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Property profile & analytics
OFF-MARKET
Land

0 Shep Rd Springfield, ME 04487

20 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 20 ac (871,200 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
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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