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    Me-11 Masardis, ME 04732

    • Land
    • 57.58 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Me-11

    Lot size
    57.58 lot acres
    Property type
    Land

    Description

    This exceptional 57.58-acre parcel of land, located in Masardis, Maine (zip code 04732), presents a unique opportunity for outdoor enthusiasts. Situated off Riverside Escapes Road, west of Route 11 in Aroostook County, this property offers convenient access to a shared point on the Aroostook River. The land is primarily wooded, ideal for a variety of recreational activities including hunting, fishing, ATV riding, and snowmobiling. The property's surveyed acreage ensures clear boundaries and ownership. A gravel road provides access to the property, and a driveway is already established, leading directly onto the land. The asking price for this expansive recreational property is $59,900. This is a remarkable opportunity to own a significant piece of Maine's wilderness, perfect for building a cabin or simply enjoying the natural beauty of the region. The property's location offers a peaceful retreat while remaining relatively accessible. The dead-end road ensures a quiet and secluded setting, ideal for those seeking tranquility and privacy. This is a rare chance to acquire a substantial tract of land with excellent recreational potential at an attractive price point.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Masardis
    County
    Aroostook
    State
    Maine
    Longitude
    -68.3768
    Latitude
    46.5564

    Comparable in this City

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      32.47 Acres

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    • Value Estimation by Request
      17.53 Acres

      Me-11

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      131 Main St

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    • Value Estimation by Request
      0.40 Acres

      148 Garfield Rd

      FINANCIAL BUILDING • 0.40 Acres
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    • Value Estimation
      $290,000
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      Sta St

      FINANCIAL BUILDING • 1.01 Acres
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    Me-11
    Masardis, ME 04732
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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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