You are browsing as a guest. Register to access key data for free.
Property profile

447 Thorndike Rd Thorndike, ME 04986

OFF-MARKET
Land
Property ID
US42-0626229
View Sample
7 ac lot

Property summary

AI-generated overview

This exceptional 7-acre commercial property in Thorndike, Maine, presents a unique investment opportunity. Located at 447 E Thorndike Rd, 04986, this parcel includes a 975 square foot building constructed in 1950, along with two additional structures. The property offers significant potential for renovation and creative repurposing. Imagine transforming this space into a workshop, studio, or even a residence, capitalizing on its rural setting and convenient location. Thorndike provides a peaceful, nature-filled environment while maintaining proximity to essential amenities and attractions. Easy access to Route 139 and Route 220 ensures a straightforward commute to nearby towns like Waterville, Belfast, and Bangor. The property is being sold as-is, requiring work and investment to reach its full potential. Further enhancing its appeal, there's potential for additional access via Fowler Road, which borders the property. This is a rare opportunity to acquire a substantial landholding with existing structures in a desirable Maine location. The asking price is $89,900.

Property profile

Verified
Property type Land
Lot 7 ac (304,920 SF)
UPID US42-0626229

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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 447 Thorndike Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message