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    2100 Route 3 Palermo, ME 04354

    For Sale
    $149,900

    LAND - Palermo, ME

    Lot size:
    5.64 Acres
    Days on Market:
    67
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 2100 Route 3

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Com
    Parking features
    Driveway
    Lot size
    5.64 Acres

    Keller Williams Realty (207) 879-9800 [email protected]

    Listing agent Steven Chicoine (207) 879-9800

    Listing date Sep 30, 2025

    MLS# 1639297 Listing URL

    Copyright © 2025 Maine Real Estate Information System, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land on Route 3

    This 5.64-acre commercial land parcel is located in Palermo, ME. The property offers significant frontage on the heavily traveled Route 3, providing major traffic exposure. Additionally, it features frontage on Boots & Saddle Road, allowing for alternative access with less traffic. The property's size presents the opportunity to potentially subdivide into one or two lots over time. This land is suitable for establishing a new business requiring high visibility and accessibility.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Spa & Massage Wholesale Shop Hair Salon Nail Salon Food Market Garden Center Electrical Service Plumbing Service Pet Grooming Service Farmer's Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Palermo
    County
    Waldo
    State
    Maine
    Longitude
    -69.413079
    Latitude
    44.380397

    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Commercial land - 5.64 acre commercial land parcel with high traffic exposure.
    Where is this commercial land located?
    The property is located at 2100 Route 3 Palermo, ME.
    What is the asking price?
    The asking price for this property is $149,900.
    What are key features of this property?
    This property features: - High traffic exposure on Route 3.; - Dual road frontage on Route 3 and Boots & Saddle Road.; - Large 5.64 acre lot size.
    (207) 879-9800
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    2100 Route 3 Palermo, ME 04354
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    Palermo, ME 04354
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    2100 Route 3 Palermo, ME 04354
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