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    Property profile & analytics

    Williams Rd Newport, ME 04928

    • Land
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Williams Rd

    Property type
    Land

    Description

    This exceptional offering presents four contiguous residential lots totaling 192,000 square feet, ideally situated on Williams Road in historic Newport, Maine. Each of the four lots boasts 48,000 square feet and features 160 feet of frontage on Williams Road. The convenient location offers proximity to both the water treatment plant and a local school. This property is zoned for residential use and presents a unique opportunity for development. The asking price for the entire parcel is $130,000, representing a land value of $1.47 per square foot. Individual lot sales are also considered, starting at $35,000 per lot. This location provides easy access to Moose Trail and Moose Lake. The property's size and location make it suitable for various residential projects, including the construction of vacation homes. The land is ready for immediate development, offering a compelling investment opportunity in a desirable Maine location. The seller will consider offers for individual lots or the entire parcel. All necessary disclosures have been made.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Newport
    County
    Penobscot
    State
    Maine
    Longitude
    -69.3029
    Latitude
    44.8973

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    Williams Rd
    Newport, ME 04928
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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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