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    M5 Main St Palmyra, ME 04965

    New
    For Sale
    $279,000

    Industrial - Palmyra, ME

    Type:Industrial
    Lot size:
    202,554.00 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 10 at 8:06 pm

    Property Features for M5 Main St

    General Information

    Property type
    Land
    Property subtype
    Industrial
    Standard status
    Active
    Lot size
    202,554.00 Acres

    Building Details

    Architectural style
    Other

    Better Homes and Gardens-The Masiello Group (800) 741-1540 [email protected]

    Listing agent Stacy White (207) 667-7423

    Listing date Dec 8, 2025

    MLS# 1645855 Listing URL

    Copyright © 2025 Better Homes and Gardens-The Masiello Group. 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 Commercial Lot on Main

    This commercial lot, situated on Main Street in Palmyra, encompasses approximately 4.65 acres. Its location offers high visibility and accessibility, enhanced by its proximity to established businesses, restaurants, and shopping destinations. The property is located just over a mile from the I-95 exit, benefiting from strong daily traffic. The site is suitable for a variety of commercial applications, including retail, offices, a restaurant, or a multi-unit strip center. The seller is open to build-to-suit arrangements, providing flexibility for development plans.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    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
    -69.429697
    Latitude
    44.81712

    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?
    Commercial land - 4.65 acre commercial lot in high-visibility location.
    Where is this commercial land located?
    The property is located at M5 Main St Palmyra, ME.
    What is the asking price?
    The asking price for this property is $279,000.
    What are key features of this property?
    This property features: - Prime 4.65 acre commercial lot on Main Street.; - High-visibility location with strong daily traffic.; - Excellent accessibility, just over a mile from I-95.
    (207) 667-7423
    Request Owner's contact information
    M5 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
    M5 Main St Palmyra, ME 04965
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