0 Williams Rd Newport, ME 04928
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.