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    389 Wilton Rd Farmington, ME 04938

    For Sale
    $399,000

    COMMERCIAL - Farmington, ME

    Lot size:
    20.00 Acres
    Days on Market:
    236
    Last Refresh:
    Dec 8 at 5:06 am

    Property Features for 389 Wilton Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    Lot size
    20.00 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Palmer Realty Group (207) 778-4444 [email protected]

    Listing agent Andrew Hufnagel (207) 778-4444

    Listing date Apr 17, 2025

    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

    Farmington Commercial Investment Opportunity

    This commercial investment opportunity is located on the busiest road in Franklin County. The property is a previously approved sub-division by the Town of Farmington, ready and waiting for development. Town water and sewer mains have been installed, with water lines set to the building sites. Drainage and a pump station have been installed, and three-phase power is available at the road. Approximately 6 acres are dedicated to phase one of this project, with a total of 20 acres available for possible additional units. Civil engineered drawings are available for review for this housing development. The land is situated minutes from Franklin Memorial Hospital and other health care facilities, as well as the amenities of Farmington, the hub of Franklin County.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Building Supply Spa & Massage Hair Salon Nail Salon Hotel & Motel Department Store Accounting Firm Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Farmington
    County
    Franklin
    State
    Maine
    Longitude
    -70.1012
    Latitude
    44.6583

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    FAQs

    What type of property is this?
    Commercial land - Sub-division opportunity on the busiest road in Franklin County.
    Where is this commercial land located?
    The property is located at 389 Wilton Rd Farmington, ME.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: - Approved sub-division ready for development on the busiest road in Franklin County.; - Town water and sewer mains installed, including water lines to building sites.; - Drainage and pump station already installed.
    (207) 778-4444
    Request Owner's contact information
    389 Wilton Rd Farmington, ME 04938
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    Farmington, ME 04938
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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
    389 Wilton Rd Farmington, ME 04938
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