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Property profile & analytics
OFF-MARKET
Land

40 Sandy Ridge Ln Searsport, ME 04974

1.76 ac lot
Property ID
Property summary
AI-generated overview

This 1.76-acre commercial lot, located at 40 Sandy Ridge Lane in Searsport, Maine (APN 40sandyridgelanesearsportme04974), is offered at $49,900. The property boasts a price per acre of $28,352.27, reflecting its desirable location within a well-established neighborhood featuring well-maintained homes. Zoned RES-3, the land presents a versatile opportunity for commercial development. Situated in the charming Midcoast town of Searsport, this lot provides convenient access to local beaches, parks, shopping centers, summer festivals, and farmers' markets. The property has undergone soil testing and surveying, ensuring a smooth development process. Buyers will appreciate the serene setting, offering a peaceful retreat while still enjoying proximity to area amenities. This is an exceptional opportunity to acquire a commercially zoned lot in a highly sought-after location. The property's convenient access to various attractions and its tranquil atmosphere make it an ideal investment for those seeking a blend of convenience and serenity. The established neighborhood adds to the property's appeal, promising a harmonious integration into the community.

Property profile
Verified
Property type Land
Lot 1.76 ac (76,666 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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