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    8 Old County Rd Marshfield, ME 04654
    Property profile & analytics

    8 Old County Rd Marshfield, ME 04654

    View on Map
    • Commercial real estate
    • 1,900 SF
    • 1.00 lot acres
    Off-Market
    Property ID
    US42-0220907
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 8 Old County Rd

    Lot size
    1.00 lot acres
    Property size
    1,900 SF
    Property type
    Commercial real estate

    Description

    This exceptional commercial property, located at 8 Old County Road in Marshfield, Maine, presents a unique investment opportunity. Situated on a one-acre corner lot at the intersection of Hadley Lake Road and Old County Road, this 1,900 square foot building boasts stunning views of the Machias River. Its prime location offers unparalleled convenience, being less than a mile from downtown Machias and benefiting from the steady traffic flow of Route 1. The building, previously a pharmacy, features a spacious layout with a 31x64 foot footprint and a sizable second floor, providing ample versatility for a wide range of commercial uses. The property includes a paved parking lot, ensuring convenient parking for customers and employees. Radiant floor heating provides year-round energy efficiency, while a private septic system and well eliminate reliance on municipal services. This property's combination of high visibility, convenient location, and adaptable space makes it an ideal choice for entrepreneurs and investors seeking a foothold in the thriving Downeast Maine market. The property's proximity to local restaurants, shops, and amenities further enhances its appeal. Don't miss this chance to own a piece of prime commercial real estate in a desirable location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Marshfield
    County
    Washington
    State
    Maine
    Longitude
    -67.44432
    Latitude
    44.72343

    Comparable in this City

    • $349,000
      8,297 SF

      Historic Machias Commercial Building

      8,297 sq ft, prime location, many uses
      10 Center St, Machias, ME 04654
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      4,800 SF

      Operating Bowling Alley on Acreage

      Operational bowling alley suitable for storage or redevelopment on 2+ acres.
      21 Northfield Rd Rd, Marshfield, ME 04654
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      4,800 SF

      Operating Bowling Alley on Large Lot

      Operating bowling alley suitable for storage units on 2+ acres.
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    • $749,999
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      Versatile Commercial Building in Machias

      6,500 sq ft commercial building with garage bays and office.
      201 Dublin St, Machias, ME 04654
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    • $39,000
      435,600.00 Acres

      Secluded Land for Outdoor Enthusiasts

      10-acre property in Northfield, ME, ideal for off-grid living.
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    • $170,000
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      Coastal Land for Sale

      2.98 acre vacant lot with coastal frontage.
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    Similar Nearby for Sale

    • $349,000
      8,297 SF

      Historic Machias Commercial Building

      8,297 sq ft, prime location, many uses
      10 Center St, Machias, ME 04654
      View Details
    • $39,000
      435,600.00 Acres

      Secluded Land for Outdoor Enthusiasts

      10-acre property in Northfield, ME, ideal for off-grid living.
      9 Off Eastern Rdg Rd, Northfield, ME 04654
      View Details
    • $170,000
      129,809.00 Acres

      Coastal Land for Sale

      2.98 acre vacant lot with coastal frontage.
      M2 Nepp Pt Rd, Roque Bluffs, ME 04654
      View Details
    • $160,000
      4,062 SF

      Versatile Commercial Building on Large Lot

      Centrally located, spacious building suitable for various uses.
      54 North St, Machias, ME 04654
      View Details
    • New
      $786,000
      4,350 SF

      Renovated Greek Revival with Office

      Elegant 1860 Greek Revival with modern office space.
      44 Broadway St, Machias, ME 04654
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    • Contact for pricing
      4,800 SF

      Operating Bowling Alley on Acreage

      Operational bowling alley suitable for storage or redevelopment on 2+ acres.
      21 Northfield Rd Rd, Marshfield, ME 04654
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,050 SF

      Retail Space in Machias Center

      2,050 SF retail space available in Hannaford-anchored shopping center.
      149 Dublin St, Machias, ME 04654
      View Details
    • Contact for pricing
      3,995 SF

      Machias Retail Space For Rent

      3,995 SF retail space available in mixed-use center.
      76 Dublin St, Machias, ME 04654
      View Details
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    8 Old County Rd
    Marshfield, ME 04654
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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