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    Property profile & analytics

    1060 Farmington Fls Rd Farmington, ME 04938-6449

    • Retail space
    • 8,272 SF
    • 2.84 lot acres
    OFF-MARKET
    Value Estimation
    $385,000
    Last Sale
    Apr 24, 2025
    Location Intelligence
    Property ID
    US42-0458797
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail space

    Property Details for 1060 Farmington Fls Rd

    Year built
    1993
    Lot size
    2.84 lot acres
    Property size
    8,272 SF
    Zone code
    RB
    Property type
    Retail space
    APN
    FARN M:U02 L:003-A
    APU
    FARNMU02L003A

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Farmington
    County
    Franklin
    State
    Maine
    Longitude
    -70.0762
    Latitude
    44.6244

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $7,655
    $75,900
    $308,600
    $384,500
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      8,528 SF

      379 Wilton Rd

      RETAIL STORES (PERSONAL SERVICES) • 8,528 SF
      379 Wilton Rd, Farmington, ME 04938-6124
      View Details
    • Value Estimation
      $375,000
      4,480 SF

      349 Wilton Rd

      RETAIL STORES (PERSONAL SERVICES) • 4,480 SF
      349 Wilton Rd, Farmington, ME 04938-6124
      View Details
    • Value Estimation
      $335,000
      6,284 SF

      247 Frnt St

      RETAIL STORES (PERSONAL SERVICES) • 6,284 SF
      247 Frnt St, Farmington, ME 04938-5805
      View Details
    • Value Estimation
      $325,000
      2,990 SF

      107 Brg St

      RETAIL STORES (PERSONAL SERVICES) • 2,990 SF
      107 Brg St, Farmington, ME 04938
      View Details
    • Value Estimation
      $240,000
      3,550 SF

      181 Frnt St

      RETAIL STORES (PERSONAL SERVICES) • 3,550 SF
      181 Frnt St, Farmington, ME 04938-5834
      View Details
    • Value Estimation
      $230,000
      3,200 SF

      133 Brg St

      RETAIL STORES (PERSONAL SERVICES) • 3,200 SF
      133 Brg St, Farmington, ME 04938
      View Details

    Similar Nearby for Sale

    • $320,000
      1,181 SF

      Farmington Commercial Building on Route

      Commercial building with high visibility, ample parking, and versatile space.
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      Commercial Building with Drive-Thru

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    • New
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      2,713 SF

      Turn-Key Party Supply Store

      Party supply store with rental unit in Farmington, Maine.
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    • $459,000
      4,350 SF

      Farmington Commercial Opportunity

      Commercial building in the heart of Farmington, Maine.
      407 Wilton Rd, Farmington, ME 04938
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    • $695,000
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      Farmington Commercial Property on Route 2

      High-visibility commercial property with redevelopment potential in Farmington, Maine.
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    • $599,000
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      Established Auto Repair Shop For Sale

      Turn-key auto repair shop in a desirable Farmington location.
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    Similar Nearby for Lease

    • $15 SF/Yr
      2,540 SF

      Retail or Restaurant Space Available

      Highly visible pad building in Hannaford-anchored retail center.
      134 Hannaford Dr, Farmington, ME 04938
      View Details
    • $10 SF/Yr
      750 SF

      Historic Office Space For Rent

      Professional office spaces in downtown Farmington, Maine.
      144 High St, Farmington, ME 04938
      View Details
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    Farmington, ME 04938-6449
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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
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