Listing Agency: Ellsworth, Maine · Better Homes and Gardens Real Estate i***@Masiello.com Show Phone

Listed By: Stacy White · License #BA921662 Show Phone

Added: Dec 8, 2025 Changed: Sep 16 Last Checked: Sep 18 at 9:06PM

Report an Issue

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 approximately 4.65-acre commercial land parcel is located on Main Street in Palmyra, offering a substantial site for future development. The property is positioned among established businesses, restaurants, and shopping destinations, with commercial uses identified for retail, office, restaurant, or multi-unit strip center development.

The site is just over a mile from an I-95 exit, providing convenient highway access and exposure to daily traffic. The seller is willing to build to suit, allowing the development approach to be tailored to an approved commercial concept.

Key Highlights

• Approximately 4.65 acres of commercial land
• Main Street location in Palmyra, ME 04965
• Just over a mile from an I‑95 exit

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Commercial land

Suggested Use

Top Pick Auto Repair Shop (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties What are key features of this property?

Similar For Sale Nearby

Commercial Land with Build-to-Suit Option

1 Main Street, Palmyra, ME 04965

$279,000

202,554 SF

View details

Commercial Land with Build-to-Suit Option

5871 M5, L87-1 Main St, Palmyra, ME 04965

$279,000

View details

Wooded Recreation Land with Cabin Shell

M2 L21-3 S Ridge Road, Palmyra, ME 04965

$54,900

5.00 Acres

View details

Palmyra, ME Buildable Lot

M2 L21-2 S Ridge Road, Palmyra, ME 04965

$39,900

5.29 Acres

View details

Cleared Land Ready For Home

Windfall Lane lot: 29-8, Palmyra, ME 04965

$49,900

2.02 Acres

View details

Commercial Land with Build-to-Suit Option

M5,L87-1 Main Street, Palmyra, ME 04965

$279,000

View details

Palmyra, ME

83 Main Street, Palmyra, ME 04965

Contact for pricing

2.90 Acres

View details

Land, Palmyra, ME

Leavitt Lane, Palmyra, ME 04965

$93,000

1.50 Acres

View details

Frequently Asked Questions

What type of property is this?

Commercial land - Commercial parcel with build-to-suit flexibility near established businesses, dining, shopping, and the I-95 interchange.

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 04965; Just over a mile from an I‑95 exit