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Property profile & analytics
OFF-MARKET
Commercial real estate

884 Kennedy Memorial Dr Oakland, ME 04963-4825

1.4 ac lot
Entity Owned Absentee Owner Free & Clear
Property ID
US42-0422963
Property summary
AI-generated overview

This exceptional commercial property, located at 884 Kennedy Memorial Drive in Oakland, Maine, presents a unique investment opportunity. Priced at $650,000, this 1.4-acre lot boasts a substantial 3,800 square feet of retail space distributed across multiple buildings. The property enjoys excellent visibility and high traffic counts due to its strategic location on Kennedy Memorial Drive, directly across from Mid-Maine Marine. The expansive lot offers over 300 feet of road frontage, providing ample space for signage and customer access. The versatile layout of multiple buildings allows for diverse business applications and potential expansion. This property is ideal for entrepreneurs seeking a high-profile location with significant development potential in a thriving Maine community. The 04963 zip code ensures easy access to local amenities and a strong customer base. The property's size and location make it an attractive option for a variety of retail businesses seeking a prominent presence in Oakland. This is a rare opportunity to acquire a well-positioned commercial property in a desirable market. The square footage reflects the combined area of the multiple buildings on the site.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 1.4 ac (60,984 SF)
Zoning code HIGHWA
APN OAKL M:005 L:089
UPID US42-0422963
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap 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
Ndd Properties LLC
Ndd Properties LLC
since 2026
Last sale
$425,000
1 recorded transaction
2026
$425,000
Zoning & alternative use
HIGHWA · Oakland, ME
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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