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    Shep Rd Springfield, ME 04487

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

    Current Use by Public Records

    • Land

    Property Details for 0 Shep Rd

    Lot size
    20.00 lot acres
    Property type
    Land

    Description

    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.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Penobscot
    State
    Maine
    Longitude
    -68.1311
    Latitude
    45.3848

    Comparable in this City

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      20.00 Acres

      Shep Rd

      Land • 20.00 Acres
      0 Shep Rd, Springfield, ME 04487
      View Details
    • Value Estimation by Request
      1.50 Acres

      Lakeville Shr Rd

      Land • 1.50 Acres
      0 Lakeville Shr Rd, Lakeville, ME 04487
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    • Value Estimation by Request
      16,825 SF

      883 Main St

      Commercial real estate • 16,825 SF
      883 Main St, Springfield, ME 04487
      View Details

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    Shep Rd
    Springfield, ME 04487
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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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