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    613 Russell Rd Madison, ME 04950

    For Sale
    $325,000

    COMMERCIAL - Madison, ME

    Property size:
    2,400 SF
    Lot size:
    20.00 Acres
    Days on Market:
    102
    Last Refresh:
    Dec 12 at 11:06 am

    Property Features for 613 Russell Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Size
    2,400 SF
    Lot size
    20.00 Acres

    Utilities

    Sewer type
    Private Sewer
    Water source
    Well

    Building Details

    Year built
    2022
    Flooring type
    Concrete
    Building materials
    Metal Clad, Wood Frame
    Roof type
    Metal

    Allied Realty (207) 474-9553 [email protected]

    Listing agent John Ducharme III (207) 474-9553

    Listing date Sep 2, 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

    Madison Land with New Garage

    Located in Madison, Maine, this property features a 40x60 garage constructed in 2022. The 20 +/- acre lot has subdivision potential and offers access to ATV and snowmobile trails. The garage is equipped with propane heat, an untested drilled well, and a septic system. It includes a 14' overhead door and a 12x60 carport for undercover storage. The property is situated close to Skowhegan but outside of town.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Madison
    County
    Somerset
    State
    Maine
    Longitude
    -69.7636524
    Latitude
    44.7851515

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    FAQs

    What type of property is this?
    Land - 20+/- acres with a 40x60 garage built in 2022.
    Where is this land located?
    The property is located at 613 Russell Rd Madison, ME.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: - 40x60 GARAGE built in 2022 featuring a 14' overhead door.; - 20 +/- acres with subdivision potential.; - Great location close to Skowhegan but out of town.
    (207) 474-9553
    Request Owner's contact information
    613 Russell Rd Madison, ME 04950
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    Madison, ME 04950
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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
    613 Russell Rd Madison, ME 04950
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