Property profile

822 Kennedy Memorial Dr Oakland, ME 04963

OFF-MARKET
Commercial land
Property ID
US42-0446540
0.46 ac lot
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

The property is an improved commercial lot featuring a paved two-way driveway and approximately 100 feet of road frontage, providing defined vehicular access to the site. Public water and sewer are available, electricity is present at the lot, and natural gas is available at the road. The rear boundary is bordered by trees and grass, forming a natural edge to the parcel. It is located on Kennedy Memorial Drive in Oakland, just off I-95, with frontage on the roadway and access suited to commercial development; DOT average yearly traffic counts for the area are reported in the range of approximately 14,000 to 17,710 vehicles. The lot is zoned for commercial use and is configured to support early site planning for a variety of commercial uses requiring established utilities and direct paved driveway access.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.46 ac (20,038 SF)
Zoning code HIGHWA
APN OAKL M:006 L:012-A
UPID US42-0446540

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant

Location

822 Kennedy Memorial Dr Oakland, ME 04963-4825
Oakland metro Census 25002 AUGUSTA-WATERVILLE, ME MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$430k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$430k

Owner & transaction history

Zoning & alternative use

HIGHWA · Oakland, ME

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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