39 Sandy Ridge Ln Searsport, ME 04974
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.