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Property profile & analytics
OFF-MARKET
Commercial real estate

149 Loring Commerce Rd Limestone, ME 04750

1,000 SF 19 ac lot
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 19-acre mobile home park located at 149 Loring Commerce Road, Limestone, ME. The park, known as Loring Woods MHP, is licensed for 54 sites and currently boasts a mix of occupied and vacant units. The property features a naturally wooded setting with trees providing privacy between the lots. Essential infrastructure is in place, including a drilled well and a private septic system, both upgraded in 2008, ensuring reliable service for residents. Currently, four homes are occupied, while nine additional homes are on-site, offering potential for renovation or removal to create additional sites. The substantial acreage and existing infrastructure provide significant opportunities to expand the park's capacity and increase revenue streams. This property is ideal for an investor seeking a well-established mobile home park with considerable upside potential in a desirable location. The 1,000 square foot main building offers additional possibilities. The property's 17+ acres provide ample space for future development and expansion. This is a rare chance to acquire a well-maintained mobile home park with immediate income and significant long-term growth prospects. The existing infrastructure and the potential for expansion make this a truly compelling investment. Serious inquiries are encouraged.

Property profile
Verified
Property type Commercial real estate
Total area 1,000 SF
Lot 19 ac (827,640 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
Current use
Occupant on record · Public records
  • Loring Woods Campground & RV Park
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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