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Property profile & analytics
OFF-MARKET
Land

0 Williams Rd Newport, ME 04928

Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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