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Property profile

321 Atlantic Hwy Northport, ME 04849

OFF-MARKET
Other land
Property ID
US42-0343645
View Sample
229 ac lot

Property summary

AI-generated overview

The property comprises approximately 229 acres in Northport, Maine, with frontage along Route 1 and elevations reaching about 420 feet on Jackson Hill. It offers views of Penobscot Bay, Belfast Harbor, and the Camden Hills, and has additional access from Knights Pond Road, including elevated points with views of Knights Pond and proximity to the pond preserve. The land is zoned for residential use and is configured to support a range of uses consistent with residential zoning, including development options such as an RV park with coastal views, a residential housing development, or a private family compound, as well as use of the property’s timber resources through sustainable timber harvesting and the establishment of primitive access as needed. The listing notes a prior timber-activity estimate for purchasing unharvested timber and preparing access for timber-related operations, but the property’s physical attributes—size, topography, road frontage, and scenic vantage points—are the primary enduring characteristics.

Property profile

Verified
Property type Other land
Lot 229 ac (9,975,240 SF)
UPID US42-0343645

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
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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

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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