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    M1 Main St Palmyra, ME 04965

    For Sale
    $55,000

    LAND - Palmyra, ME

    Lot size:
    5.40 Acres
    Days on Market:
    96
    Last Refresh:
    Dec 6 at 2:06 pm

    Property Features for M1 Main St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Pets allowed
    No
    Lot size
    5.40 Acres

    Utilities

    Sewer type
    Septic Needed
    Water source
    Well Needed

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

    Listing agent Sylvia Turner (207) 474-9553

    Listing date Sep 2, 2025

    MLS# 1616454 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

    Palmyra, ME - 5+ Acre Lot

    This 5.4-acre lot is situated on a well-traveled road, offering a combination of convenience and privacy. A driveway and culvert are already in place, along with a partially cleared area suitable for building. The property is surrounded by woods, providing seclusion, while remaining close to Hartland, Canaan, and Pittsfield, which offer access to gas, groceries, and shopping.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Auto Repair Shop Pawn Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Palmyra
    County
    Somerset
    State
    Maine
    Longitude
    -69.429642
    Latitude
    44.817108

    Nearby Similar for Sale

    • $475,000
      2,640 SF

      Palmyra Commercial Building on 3.3 Acres

      Commercial building on 3.3 acres, formerly an automobile dealership.
      20 Estes Ave, Palmyra, ME 04965
      View Details

    FAQs

    What type of property is this?
    Land - 5+ acre lot with driveway, culvert, and partially cleared area.
    Where is this land located?
    The property is located at M1 Main St Palmyra, ME.
    What is the asking price?
    The asking price for this property is $55,000.
    What are key features of this property?
    This property features: - 5+ acre lot offering privacy and space.; - Driveway and culvert already installed.; - **Partially cleared area ready for building.**
    (207) 474-9553
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    M1 Main St Palmyra, ME 04965
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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
    M1 Main St Palmyra, ME 04965
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