Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    524 Ridge Rd Oakfield, ME 04763

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

    Current Use by Public Records

    • Land

    Property Details for 524 Ridge Rd

    Lot size
    230.80 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 230.8-acre property in Oakfield, Maine, presents a unique investment opportunity combining residential, recreational, and industrial potential. The centerpiece is a nearly-completed, 2900 square foot, five-bedroom, 3.5-bathroom farmhouse. Significant renovations have already been undertaken, including electrical upgrades, a whole-house generator, complete spray foam insulation, new siding and roofing, and a refurbished garage. The seller is willing to complete the finishing touches to the buyer's specifications, or the property can be purchased in its current state for a buyer to finish at their leisure. The expansive acreage includes approximately 80 acres of farmland, enhanced by an irrigation pond, and 150 acres of wooded land, ideal for hunting and recreational pursuits. All work completed on the home has been performed by established, experienced contractors. Located at 524 Ridge Rd, Oakfield, ME 04763, this property offers a blend of comfortable living and diverse land uses, making it an attractive proposition for a variety of buyers. The asking price for this remarkable property is $700,000. Aroostook County location provides access to Maine's natural beauty and outdoor recreation.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Oakfield
    County
    Aroostook
    State
    Maine
    Longitude
    -68.1017
    Latitude
    46.1133

    Comparable in this City

    • Value Estimation by Request
      15.00 Acres

      524 A Rdg Rd

      Farms • 15.00 Acres
      524 A Rdg Rd, Oakfield, ME 04763
      View Details
    • Value Estimation by Request
      39.20 Acres

      Oakfield lots 6 & 7 Morrison Brk Rd

      Land • 39.20 Acres
      Oakfield lots 6 & 7 Morrison Brk Rd, Houlton, ME 04763
      View Details
    • Value Estimation by Request
      87.70 Acres

      77 Currie Rd

      Land • 87.70 Acres
      77 Currie Rd, Oakfield, ME 04763
      View Details
    • Value Estimation by Request
      28.50 Acres

      Brown Rd

      Land • 28.50 Acres
      0 Brown Rd, Oakfield, ME 04763
      View Details
    • Value Estimation by Request
      148.00 Acres

      Oakfield Rd

      FINANCIAL BUILDING • 148.00 Acres
      Oakfield Rd, Oakfield, ME 04763
      View Details
    • Value Estimation
      $265,000
      3.33 Acres

      315 Oakfield Smyrna Rd

      CHARITABLE ORGANIZATION • 3.33 Acres
      315 Oakfield Smyrna Rd, Oakfield, ME 04763
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    524 Ridge Rd
    Oakfield, ME 04763
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.