity to city water and sewer services significantly enhances its development potential, simplifying infrastructure connections for future projects. The address is listed as TBD Western Ave, Hampden, Maine, 04444, in Penobscot County. The property's size and location make it an attractive investment for those seeking a large tract of land in a desirable Maine community. The asking price for this unique property is $850,000. This is a remarkable opportunity to acquire a substantial landholding with diverse possibilities. The latitude and longitude coordinates are 44.7341514 and -68.9666252 respectively.

Property profile

Verified
Property type Land
Lot 85 ac (3,702,600 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Tbd Western Ave Newburgh, ME 04444
Newburgh metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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