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    2/4 Rte Farmington, ME 04938

    Sponsored
    For Sale
    $650,000

    92 Acres, US Route 2/4 Frontage

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 92-acre property presents a unique investment opportunity in Farmington, Maine. Located directly on US Route 2/4 (Wilton Road), a major East-West state highway connecting New Hampshire to Bangor, this land boasts significant daily traffic volume estimated at 16,530 vehicles. Its strategic position within a heavily traveled commercial corridor, situated between Hannaford and Walmart, ensures high visibility and accessibility. The property is zoned FF, offering versatile development potential. The expansive acreage allows for a wide range of commercial and/or agricultural uses, making it ideal for businesses seeking a prominent location with high traffic exposure. This prime location in Franklin County offers easy access to local amenities and a strong regional economy. The asking price is $650,000. Serious inquiries are encouraged to explore the possibilities of this exceptional development land. Detailed zoning information and site plans are available upon request.

    Property Features for 2/4 Rte

    General Information

    Property type
    Farms
    Lot Size
    4,007,520 SF

    HighLights

    • 92± acres of developable land in Farmington, Maine.
    • Direct frontage on US Route 2/4 (Wilton Road), a major East‑West state highway.
    • High traffic count of approximately 16,530 vehicles per day.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Farmington
    County
    Franklin
    State
    Maine
    Longitude
    -70.150617530009
    Latitude
    44.64701708158

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    FAQs

    What type of property is this?
    Farm - 92 Acres, US Route 2/4 Frontage
    Where is this farm located?
    The property is located at 2/4 Rte Farmington, ME.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: 92± acres of developable land in Farmington, Maine.; Direct frontage on US Route 2/4 (Wilton Road), a major East-West state highway.; High traffic count of approximately 16,530 vehicles per day.
    Request Owner's contact information
    2/4 Rte 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
    2/4 Rte Farmington, ME 04938
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