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Property profile & analytics
OFF-MARKET
Land

39 Sandy Ridge Ln Searsport, ME 04974

1.61 ac lot
Property ID
Property summary
AI-generated overview

This 1.61-acre commercial lot, located at 39 Sandy Ridge Lane in Searsport, Maine (APN: 39sandyridgelanesearsportme04974), presents a unique investment opportunity. Priced at $49,900, this translates to approximately $30,993.79 per acre. The property is zoned RES-3, offering potential for various commercial uses. Situated in Waldo County, this land is conveniently located near local beaches, parks, shopping centers, summer festivals, and farmers' markets. The established neighborhood features well-maintained homes, providing a serene and desirable setting. The lot has undergone soil testing and surveying, simplifying the development process. This parcel offers a blend of tranquility and accessibility, making it an attractive option for commercial development in a thriving Midcoast Maine community. The property's location in Searsport, ME, zip code 04974, provides easy access to local amenities and attractions. This is a rare opportunity to acquire commercial land in a sought-after area.

Property profile
Verified
Property type Land
Lot 1.61 ac (70,132 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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