Commercial Land with Build-to-Suit
For Sale
$279,000
M5 L87-1 Main Street, Palmyra, ME 04965
Palmyra, ME
Property SizeContact for details
Days on Market262
Property Features for M5 L87-1 Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Listing Agency:
Ellsworth, Maine · Better Homes and Gardens Real Estate
(207) 667-7423
Listed By:
Stacy White · License #BA921662
(207) 812-7911
Added: Dec 8, 2025
Changed: Aug 24
Last Checked: Aug 27 at 8:06AM
MLS# 1645856
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This commercial land offering comprises approximately 4.65 acres on Main Street in Palmyra. The seller is willing to pursue a build-to-suit approach, providing flexibility for a project tailored to the site. Retail, office, restaurant, and multi-unit strip-center concepts are identified among the potential commercial applications.
The property sits among established businesses, restaurants, and shopping destinations, with access to the I-95 exit just over a mile away. Its location on Main Street places the parcel within an established commercial setting in Somerset County. The offering combines a sizable development site with direct roadway presence and a seller-supported build-to-suit option.
The property sits among established businesses, restaurants, and shopping destinations, with access to the I-95 exit just over a mile away. Its location on Main Street places the parcel within an established commercial setting in Somerset County. The offering combines a sizable development site with direct roadway presence and a seller-supported build-to-suit option.
Key Highlights
- Approximately 4.65 acres of commercial land
- Main Street location in Palmyra, ME
- Just over a mile from the I‑95 exit
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5
Businesses Nearby
Explore this area
Business Placement
Demographics for 04965, ME
1,924
Population
879
Households
2.2
Avg Household Size
49
Median Age
17%
College-Educated
89%
High-School Grad
40.2 sq mi
ZIP Area
48
Density / Sq Mi
$49,261
Median Household Income
$39,821
Median Earnings
$763
Median Rent
$123,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Main Street parcel offering build-to-suit flexibility for commercial development.
Where is this commercial land located?
The property is located at M5 L87-1 Main Street 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: Approximately 4.65 acres of commercial land; Main Street location in Palmyra, ME; Just over a mile from the I‑95 exit
