Property profile

5 A Newburgh, ME 04444

OFF-MARKET
Land
10 ac lot
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Property summary

AI-generated overview

This exceptional 10-acre property in Newburgh, Maine, presents a unique opportunity for both recreational pursuits and residential development. Located on Kennard Road, off Route 202, this partially cleared lot offers convenient access to I-95, providing easy commutes north or south via the Carmel/Winterport interchange. The land boasts a significant advantage: an approved soil test, ensuring readiness for construction. Further enhancing its appeal is an existing driveway and readily available power at the roadside, simplifying the building process. Adding to the property's natural charm is a natural spring situated near its center. The secluded location on a dead-end road guarantees peace and privacy, making it an ideal retreat. The property is zoned for both hunting/recreational and residential use, offering flexibility for diverse needs. Situated in Penobscot County, with a Newburgh mailing address and 04444 zip code, this 10-acre parcel is priced at $70,000. The coordinates are 44.7164559 latitude and -69.0174127 longitude. Lot 5A on Kennard Rd provides a tranquil setting while remaining conveniently close to major transportation routes. This is a rare opportunity to own a versatile property in a desirable Maine location.

Property profile

Verified
Property type Land
Lot 10 ac (435,600 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5 A Newburgh, ME 04444
Newburgh metro
Google Maps

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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