0 Shep Rd Springfield, ME 04487
This exceptional 20-acre property in Springfield, Maine, presents a unique opportunity for recreational enthusiasts and those seeking a peaceful residential retreat. Located on Shep Road in Penobscot County, this land boasts 925 feet of road frontage, providing convenient access. The property's surveyed boundaries ensure clear ownership lines. Enjoy easy access to established snowmobile and ATV trails, making it ideal for winter and summer adventures. The abundance of nearby lakes offers excellent fishing opportunities, while the surrounding area provides ample hunting grounds. Electricity is readily available nearby, and a newly constructed driveway simplifies access to the property. The absence of deed restrictions allows for flexibility in future development plans. This parcel is situated in the 04487 zip code, offering a tranquil escape while remaining conveniently located. The asking price for this remarkable property is $35,000. This is a rare chance to own a substantial piece of Maine land with diverse recreational possibilities and potential for residential use.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
4 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.